ORCHARD Property Group will soon launch the fourth and final stage of its development, The Rise @ Thornlands.
The latest stage of the $10 million development will comprise 34 residential lots ranging in size from 375 to 822 sq metres.
Orchard Property Group managing director Brent Hailey said the first three stages of the development had sold well.
Of the development’s total 156 lots, 122 had been sold, equating to about $36 million in sales.
“Aside from the appeal of purchasing land in a quality area, much of our sales success can be attributed to our park, which has been developed in conjunction with Redland City Council and provides a focal point for the estate,” Mr Hailey said.
Built during stage one as a commitment to attracting owner-occupier families, it has a children’s play area which is aimed at keeping neighborhood kids entertained for hours.
“Our sales results have been quite strong on the back of the fact we have the park sitting right on our front door,” Mr Hailey said.
“Coupled with the health care, schools and shopping facilities located only minutes away, we’ve created a residential subdivision that ticks a lot of boxes for families, first home buyers and anyone looking for their very own piece of land in Thornlands.”
He said 20 per cent of buyers so far had been first home buyers.
Every lot in the latest stage had been benched and leveled, which cut the time and costs of the building process.
The Orchard group has also drawn up design and siting guidelines for the development. These outline requirements for setbacks and articulation of facades in order to deliver a variation of streetscape.
“The guidelines are designed to make sure we get housing typology that ensures people’s housing investment is underpinned by quality housing within the estate,” Mr Hailey said.
Stage four at Kinross Road, Thornlands, will open on January 22, with the starting price for lots at $290,000.
For more information, visit www.therisethornlands.com.au.
