Property Development

Families and first homebuyers show interest in new development

Written by The ReReport
As seen in the Source link, written by on 2019-02-03 11:17:13

A new 650-lot, $120 million residential community in the heart of the Greater Flagstone Priority Development Area. Photo: Supplied

A $3 million regional park will feature as the centrepiece of a new 650-lot, $120 million residential community in Brisbane’s southwest corridor.

In the heart of the Greater Flagstone Priority Development Area (PDA), Orchard Property Group’s 53ha Pebble Creek South Maclean project features 46 lots starting from $149,000, in stage one.

The development will provide homes for a range of buyers however the demographic expressing the most interest is young families and first home buyers.

Lots in the first stage range from 280sq m to 516sq m (average 350sq m) with frontages of 10 to 16 metres.

The 9.4ha park has a multi-purpose sports field, basketball court, outdoor ping pong table, adventure playground, a dog off-leash area and a learn to ride cycling precinct.

Winding along Flagstone Creek, the developer is set to undertake extensive remediation and revegetation along the creek to create a family-friendly destination.

Orchard Property Group Managing Director Brent Hailey. Photo: Supplied

Orchard Property Group managing director Brent Hailey said Pebble Creek would provide a fresh, new option for buyers in the fast-growing Flagstone region.

“The Greater Flagstone PDA has begun to build momentum over recent years, and we think it will be one of Queensland’s fastest growing areas over coming years as the nearby employment hubs really kick into gear,” he said.

Major civil works have started, including construction of a $4 million bridge over the creek that will link the project to Mountain Ridge Rd, South Maclean.