Press Release
Sale of Marshall’s Lagoon a rare chance to buy a unique Sunshine Coast property
Sunshine Coast
February 2, 2023
Media Contact
Senior Communications Specialist, Australia

The Sunshine Coast site of the 2005 world wakeboard championships is being offered for sale on behalf of long-time owners Bob and Kathy Marshall.
Dominated by three large, tree-lined lakes, the 52.64ha property is located at Chevallum, just off the Bruce Highway.
The Marshall’s Lagoon site was earmarked to be a world-class water sports facility before being used in more recent years as a nature-based rural camping retreat known as Marshall Ski Lakes.
With Bob Marshall now in his nineties, the family is offering the site for sale through CBRE’s Sunshine Coast office to allow for its next incarnation.
“The sale provides an opportunity to acquire a unique asset in one of Australia’s most desirable locations. While the current zoning restricts the use of the land to rural activities, or activities that complement rural enterprise, potentially consistent uses include a resort complex, short-term accommodation, a tourist park or a major renewable energy facility, subject to the relevant planning approvals,” CBRE Sunshine Coast Director Louisa Blennerhassett said.
The 1 Leafy Lane property is situated just west of the Bruce Highway and close to the interchange with Maroochydore Road and Nambour Connection Road, where a $300 million upgrade is taking place.
It includes a house and a caretaker’s residence and is located within a Rural Zone under the 2014 Sunshine Coast Planning Scheme.
Land immediately to the north of the property has been granted Preliminary Approval which allows future development for tourism and leisure activities, major event space and a variety of accommodation options
Just across the highway is the rapidly expanding suburb of Forest Glen, where a new master-planned retail and shopping development is taking shape. It is within 15 minutes of Mooloolaba, the University of the Sunshine Coast and the developing Maroochydore CBD.
The property is for sale through an Expressions of Interest campaign, closing on Wednesday, 8th March 2023.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.