Sales accelerate expansion
SALES worth $11 million within January have prompted Halcyon to accelerate new releases in existing communities as the developer prepares for its most significant project to date.
The fourth and final stage of Hope Island’s Vision by Halcyon community has been released, with houses priced from $594,000 to $1.36 million, as well as the next release at Caboolture’s Halcyon Glades with homes from $355,000 to $520,000.
Plans are also under way for a new 500-home over 50s community after Halcyon acquired Mirvac’s Gainsborough Greens Golf Club at Pimpama, comprising an 18-hole course and 34ha land parcel – set to be Halcyon’s biggest community to date.
Halcyon’s sales have doubled in comparison to the same month last year and joint managing director Bevan Geissmann attributes the success to escalating demand for affordable, quality accommodation for over 50s.
“In the past couple of years, Halcyon has diversified its housing stock to include a range of options from entry level properties to million dollar-plus waterfront homes. That has helped us capture a broader section of the market and opened up the Halcyon brand to a diverse range of buyers,” he said.
He said out-of-town buyers continued to figure strongly in Halcyon’s sales. “The Gold Coast, Brisbane and Sunshine Coast are becoming increasingly popular for those entering retirement.”
FINAL VISION: Halcyon has released the fourth and final stage of Vision by Halcyon, Hope Island.