BAYSIDE SITES TO LAUNCH
A new community worth $44 million will soon be launched at Rothwell, a suburb within the Moreton Bay region real estate powerhouse.
Just 35km from the Brisbane CBD, Rothwell has seen a 21.4 per cent growth in median house sales prices in the past five years, according to CoreLogic.
Existing homes are selling for an average of $425,000, and with the opening of the Redcliffe train line in 2016 the suburb is set to become more popular with buyers wanting easy access to the city and Moreton Bay.
Capitalising on the expected growth, Stockland will release its first residential homesites at its family-friendly Promenade Rothwell community. Promenade will feature 191 homes close to walking and cycle paths, parks, schools, public transport and shops.
Stockland’s acting Queensland general manager for residential communities David Laner said the community would be in an “enviable location” for buyers seeking bayside living and an easy commute to the city.
“Our nearby communities at Newport and North Lakes have been incredibly popular, and we look forward to providing an affordable entry-level market opportunity,” he said.
“Seven parks, two private schools and a childcare centre will be within a 1.5km radius of future homes, and a shopping centre will be a few minutes away by car.” Rothwell Train Station is about 2km away. Prospective buyers can now register their interest, with the first land release expected in June.
PROMENADE Developer: Stockland Location: Morris Road, Rothwell
Promenade will feature 191 homes close to walking and cycle paths, parks, schools, public transport and shops. The first land release is expected in June.
Promenade in Rothwell is a new familyfriendly community by Stockland.