LARGE LOTS IN DEMAND
The first residents are settling in at The Crossing, enjoying plenty of room to move on the banks of the Brisbane River.
The Karalee acreage community has sold 60 lots since its release 12 months ago, with stage five just released, offering 24 lots averaging 2120sq m, and from $255,000.
Developed by Karalee Land Partners, the 72ha site features 153 residential lots over nine stages, with a total end value of $45.6 million.
The first resident to move in and enjoy the serenity was Janet Freeman, who bought a 2010sq m lot in the first release.
“Location was one of the main reasons why I purchased here, so I can be close to my family. They already know what a beautiful place Karalee is to live,” Ms Freeman said.
“The Crossing offers acreage land, which really appealed to me as it is very hard to find blocks of this size so close to amenities ... and with very easy access to the highway.
“I can have all of my family here comfortably and the grandkids can play and kick a ball in the large backyard.”
Colliers International associate director of residential Daniel Hirst, who was marketing the estate, said The Crossing was the only fully-serviced acreage land community in the region, and was attracting families who enjoyed open space and a close-knit community feel.
Mr Hirst said most buyers were locals who wanted to build on larger blocks that were serviced and NBN ready.
“There are not many opportunities in the area that offer serviced acreage blocks for sale,” he said. “We invite people to visit to see what The Crossing has to offer and how close it is to Brisbane. As an example, The Crossing is less than 1km from Karalee Shopping Centre and the same driving distance to Brisbane CBD as North Lakes is on the north. However, at The Crossing you are getting half an acre for the same price as 400sq m at North Lakes.”
Karalee is 15 minutes from the Ipswich CBD and about 30km south west of Brisbane.
The first resident to move in at The Crossing in Karalee was Janet Freeman, who purchased a 2010sq m lot in the first release.