The Chronicle

Your opportunit­y to capture the Essence of greater capital growth

- INFORMATIO­N SUPPLIED BY ANDREW LYNCH

IT’S a simple equation.

A new home’s capital growth potential is much greater when it’s built closer to a city centre (with all of its associated services).

In reverse, the further your new home is away, capital growth potential decreases.

Essence Estates in the Toowoomba suburb of Cotswold Hills, is just 10 minutes from the Toowoomba CBD.

This masterplan­ned community’s potential for growth is exponentia­lly higher than Toowoomba’s outlying satellite regions.

It’s a simple science. It’s fact. This makes Essence Estate a fortuitous moment for first home buyers to second home buyers and down sizers.

“Essence is an ideal opportunit­y for buyers to get into a brand-new home within the Toowoomba City region,” Andrew Lynch from Raine & Horne Toowoomba said.

“Essence is actually in Toowoomba! It’s not in the outlying areas, so you’re going to see a greater potential for capital growth being in the Toowoomba City limits and its closeness to shops and services”.

Further enhancing the destinatio­n location’s capital growth potential is the developmen­t happening right along the Western corridor of Toowoomba, and it’s not just about the Toowoomba Wellcamp Airport.

Industrial estates are springing up in preparatio­n for the researched findings of a jobs spurt.

This comes on top of businesses that have already emerged and continue to expand through diversific­ation.

Another major bonus of Essence is the developer’s committed focus on selling to owner-occupiers.

According to Richard Adams Homes BDM Helen King, this is a major tick for buyers.

“Owner occupiers can build in the estate and be assured that in 12months-time they won’t be surrounded by investment properties that would drasticall­y affect the valuation of an owners’ property”.

A Richard Adams Homes House and Land package (‘The Whitney House’) can get you into Essence from just $329,900.

With the Qld First Home Owners’ Grant, home loan repayments could be less than what you’re currently paying in rent. This price is also less than what you’d pay for an old threebedro­om home.

“Everything works in a brand-new home and Essence, with its covenantpr­otected homes sites, is not only affordable, but it’s quality,” Helen said.

Other local Toowoomba builders at Essence Estate include Gordon Bourke Constructi­on and Hotondo Homes Toowoomba.

Hotondo holds the prize for being the first to build a new home at Essence.

“The Essence Estate is uniquely located to provide a great home location with an easy commute to the Toowoomba west developmen­t hub,” Hontodo Homes Toowoomba new homes specialist manager Shay Scott said. “It (Essence Estate) offers a healthy country lifestyle for families without the commitment of looking after large acreage yards.”

Hotondo Homes has a Retreat Range of homes that suit the range of blocks available in the Estate.

Cotswold Hills reputation as a leading Toowoomba suburb was recently further enhanced with the opening of the Toowoomba Second Range Crossing; as the bypass is exceptiona­lly convenient for a quick escape to Brisbane, the Gold Coast or out west.

“Essence is about lifestyle and great things are ahead which includes the developmen­t of the Parkland in Stage 3,” Mr Lynch said.

You can live this quality lifestyle in the knowledge that you’re nestled in the protected Toowoomba suburb of Cotswold Hills with a greater potential for capital growth.

To learn more about the assets and affordable quality of Essence Estate, contact Andrew Lynch by phoning 0475 75 75 77 or you can email sales@essenceest­ate.com.au

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