Maas Group lodge plans for $16.5M residential Ellida Estate, Parkhurst

The new owners paid a million-dollar price for the prime development land and have pushed forward with paperwork for 267 lots on the western precinct of the estate.

The Ellida Estate at Parkhurst.

The new owners of Ellida Estate are pushing through with their plans to develop the massive 275 hectare property in Parkhurst, having purchased the site for $16.5 million.

The sale price was undisclosed at the time and is now listed online.

Paperwork for development permits were lodged with Rockhampton Regional Council this month for 267 lots on the western precinct of the estate off William Palfrey Road.

MAAS Group Holdings, a New South Wales based construction company with residential holdings in Dubbo, Orange, Tamworth, Bathurst, Griffith, and Mudgee, purchased the site from Stockland in July 2022.

A real estate listing photo of the Ellida Estate land at Parkhurst.

Stockland purchased the land in 2010 for $10.9 million and at the time unveiled plans for a $575 million residential estate.

Some stages have council approval.

MAAS plan for the estate to have 2,300 lots, a neighbourhood commercial precinct and recreational parklands.

The western precinct of Ellida Estate will be towards Edenbrook and off McLaughlin Street.

The latest plans are for the western precinct of the site, off McLaughlin St, towards Edenbrook estate.

There are six stages totaling 276 lots, with lots sized between 440 sqm and 950 sqm, subject to final survey.

Stage 1: 48 lots

Stage 2: 48 lots

Stage 3: 47 lots

Stage 4: 48 lots

Stage 5: 45 lots

Stage 6: 31 lots

The plans state stage one will need to be undertaken first to provide the entry from McLaughlin Street.

All lots will be connected to all urban infrastructure including access to a constructed road, sewer, water, electricity and telecommunications.

The paperwork notes a stream of Ramsay Creek runs through a lot on the northern boundary and the existing drainage patterns of the land will be maintained.

The property is not zoned in the flood hazard mapping on the council planning scheme.

Some of the land is steep in some places, with a slope of 15 to 25 per cent.

Steep slopes will be resolved as part of the earthworks and construction for the developments.

The new roads for these stages will connect to the existing road network and an extension of Edenbrook Drive and McLaughlin Street.

Maas have a construction company within the group with most of the development work to be done in-house.

The estate overall is expected to have a development pipeline of more than 14 years.

POPULATION BOOM

The Ellida Estate land holding is the single largest residential holding in the city.

As most of South Rockhampton is already built up and what is vacant is flood zoned, Gracemere and Parkhurst have been pinpointed as the largest areas of growth within the Rockhampton Regional Council.

It has been forecast by 2041, the population of the Rockhampton Region will increase by 17.22 per cent.

The population for the area in February 2023 was 83,687 and by 2041 is forecast to be 98,102.

Parkhurst as a suburb had a population of 3,350 in 2021 and is predicted to have a population of 8,512 by 2041, an average annual increase of 4.77 per cent.

There is a strong demand for housing supply to be able to keep up with the population trends.

Originally published as Maas Group lodge plans for $16.5M residential Ellida Estate, Parkhurst