ES­TATE CLOSE TO SELL OUT

The Courier-Mail - Home - - NEWS - SA­MAN­THA HEALY

The de­vel­oper be­hind a res­i­den­tial com­mu­nity at Dak­abin is pre­dict­ing it will sell out within a year of its launch.

More than half of the 109 lots avail­able at Villa World’s Sil­van Rise es­tate have sold since it hit the mar­ket in June last year, with com­plete four bed­room homes sell­ing from $461,500.

Villa World de­vel­op­ment man­ager Craig Mor­gan said buy­ers were drawn to Sil­van Rise’s en­vi­able lo­ca­tion within the More­ton Bay re­gion, one of the na­tion’s fastest grow­ing ar­eas.

“Buy­ers love that North Lakes is just a fiveminute drive away from their home,” Mr Mor­gan said. “They are also less than a kilo­me­tre from Dak­abin State School and Pine Rivers Cricket Club. Sil­van Rise puts its res­i­dents on the doorstep of re­tail, ed­u­ca­tion, sport­ing, leisure and health fa­cil­i­ties that bring tremen­dous con­ve­nience to daily life and sup­port an ac­tive and fam­ily friendly life­style.”

Dak­abin’s prox­im­ity to em­ploy­ment hubs and a num­ber of key in­fra­struc­ture up­grades was also ap­peal­ing to pur­chasers.

Mr Mor­gan pointed to the open­ing of the $1.2 bil­lion More­ton Bay Rail Link as a ma­jor draw­card for buy­ers, mak­ing the daily com­mute eas­ier. He said the Bruce High­way up­grade at Narangba would also make it eas­ier for res­i­dents to get to and from work.

“And in nearby Petrie, there is more than $150 mil­lion in de­vel­op­ment to come, in­clud­ing a new cam­pus of the Univer­sity of the Sunshine Coast, which is ex­pected to gen­er­ate 2500 jobs alone,” he said. “Dak­abin is sur­rounded by job-rich ar­eas such as North Lakes, Strath­pine and Ca­bool­ture, while the wider More­ton Bay Re­gion is fore­cast to ex­pe­ri­ence a whop­ping 54.4 per cent rise in em­ploy­ment over the next 25 years.

“Sil­van Rise is ideally placed now and well in to the fu­ture to de­liver res­i­dents easy ac­cess to th­ese lo­cal work hubs.”

Each home has stone bench­tops, stain­lesssteel ap­pli­ances, a Color­bond roof, dou­ble lockup garage and full land­scap­ing.

Villa World is fore­cast­ing the re­main­ing homes at its Sil­van Rise de­vel­op­ment will be snapped up in the next few months, de­liv­er­ing a sell­out within 12 months of the pro­ject’s ini­tial re­lease.

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