TOWNHOUSES SNAPPED UP
AS LENNIUM GROUP completes one northside project and launches another nearby, the support of the owner occupier market has pushed sales.
At Ashby Meadows in Albany Creek, due for completion and settlement in April, development manager Noel Shipp said an even mix of owner occupiers and investors had bought into the project.
“We have experienced unprecedented support from locals wanting to purchase in the area who are drawn to the modern finishes of the townhouses, with almost half of them having direct park frontage and access,” Mr Shipp said.
Bridgeman Downs resident Mary Moran is one of those local buyers, who downsized into Ashby Meadows, attracted by the parkland view from her three-bedroom townhouse.
“I’d been looking for a place for a few months and I liked that it had only 38 houses – other places just looked like concrete jungles,” she said.
“I could really see myself living there and it really appealed.
“The smaller home was also easier to manage and everything was brand new.”
Whereas at Lennium Group’s newly launched Grovely Terraces, Keperra, Mr Shipp said strong demand has come through the project’s proximity to the recently expanded Enoggera army barracks.
“Most of Enoggera is full of army personnel and Mitchelton is getting very dense now.
“The raft of shops in the locality is also why Grovely Terraces is appealing to a broad demographic,” he said.
“We’re an infill site so people won’t have this opportunity again.”
The $27 million Grovely Terraces will have 14 threebedroom townhouses and 47 two-bedroom and twobedroom plus study apartments, priced from $399,500. Twelve residences sold one week after the launch in late February.
The first stage is expected to be completed by December with a second stage due for completion by February 2017.
Only three townhouses remain of the 38 threebedroom townhouses at Ashby Meadows, priced from $450,000.
LOW MAINTENANCE: Mary Moran moved from Bridgeman Downs to downsize into a three-bedroom townhouse at Ashby Meadows, Albany Creek, attracted by the parkland views.