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2015 IPSWICH PROPERTY INVESTMENT : GROWTH CENTRES GIVEN A GREEN LIGHT FOR FURTHER DEVELOPMENT posted on the 22nd June 2015
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http://www.qt.com.au/
18 March 2015
More than 560 residential lots have been approved by Ipswich City Council in March in the growth areas of Collingwood Park, Leichhardt and Ripley.
The rapid growth for Collingwood Park is set to continue with another 301 residential lots approved on land west of Collingwood Drive.
Planning and Development Committee chairman Paul Tully said council had approved a significant number of residential lots within Collingwood Park recently, including this new approval on Cairns St.
“This new estate will feature residential lots ranging from 316sq m to 5573sq m,” Cr Tully said.
“Stages five and six will feature more than 11ha of linear parkland beside Six Mile Creek, which will incorporate a footpath, recreation park and will conserve an area of endangered vegetation.”
Division 3 Councillor Victor Attwood said the new development was located close to a number of other residential estates, including Six Mile Creek, Collingwood Park and Woodlinks residential estates.
Meanwhile the new developers of Leichhardt’s Golf Links Estate received approval for 155 additional residential lots.
The lots range from 315sq m to 576sq m and a new park has also been approved for the estate.
Marquee Projects CEO Mark Spedding said stages 2, 3 and 4 of the development had been redesigned with stage 2 being released at the end of March.
“We have had extremely strong demand since stage 1 of the development launched back in October and as such there are only three house and land packages available,” Mr Spedding said.”We have taken a fully integrated approach to the development and have researched the market to understand what buyers are looking for, namely, affordable quality house and land package prices that have a genuine value for money proposition and working with Urbane Homes allows us to provide this to buyers as their build prices are amongst the most competitive in southeast Queensland.”
As reported in the QT on Monday a further 109 residential lots were approved for Ecco Ripley Estate, which has seen a high number of sales in early stages.
Cr Tully said development in the Ripley Valley growth corridor was thriving, and the approval of these new residential lots was critical in order to keep up with demand.
Written by Sonia Woolley