VILLA WORLD MAKES A START ON LOGAN PROJECT

Written on the 21 April 2015

VILLA WORLD MAKES A START ON LOGAN PROJECT

HOUSING developer Villa World (ASX:VLW) has broken ground on its latest project at Logan City with plans to roll out the development over the next 18 months.

The Sanctuary at Woodlands, located in the final stage of Lend Lease's Woodlands master-planned community, will comprise 81 homes to be built on a fully approved site acquired by Villa World in December.

Villa World national sales manager Robyn Valmadre says The Sanctuary is the latest addition to the company's growing pipeline of projects for the company in south-east Queensland.

She says The Sanctuary is consistent with Villa World's expanding workbook of projects.

"The demographics of the Waterford area and the Woodlands community suits the Villa World buyer profile first, second, and third home buyers. We will be able to deliver affordable, quality product priced at around $400,000."

Logan City Council Division 4 Councillor Don Petersen, whose area takes in Waterford, says realisation of The Sanctuary would provide much-needed housing for the burgeoning Logan area.

"Woodlands estate is already a growing family-oriented area and this final phase of its development will create new housing opportunities for families and people looking to move here," he says.

Civil works is poised to start at The Sanctuary with house construction expected to begin in May and settlements anticipated from October onwards.

Delivery of The Sanctuary will complete the Woodlands community, which is already home to more than 3500 people.

Woodlands is close to a number of public and private schools, tertiary institutions and shopping centres including Waterford Plaza and Beenleigh Marketplace.

Established in 1986, the Gold Coast-based Villa World is Queensland's oldest ASX-listed developer and one of Australia's largest housing providers.


Latest News

BUNNINGS BOSS JOHN GILLAM QUITS WESFARMERS

THE man behind Bunnings' home improvement domination has resigned from his role in charge of the retailer.

...

NOVOTEL SALE REFLECTS HOT BUYERS' MARKET

AFTER two decades in the hands of a private syndicate, The Novotel Melbourne Glen Waverley has been sold to the Sy...

SUPERLOOP ONE STEP CLOSER TO BIGAIR ACQUISITION

BIGAIR (ASX:BGL) shareholders have given Superloop (ASX:SLC) the green light to acquire the telecommunications com...

RINEHART-BACKED OIL AND GAS EXPLORER SUES VICTORIA FOR $2.7 BILLION

AN oil and gas explorer backed by Gina Rinehart (pictured) is suing the Victorian state government for more than $...

Related News

HOW MCDONALD'S AUSTRALIA REDISCOVERED ITS INNOVATIVE SPIRIT

MCDONALD'S is such a ubiquitous part of the Australian landscape today that it is easy to forget how it change...

JB HI-FI IS THE GOOD GUY IN $870 MILLION ACQUISITION

ELECTRONICS giant JB Hi-Fi has formally completed its $870 million acquisition of home appliance chain The Good Gu...

ACCC ACTS AGAINST MERITON'S RIGGED REVIEWS

MERITON Property Services is under fire from Australia's main consumer watchdog, after it allegedly engaged in mi...

ACCC FIRES WARNING SHOT TO IVF PROVIDERS

IVF clinics have been put on notice by consumer watchdog, the Australian Competition and Consumer Commission (ACCC...

Contact us

Email News Update Sign Up Contact Details

Subscribe to our mailing list

* indicates required
Email Format

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter