A townhouse development on a former convent site is in the pipeline for Brisbane’s inner northern suburb of Wooloowin.
Residential and commercial developer Cedar Woods is behind the residential project, known as “Bexley”, comprising 84 terrace homes, seven heritage residences and 188 apartments on the 3.8-hectare site.
The Rothelowman designed development sits eight kilometres from Brisbane’s CBD.
Rothelowman’s Simon Maurice said the terrace homes were designed with Queensland’s climate and lifestyle at the fore.
“We need to embrace more of these types of projects in Brisbane. A combination of both terrace homes and apartments is essential in achieving the quality, housing options sought after in Brisbane’s suburbs,” Maurice said.
The ASX-listed developer, which recouped a net profit of $42.6 million for the 2018 fiscal year, announced it was expanding its mix of product with projects across Adelaide, Melbourne and Brisbane.
Cedar Woods purchased the Wooloowin property from the Sisters of Mercy for more than $27 million in 2015.
A proposal was lodged earlier this year to commence demolition works at the site.
Cedar Woods’ Peter Starr described the location as an opportunity to create an integrated housing community of scale in an established suburb.
“Heritage buildings on the site will also add character to the development and the opportunity to provide a 4,000sq metre park compliments the convenience of townhouse and apartment living,” Starr told The Urban Developer.
The two heritage-listed buildings are the Holy Cross Convent and the Holy Cross Laundry built in 1888.
“The suburb of Wooloowin is full of beautiful traditional Queenslander homes, many on large blocks, but currently lacks a diversity of housing choice.”
The development will be built in five stages over five years with Hutchinson Builders appointed for the first stage of the premium terrace homes.
Cedar Woods Properties, established in 1987, currently has a portfolio of 30 projects, or a pipeline of 9,500 dwellings, lots and commercial units across QLD, SA, WA and Victoria.
Civil construction is expected to begin early next year, while terrace home construction will commence mid-2019.