Lure of Nagam­bie is tempt­ing

Herald Sun - Property - - REAL ESTATE -

NINETY per cent of the pre­mium waterfront res­i­den­tial land at the El­loura res­i­den­tial project sold in record time last year.

De­vel­oper Lock­land Group’s man­ag­ing di­rec­tor Ron Loc­cisano said the first res­i­dents are al­ready be­ing wel­comed to the com­mu­nity.

‘‘With the last re­main­ing ab­so­lute waterfront lots priced from $475,000 and water-front precinct land start­ing from an af­ford­able $190,000, we’re find­ing that many of our pur­chasers are aban­don­ing the ur­ban fringe for a bet­ter life­style among Lake Nagam­bie, which is just half an hour fur­ther up the road than the cur­rent ur­ban growth boundary in Mel­bourne’s north,’’ Mr Loc­cisano said. ‘‘Mel­bour­ni­ans are now turn­ing to Nagam­bie as an af­ford­able and ac­ces­si­ble place to live as it pro­vides for a whole host of work, ed­u­ca­tion and life­style op­por­tu­ni­ties.’’ For more in­for­ma­tion on the El­loura devel­op­ment go to el­

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