ESTATE CLOSE TO SELL OUT
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.