Gamble paid off
Time to party in Fairfield Waters
A GAMBLE on developing land just outside the CBD i n Townsvi l l e turned out to be a pretty fair bet.
It has been 10 years since the signing of the contract in 1996 for a 234ha site, now known as Fairfield Waters.
Fairfield Waters director Grant McOmish said when the development hit the market it was earmarked as one of Australia’s most costly, but it proved to be a right move for the city.
Mr McOmish said after the site opened in 1999, a large portion of home sites continued to sell out before their release.
He s a i d F a i r f i e l d Waters was the largest development ever approved by the Townsville City Council.
‘‘Interest was very strong from the start,’’ he said.
of our presentation and facilities, combined with our proximity to the city centre makes for a winning combination.
‘‘The sheer size of the development has given us a unique opportunity to raise the bar for development s t a n d a r d s i n Townsville.’’
Today thousands of families call the precinct home.
More than 1400 of a total of 2200 residential allotments have been sold, but most of the area’s commercial development is not completed.
Mr McOmish said Red Rooster, a medical centre and a third childcare centre was planned for the estate, as well as more restaurants.
The major shopping centre on the Bruce Highway is currently under civil construction, with stage one due to open by December 2008.
OUR SUBURB . . . Anthony and Samantha Swinsburg, with Jack, 4, and Christina, 2, love Fairfield Waters