IN­TER­EST DRIVES PROJECT IN GROWTH RE­GION

The Courier-Mail - Home - - LAND -

DE­VEL­OP­ERS of the $100 mil­lion Som­er­set Park have launched stage two of the Mackay project fol­low­ing completion of civil works. Strong buyer in­ter­est drove $29.3 mil­lion worth of sales for Trin­ity Prop­erty Con­sul­tants since the com­mu­nity was re­leased about 12 months ago. Stage two in­cludes 21 house and land pack­ages and 24 du­plexes. Mar­ket­ing man­ager Adrian Par­sons an­tic­i­pated a quick up­take in a re­gion un­der­go­ing ma­jor growth. “We have recorded strong in­ter­est from prospec­tive buy­ers and in­vestors for stage two,” he said. “Mackay is one of the fastest­grow­ing economies in Queens­land and, as a re­sult, there is per­sis­tent de­mand for new hous­ing prod­uct. “Over the past decade the re­gional cen­tre has boomed, ex­pe­ri­enc­ing pop­u­la­tion and eco­nomic growth as a re­sult of its strong min­ing, agri­cul­tural and tourism in­dus­try. There is also a lim­ited sup­ply of new res­i­den­tial hous­ing in the area, which is po­si­tion­ing Som­er­set Park as a hotspot for fu­ture buy­ers.” The es­tate is 6km from the CBD and 10 min­utes to beaches.

IN DE­MAND: An artist’s im­pres­sion of Som­er­set Park, lo­cated in Mackay.

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