An architect’s impression of the Oshen apartments in Yeppoon. Councillors yesterday approved the five-storey building which has attracted $15 million in sales in just eight weeks.
An architect’s impression of the Oshen apartments in Yeppoon. Councillors yesterday approved the five-storey building which has attracted $15 million in sales in just eight weeks. Contributed

Revised plan doubles Yeppoon units

AT a height of 15 metres, the five-storey apartment building approved by planning committee councillors yesterday will be Yeppoon’s tallest.

But it’s not the height that will be the main talking point about the units with ocean views in Hill Street – it’s the density.

Four years ago planning permission was given for a building on the same, 2179-square-metre block for 26 units.

Yesterday Rockhampton Regional Council’s Strategic Planning Committee accepted basically an identical external structure containing 60 units.

Committee chairman Cr Brett Svendsen said: “It’s the same envelope, the same building, but smaller rooms. Higher-density living is our future. We are not looking at thousand-metre blocks any more.”

And Mayor Brad Carter also welcomed the development. He called the decision to revise the original application a noble one.

“To make this a marketable commodity in the current climate, it is a sensible move. The original design was not attracting investment because of the global financial crisis.”

The Oshen apartments will accommodate 145 residents, virtually doubling the density.

Senior planning officer Adriaan Stander said the density was not an issue, even though the application was in conflict with the council’s own planning regulations.

“There’s sufficient open space, plenty of parking and it should be remembered that most of the units will be used as holiday accommodation, so they will not be a permanent residence,” he said.

The apartment block will house a mix of one, two and three-bedroom units, with penthouse suites on the fifth floor.

Janek De Silva, chief executive of the developer, Concept Living, said $15 million worth of sales off the plan had already proved the demand and popularity of the proposed block.

“The views are spectacular and there’s been very strong support for the idea all the way through. We will be looking to fast-track the construction as soon as we get final approval from the full council.”

He said the response to the development had astonished him and he predicted total sales would be worth about $35 million.

The sales office in Yeppoon secured $5 million in apartment sales in the first two weeks of January. If construction went smoothly, Oshen could be finished next year.

Yeppoon Real Estate principal Ross O’Riley said he had not known anything like the interest in his time at the coast.

“We have sold 22 apartments in eight weeks. Most of the interest is from Yeppoon and Rockhampton and the remainder of Central Queensland.

“One of the penthouses sold last week for $1.985 million,” he said.



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