New masterplanned Ormeau town homes
FIFTEEN years after their successful 1000-lot masterplanned community, Norfolk Village, debuted in Ormeau, QM Properties has launched the final stage of the development.
Abode 152 is a $16 million townhome development and includes 42 two and threebedroom residences across a 1.5-hectare site.
QM Properties development manager Glenn Rix said the company had been working in the area since 1994 and was thrilled with the growth and infrastructure that enabled them to cater for the growing demand for affordable living options.
“This is our final stage of the masterplanned community and completes our original vision – Abode 152 provides an alternative style of living and is the last new residential project to be constructed at this time,” Mr Rix said.
“Abode 152 is an exclusive product and offers a modern but low-maintenance home with luxury features, access to a plush pool and barbecue retreat and is just minutes from schools, sporting fields and lifestyle amenities.”
Burling Brown Architects has designed town homes that are modern, sleek and spacious.
Priced from $319,000, each residence boasts a gourmet kitchen, generous living areas, a terrace and five different floorplans, with a mix of one and two car garages, offering buyers maximum flexibility.
“Despite all the doom and gloom surrounding the economy, demand for affordable and quality living has not dropped off – in fact, statistics prove it has grown significantly in recent months, with a spike in first home buyers and young families purchasing in the precinct,” Mr Rix said.
According to the Real Estate Institute of Queensland (REIQ), the median house price in Ormeau has soared by 42 per cent over the past five years.
Similarly, median rents have experienced healthy growth and currently sit at $340 per week for a three-bedroom house. Ormeau is tipped to experience strong population growth in coming years, representing a prime investment opportunity for buyers in search of sound capital growth potential.
The community’s proximity to shopping centres, taverns, child care services, tennis courts and natural parklands also makes it a convenient place to live.
Abode 152 is a stone’s throw from the Pacific Motorway and is equal distance from both Brisbane and the heart of the Gold Coast.