Property

First stages of $25 million housing development underway

DON'T expect tiny suburban blocks in one of Hervey Bay's latest developments.

Winprojects John Bone who is  project marketing The Springs on Madsen Rd said up to 450 lots would be developed over time with 20 lots selling off the plan now to be released early next year.

Prices range from $170,000 to $190,000 per block.

Stage one and two of the $25 million development in Nikenbah  will extend all the way to Chapel Rd and about half way to Main St.

New development on Madsen Rd - The Springs.
New development on Madsen Rd - The Springs. Alistair Brightman

While the first stages incorporate 150 residential  lots, demand will determine the growth of the staged  development.

And the country lifestyle is proving to be popular.

"We have five under contract already with another pending " Mr Bone said.

With the growing population in Hervey Bay, Mr Bone said there was a demand  for larger blocks of land.

"The majority of the subdivisions  in the current market place were not catering for the 800-1000 square metre blocks that are close to town and major services ," Mr Bone said.

"The idea is there is space for living where  people can have a caravan , shed or park their boat  in the back yard and  still have a bit of room to move," he said.

Earthworks are currently  underway at the site , constructing  including internal roads and supplying services of  power, water and sewerage.

New development on Madsen Rd - The Springs.
New development on Madsen Rd - The Springs. Alistair Brightman

 

There are plans to create a jogging track around the existing lake as well as a bbq area to enable families to take in the open space atmosphere .

OTHER PROJECTS UNDERWAY
• Ocean Blue in Pialba - 200 lot subdivision multi stage development
• Marina Shores at Urangan - 25 lots subdivision, only 5 remaining
• Harbour Shores - 10 lot subdivision, 4  already sold off the plan.
• Torquay Views - 12 lot subdivision with 9 remaing.

Topics:  development, for sale, fraser coast, housing, ninkenbah, property



Backpacker tax scrapped as changes bite on farmers

Rob Bauer of Bauer's Organic Farm. The farm has launched a paddock-to-plate online shop. Photo: LucyRC Photography

Region's farmers still unhappy with decision

Fernvale man wins $50,000 on a $4 scratchie

BIG WIN: A Fernvale man is living the dream after his scratch-it purchase paid off.

Winner in his 20s says he'll "spoil his daughter"

Get your special sports liftout in tomorrow's QT

It's a terrific record of achievement from so many dedicated players, teams and officials around Ipswich.

Grab your 16-page winners guide to Ipswich sport

Local Partners

Why Chris Hemsworth was spotted wearing nail polish

RED CARPET: Do you think Chris Hemsworth is the typical unpolished but well-natured Aussie bloke?

He's now officially the best bloke in Australia

Testament's new album is a concept album

ROME, ITALY- JULY 27, 2016: Testament photographed at The Roman Collisseium in Rome, Italy on July 27,2016. Gene Ambo

Testament to release new album

'Baby' recreates famous Nirvana cover shot 25 years later

The baby from Nevermind album has recreated the iconic cover shot.

PREVIEW: Luke Cage origin story is a strong addition to MCU

Mike Colter in a scene from the TV series Marvel's Luke Cage.

MIKE Colter stars as latest Marvel superhero to get his own series.

Kate goes down fighting in heated Survivor elimination

Australian Survivor contestant Kate Campbell.

YOGA teacher's 'good guys' alliance fails to get off the ground.

Emily Blunt's (almost) singing career

Emily Blunt nearly became the British Britney Spears.

$40million hotel, shops development project for Mackay

Mt Pleasant hotel and retirement accommodation, proposed at 194-202 Malcomson St.

$40m development to take Mackay to 'the next level'

Housing report points to a lift in local market

AFFORDABLE HOMES: First home buyers have the opportunity to purchase modern new homes in the Ipswich region for under $400,000.

Region shaping up as the "final frontier” for affordable housing

Five ways to slash household bills and save the environment

THINK GREEN: Considering the environment when building or buying your next home can save you big dollars. The Village Building Company, who is responsible for Woodlinks Village at Collingwood Park, builds homes with this front of mind.

THERE is nothing as sweet as slashing dollars from your bills.

Investors out-bid first-home buyers in booming market

Housing generic.

Ipswich's housing market is putting more cash into sellers’ pockets

Another Ripley development

THE ENTRANCE: An overview of the last planned development for the fast growing Ripley area.

85 more home lots released

Property 200m from ocean selling for just over $100K

BEACHCOMBER PARK: Work has started on a new $19.2 million development at Toogoom.

The estate's developer is offering huge discounts for early buyers.