Park Ridge

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Brisbane-based developer Golden Gate Property has achieved a $6 million sell-out of their latest release at the masterplanned community project, Carver’s Reach.

Located in Logan’s Park Ridge area, the 26 land lots offered in the release sold out in just 12 days, with quality land in the Logan growth corridor increasingly hard to come by.

Golden Gate’s director of development, David Whiteman, noted that the majority of buyers were first home buyers, with demand far exceeding supply.

“The surge in demand experienced since the launch of the HomeBuilder scheme last year has continued to escalate to new heights, but the reality is that many projects in the area simply don’t have any stock to sell,” he said.

The $135 million development is set to offer 600 lots altogether, with first residents moving into the completed first stage.

Local amenities ideal for families include major playgrounds and parklands, a kids pedal park, a gym, walking trails and an off-leash dog park.

“From the very beginning, we had a vision for Carver’s Reach,” Whiteman said. “We wanted to build a place where families could enjoy everything that Queensland has to offer with plenty of high-quality parks, playgrounds and open space.” 
 

<h2>Other new developments in the City of Logan</h2>

With many Queensland buyers optimistic that prices will rise over the next few years, now may be the ideal time to purchase an off-the-plan property.

Logan, one of Queensland’s fastest-growing regions, occupies the strategic location between the Brisbane CBD and the Gold Coast.

According to the Logan Office of Economic Development, the region is predicted to grow more than any other council region in south-east Queensland over the next 20 years.

Here are three new developments that you can secure in the City of Logan:

1. Aquila Lodge, Eagleby 
Address: 10 Bishop Street, Eagleby QLD 4207 
One-bedroom townhomes from $230,000

[smartcode_project:default project_id=29172]

Boasting a collection of 18 townhouses, Aquila Lodge provides spacious open-plan homes at an affordable price, nearby train stations, the Pacific Motorway and the Logan Motorway.

Each residence includes a single-car lock-up garage, stone benchtops and stainless-steel kitchen appliances. 
 

2. Clearwater Junction, Bethania 
Address: Clearwater Street, Bethania QLD 4205 
Three-bedroom townhomes from $335,000

[smartcode_project:default project_id=29171]

The affordable Clearwater Junction development offers a boutique collection of 61 three-bedroom townhouses, developed with family comfort in mind.

Nearby Logan’s entertainment precinct, the development offers timeless design, open-plan living and modern kitchens. 
 

3. Acacia Waters Estate, Eagleby 
Address: Fryar Road, Eagleby QLD 4207 
Two-bedroom apartments from $305,000

[smartcode_project:default project_id=29159]

Adjacent to Beenleigh, the largest commercial community between Brisbane and the Gold Coast, Acacia Waters comprises one, two and three-bedroom apartments across nine buildings.

The project features an abundance of outdoor amenities, including a swimming pool, barbeque pergolas and open lawns.
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Located in Logan’s Park Ridge area, the 26 land lots offered in the release sold out in just 12 days, with quality land in the Logan growth corridor increasingly hard to come by

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Logan masterplanned community reaches $6 million stage sell-out in 12 days

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Gold Coast home builder Choice Homes are marketing the remaining 12 lots of house and land packages in Wildwoods Grove, the Park Ridge estate in the booming South East Queensland land market.
The boutique subdivision of 47 large sized lots, off Chamber Flat Road, is part of the master planned 2,450 hectare Park Ridge community.
It will have schools, shops, health services and parks.
Wildwoods Grove, well placed near the planned Woolworths Shopping Centre, has 12 lots on offer, all over 400 sqm.
They are being targeted at young families, with yards big enough the kids can play in.
There are seven different types of home builds that Choice Homes are offering.
Brookfield, Brookfield SK, Brunswick, Florida, Ibiza, and The Opal all comprise four bedrooms, while Mapleton (pictured top) has five bedrooms.
Each home will have a double garage and a premium stone entry statement.
Wildwoods Grove is accessed off Chambers Flat Road has recently been upgraded to four lanes allowing quick access to the surrounding towns.
To find out more about Wildwoods Grove, <a href="https://www.choicehomes.com.au/estate/Wildwoods-grove" target="_blank">click here</a>.
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Choice Homes house and land packages at Wildwoods Grove

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A Park Ridge retail centre on the Mt Lindesay Highway has sold to a local investor for $4.17 million.
Situated at 3722 Mt Lindesay Highway, the centre comprises a modern single level building fully leased to 7 food-based specialty tenants including Domino’s Pizza, Subway and Noodle Box.
The sale was negotiated by Jon Tyson and Michael Harcourt of Savills Retail Investments.
The property sold off-market via a discreet private placement campaign.
Mr Harcourt said, “we received strong interest from select investors due to the property’s solid tenant line-up and excellent location just off the Mount Lindesay Highway.” 
“The Centre enjoys exposure to over 40,000 passing vehicles daily and adjoins a McDonalds drive through restaurant and the Woolworths and Coles anchored Park Ridge Village Shopping Centre,” he added.
Savills Director of Retail Investments in Queensland, Jon Tyson said demand for quality retail investments remains strong amongst a range of investor groups.
“Yields have remained firm due to solid investor demand coupled with limited supply stemming from the tightly held nature of these assets,” he said.
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