SLEEPY BEAUDESERT POISED FOR A BIG WAKE UP

SLEEPY BEAUDESERT POISED FOR A BIG WAKE UP

THE sleepy south-east Queensland township of Beaudesert is about to get a lot busier as the first homesites in the $1 billion Oakland Estate hit the market.

The new masterplanned community is expected to double the size of the Beaudesert township and deliver a raft of new infrastructure and amenities to the semi-rural region.

Oakland Estate, which spans 300ha and will comprise 2000 homesites, has just released 58 first-stage lots to the market priced from $185,000 with $15,000 incentive packages to prospective buyers to get the ball rolling.

Developer James Robinson, of Robinson Projects, says the incentive is available to purchasers in the first stage only.

"Scenic Rim Shire Council offered an infrastructure charge rebate in return for an early start on the Oakland Estate shopping centre, which is expected to commence construction in mid-2016," he says.

"As a result, I'm able to offer the first stage of homesites at about 20 per cent below the expected list prices for stage two.

"A lot of the enquiry I have received to date has been from locals looking to upgrade to a new home, and Gold Coast and Brisbane residents looking to get in on the ground floor of a new community that blends a semi-rural lifestyle with urban connectivity."

Robinson says Beaudesert is on the cusp of 'unprecedented growth', driven by up to 18,000 jobs set to be delivered in the Bromelton State Development Area located 6km from the township.

"Rail company SCT Logistics has recently been announced as the anchor tenant for the Bromelton industrial precinct, following its commitment to establish  a $30 million intermodal freight precinct adjacent to the Sydney-Brisbane Rail Line, which will create 125 new jobs in the first stage alone.

"The region has also caught the eye of other major developers like Aquis, which has acquired Patinack Farm in nearby Canungra, with plans to develop a major resort and equestrian precinct.

"Oakland Estate will play a key part in this next chapter of growth, with the development set to double the size of the township, which is expected to grow from 14,000 people to about 47,000 people by 2036."

Mr Robinson said Oakland Estate would cater to a broad demographic, with a variety of property available to suit buyers at every stage of life.

The master plan includes an independent living retirement village for over 50s.

"The majority of property in Oakland Estate will be family-sized homesites, which are much larger than the average existing properties in Beaudesert," says Robinson.

"The whole community will be developed in-line with Beaudesert's green and leafy environment, so there will be a seven hectare park in stage one along with several other pocket parks in future stages."

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

Arena REIT to raise $140m amid plans to acquire or develop 10 childcare centres

Arena REIT to raise $140m amid plans to acquire or develop 10 childcare centres

Real estate investment trust Arena (ASX: ARF) has announced plans t...

DG Institute to pay out almost $20m for misleading students, Grubisa banned from managing companies

DG Institute to pay out almost $20m for misleading students, Grubisa banned from managing companies

A Sydney real estate and wealth education provider has been ordered...

Lifestyle Communities withdraws guidance after media coverage, digs in heels on exit fee model

Lifestyle Communities withdraws guidance after media coverage, digs in heels on exit fee model

Lifestyle Communities (ASX: LIC), a $1.1 billion land lease co...

Salvo Property acquires $73m site in western Melbourne to build master-planned community

Salvo Property acquires $73m site in western Melbourne to build master-planned community

Melbourne property developer Salvo has finalised a $73 million tran...