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Land Rush Drives Townhome Launch

ParkVue-townhomes-copy

Strong take-up of land at

ParkVue at Oxley has prompted the developer

Unison Projects to launch the initial stage of townhomes within the $70 million community.

Construction has already started on the 13 terrace-style townhomes with completion expected by March 2015.

The initial release of townhomes follows more than $37 million in home site sales within ParkVue at Oxley since the project’s launch in early 2013, leaving just four of the original 137 residential lots left for sale.

Marketing agent Colliers International Associate Director Clinton Trezise said the scarcity of good quality, flat land close to the Brisbane CBD had driven home site sales to mainly owner-occupier buyers.

“With a location just 12 km from Brisbane’s CBD, ParkVue is in a very well-serviced position and savvy buyers have seen this as a unique opportunity, which has resulted in the high take-up,” he said.

“Buyers in the main have come from within the immediate local area with most moving out from inner western and southern suburbs.

“They do not have to wait for public infrastructure to arrive; the road and rail networks are well established as are the schools, local clubs, cafes and shops.”

Mr Trezise said more than 90 per cent of buyers were owner occupiers. “This is a desirable mix for both occupying residents and investors,” he said.

“It is a higher proportion than we usually see with the wider Brisbane Region sitting around 70 per cent.”

The 13 architect designed terrace-style townhomes, known as Terraces on ParkVue, have a northern aspect and are located on the doorstep of the estate’s 3.75 hectare central parkland.

All have three bedrooms, 2.5 bathrooms, and double garages.

Townhomes are priced from $450,000 to $560,000, while remaining homes sites range in price from $280,000 to $340,000, sized from 375 square metres to 847 square metres.

ParkVue at Oxley’s creek lined central parkland is already established and benefits from walking paths, kick and play areas with goal posts, kids’ playground including flying fox and a communal BBQ area.

A total of 81 townhomes are planned for the community, which has risen on the site of the former Austral Bricks clay quarry.

Unison Projects purchased the 15.52 hectare parcel in 2011 for $13 million.

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Article originally posted at: https://theurbandeveloper.com/articles/land-rush-drives-townhome-launch