A major developer has released the first lots at its new estate north of Brisbane
A major developer has released the first lots at its newest estate north of Brisbane but the lot sizes might surprise some.
Moreton
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A major developer has released the first lots at its newest estate north of Brisbane but the lot sizes might surprise some.
Stockland released the first 22 lots at its Promenade Rothwell development at the weekend.
The development is at Morris Rd, on 9.2ha of green space, previously owned by the Moreton Bay Regional Council.
Moreton Bay Regional Council sold the site at 159-217 Morris Rd, Rothwell for $16.15 million to the developer in August last year.
Residents were not impressed with the sale of the land and raised concerns about how the busy street would cope with the extra traffic.
Stockland officially released the first lots on Sunday, with sizes ranging from 263 sqm to 448 sqm.
Prices start from $214,900.
The estate is expected to include 191 homes when finished.
Stockland acting Queensland General Manager for Residential Communities David Laner described the response to the release as “outstanding”.
“This is an important milestone for our new community and we’re delighted with the strong response from customers who appreciate Promenade’s enviable location and value for money,” Mr Laner said.
“The success of our nearby communities of North Lakes and Newport is reflected in the keen interest we have received from homebuyers looking for a safe, family friendly community that offers quality homes close to established services and amenities.
“Importantly, Promenade offers a wide range of affordable homes for entry-level buyers and a large number of our inquiries have come from people looking to step on the property ladder for the first time.”