The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
LESS THAN 30 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
4 WEEKS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterSun 12 Oct 14

Unison To Develop $33 Million North Brisbane Townhouse Precinct

A

UNISON Projects plans to redevelop Hawkins Garden Centre at Albany Creek, into a $33 million townhouse precinct to meet the demand for high quality medium density product in the area.

UNISON, in association with Super A-Mart founder John Van Lieshout, has purchased the 3.2 hectare land at 623 Albany Creek Road for $3.4 million.

Previous owners Turrisi Properties has gained approval to create a mixed-use retail precinct on the site, however decided not to proceed and cut ties with the property.

The purchase,  handled by Robert Dunne and Peter Tyson of Savills, was made on September 29.

UNISON Projects’ Shannon Down said the acquisition was in line with the company’s preference for unique, well-serviced infill sites in popular areas.

Mr Down said the development application will be seeking approval by Moreton Bay Region Council.

“Our proposal will take advantage of the site’s stunning natural attributes and offer rare and natural creek front living,” he said.

“We will retain the site’s fig trees and rehabilitate the extensive creek frontage for future residents’ enjoyment.

“With only some two of the 3.2 hectares being developed, there will be extensive private green space along the creek for residents’ use.”

Mr Down said UNISON planned to capitalise on the area’s popularity and high demand for quality townhouse product.

“We will be delivering product priced in the mid-$400,000s, suitable for new market entrants through to downsizers,” he said.

“Albany Creek and Bridgman Downs are well established, beautiful older suburbs of greater Brisbane and this leafy area is very well serviced by retail and medical facilities, public transport, schools and major road links."

Mr Down said he strong believes there's a market for this type of dwelling in the location and hopes to target younger buyers and people looking to downsize or who don't want to take on the burden and risk associated with renovating.

“Younger buyers are another target market. Entry-level stock in the area is priced in the low to mid $400,000s.

“However these are older homes with asbestos which generally require extensive renovation. We want to deliver a product that is new, well designed, requires low maintenance and is attractively priced.

The current activities include residential, industrial, commercial and resort projects from Sunshine Coast through to Byron Bay.

ResidentialAustraliaConstructionConstructionSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
View All >
Markets

Private Credit’s Biggest Risk in Expansion: Sameer Chopra

Taryn Paris
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
Sponsored

Regional Home Designs That Maximise Comfort and Space

Partner Content
Modern homes are no longer static—they’re shaped for how we live, work and grow today. Metricon explains…
LATEST
Markets

Private Credit’s Biggest Risk in Expansion: Sameer Chopra

Taryn Paris
2 Min
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
3 Min
Development

Regional Home Designs That Maximise Comfort and Space

Partner Content
3 Min
Wynnum Masterplan hero
Development

Masterplan Revealed for Brisbane Bayside Super-Site

Phil Bartsch
4 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/new-33-million-townhouse-precinct-for-brisbane-northside