Vanessa Hall
Editor
IN WHAT was set out to be a first for the Coolum region will now potentially be put on hold with the company behind the Barns Lane Farm development listing the site for sale.
The large parcel of land flanks an area adjacent to the Sunshine Motorway and Coolum State School.
In a statement released to the Advertiser, the 6.82-hectare Barns Lane Farm Rural and Agri-Tourism project is being sold with a Development Approval in place.
The Barns Lane Farm development was met with favourable excitement by the local community and was set to include orchards, a produce hall and an immersive ‘paddock to plate’ food experience as well as a distillery and live music venue.
A spokesperson from JLL, the company listing the site stated that there had been much interest in the coveted site.
“JLL is guiding the sale with an undisclosed asking price and a high level of local and international interest is expected.”
The reason for the sale is being put down to the current owner ‘Into Property’ wanting to focus on other projects.
“Having acquired the Coolum site in 2021 and sharing its vision for the site’s potential, the developer’s long list of other Southeast Queensland projects means that a decision has been made to seek a new owner for the Coolum land parcel.”
The site has had a checkered history with a Bunnings warehouse once proposed for the site however that development was successfully fought and opposed by both Sunshine Coast Council and local community advocacy groups.
The site was also once a Llama farm.
Property data history shows that the site has previously sold for $5.775 million to the current owners in 2022 and for just over $9 million in 2011 and in 2004 the block sold for $8.5 million.
The current asking price is undisclosed and expressions of interest for the site will close on March 27.
What do you think should happen with the site? Please let us know by sending into editor@coolumadvertiser.com.au