Queensland developer QM Properties will next week commence construction of its Coomera Rivers residential estate on the Gold Coast.
“It has taken 12 years, and a plethora of development approvals at both a local and state level, but we’ve finally achieved all necessary requirements to commence construction,” said QM Properties Project Manager Scott Willis.
“Due to the length and the exacting requirements of the approval process, as well as the strict level of compliance required, Coomera Rivers is likely to be one of the last artificially-created canal developments constructed in Queensland,” he said.
Coomera Rivers is a boutique canal and riverfront development that will consist of 54 lots, ranging in size from 600 square metres up to 1143 square metres.
Ten lots will border 16,846 square metres of environmental foreshore parkland, and will have views of the Coomera River.
“The estate is premium freehold land, without Body Corporate – which sets it apart from neighbouring residential developments,” said QM Properties Marketing Manager Judi Granic.
“We have a wealth of experience in successful canal developments, having developed award winning communities such as Noosa Waters and Pacific Harbour on Bribie Island,” Ms Granic said.
As part of the development, QM Properties will rehabilitate the foreshore parkland that fronts the estate. Mangrove transplants and Salt Couch harvesting and propagation will be undertaken in accordance with the related approvals and under the direction of on-site environmental scientists.
The riverbank foreshore parkland is being rehabilitated and revegetated to enhance the existing mangroves on the shoreline, and will prevent erosion and support fish breeding in the local area. The remainder of the parkland will be revegetated with native Australian hedges and grasses.
Construction is due to commence in late April, and is expected to be completed by December 2015, subject to weather conditions throughout the construction process.
Also included in the development plans are upgrades to the roads that frame the estate, as well as the construction of a new roundabout into Coomera Waters.