LOCAL BUYERS SNAP UP LATEST STAGE OF THE ROCHEDALE ESTATES

Written on the 9 May 2016

LOCAL BUYERS SNAP UP LATEST STAGE OF THE ROCHEDALE ESTATES

BUYERS have snapped up more than half of the fifth stage at Aveo's (ASX:AOG) $380 million masterplanned community in Brisbane's south.

The Sydney-based property group has sold 68 lots out of 120 in The Grange at The Rochedale Estates, bringing total sales to more than 600 since the development launched in 2011.

The Rochedale Estates senior development manager Troy Thompson says the central location combined with residential resort-style living was driving sales.

He says a number of buyers have been opting to upgrade to a new home, while taking advantage of nearby shopping precincts, educational facilities and public transport.

"People are buying into an established, leafy community with lifestyle facilities in place and that has had a positive effect on sales momentum," Thompson says.

"Most local buyers have come from within 15 kilometres of the estate, particularly from suburbs like Eight Mile Plains, Sunnybank and Carindale.

"Being just 15 kilometres from Brisbane means residents have ready access to the CBD and its conveniences while being in an affordable and family-oriented community."

The Rochedale Estates features a $5.5 million lifestyle centre with two swimming pools, two tennis courts, a fully equipped gymnasium, café, barbeque facilities, function room, business centre, residents' lounge and theatre.

Surrounded by 35 hectares of native bushland reserve, the project features a range of walking and cycling paths as well as tailored community parklands with picnic areas and playgrounds.

Work is expected to commence this year on a shopping village as well as the Town Centre, which will be located around 800 metres from the estate.

Lots in The Grange at The Rochedale Estates range from 323sqm to 865sqm, with prices starting from $400,000.

 


Latest News

MANTRA'S SHARE PRICE SURGE INDICATES 'SUITORS ARE CIRCLING' THE HOTEL GROUP

THE rumour mill surrounding a high-level takeover of Mantra Group (ASX: MTR) is in full production with its shares su...

MELBOURNE CBD GEMS SELL FOR $17 MILLION, MARKING A NEW PROPERTY HOTSPOT

LITTLE Lonsdale Street in the heart of Melbourne's CBD has become a favourite for investors in 2017, following th...

WHAT THE COLLAPSE OF ADWORDS MEANS FOR THE FUTURE OF ONLINE MARKETING

IT'S the story that has rocked the world of advertising. The once reliable, seamless, and lucrative Google (NASDA...

BRISBANE VFX PRODUCTION COMPANY CLEANS UP AT MAJOR INTERNATIONAL ADVERTISING AWARDS

AUSTRALIAN production company Alt.vfx has broken records in global advertising, becoming the first business to win...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter