Buyers snap up land south of Townsville

first_imgOwen and Ashley (last names to come) with their newly purchased lot at Elliot Springs.BUYERS are continuing to snap up land at Elliot Springs as the satellite city officially opens today.The estate, which has been developed by Lendlease, will eventually be home to as many as 26,000 people.It’s predicted the masterplanned community will spark a wave of commercial development as the population of the estate grows.Today, for the first time, potential buyers can drive into Elliot Springs and stand on completed lots.Lendlease regional manager development manager for Elliot Springs Simon Walker said they were receiving strong interest from couples and families attracted to the affordability and larger lots on offer in the estate.“Buyers have told us they are excited about the vision for Elliot Springs as it promises to be much more than a place to live,” he said.“Builder interest has also been strong with 13 builders commencing construction on the first Display Village which will showcase a variety of homes available for purchase to suit individual needs and budgets.”The opening comes as Lendlease releases 15 new lots to meet buyer demand.The lots offer mountain views, flat elevation and affordable price points.The lots are for sale for between $110,000 and $166,000 and range in size form 313 sqm to 766 sqm.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020The July 2018 Herron Todd White report states that Elliot Springs will contribute to retail expansion in Townsville’s southern corridor.“The development is earmarked to include retail, education and light industry uses, with commercial lots currently available for potential service station and convenience centre developments.,” the report stated.Elliot Springs is 15km south of Townsville and will include 10,600 homes over 1609ha of land when complete.The satellite community is a 40-year development project expected to be completed by 2056 and 30 per cent of the land area will be dedicated to open spaces such as parks and a conservation area. A community facility is also planned for the community and due to open later this year including a cafe, meeting space, digital portal and events space.Owen and Ashleigh Davis have just purchased a 767 sqm block at Elliot Springs and they plan to build a four-bedroom, two bathroom family home with plans to move in before Christmas. “We wanted the views and the mountains and to feel a little bit removed from but still only be 10 minutes away,” he said.“We feel like this has got some really good plans for the future.“We’re planning on having a family and there is plans for schools as well as a park down the road.”For more information, visit

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