RES­I­DEN­TIAL PROJECT SET FOR TWEED

Tweed Daily News - - REAL ESTATE - ALIS­TER THOM­SON

A QUEENS­LAND de­vel­oper plans to start a res­i­den­tial sub­di­vi­sion in Bil­am­bil Heights by De­cem­ber af­ter pur­chas­ing a 5.3ha prop­erty across the bor­der for $2.6 mil­lion.

Christie Leet, who heads Sherpa In­vest­ments, pur­chased the 38 Mcal­lis­ters Rd prop­erty for his first foray into the north­ern NSW mar­ket.

Mr Leet, who owns Prd­na­tion­wide Whit­sun­day and has been be­hind a num­ber of de­vel­op­ments at Air­lie Beach, said mar­ket­ing for the 44-lot es­tate, in­clud­ing nine acreage lots, would start in the com­ing months.

He said he was at­tracted to the site due to its prime lo­ca­tion, which matched stun­ning views with ac­cess to in­fra­struc­ture and ameni­ties.

“The prop­erty is truly spec­tac­u­lar, boast­ing an el­e­vated northerly as­pect with pic­turesque views across Tweed and Coolan­gatta, which will give res­i­dents a real sense of peace and quiet,” Mr Leet said.

“Bil­am­bil Heights is so unique, of­fer­ing a green life­style and stun­ning views, all just a 10-minute drive from some of the Gold Coast’s most fa­mous beaches, and 15 min­utes from the in­ter­na­tional air­port.

“Pre­dic­tions of sub­stan­tial pop­u­la­tion growth fol­low­ing the up­grades to the Pa­cific High­way, and bil­lions of dol­lars in in­fra­struc­ture works be­ing spent in NSW mean this area is only go­ing to be­come more at­trac­tive to new res­i­dents.”

Mr Leet said the 35 res­i­den­tial lots would av­er­age 840sq m, with larger acreage lots also planned for the site.

“We ex­pect there will be strong in­ter­est from lo­cals look­ing to up­grade and build a new home to ac­com­mo­date their grow­ing fam­ily, as well as down­siz­ers want­ing to make the move from an older-style prop­erty in the area to a new home, with a su­perb view,” he said.

“We’ve gone to great lengths to en­sure we a have a lo­cal team to steer the de­vel­op­ment and en­sure it com­ple­ments sur­round­ing ar­eas.

“We have ap­pointed a lo­cal com­mu­nity li­ai­son of­fi­cer and have thor­oughly en­joyed work­ing … with Tweed Shire Coun­cil to bring this project to life.”

Con­trac­tors in­clude Boyds Bay En­vi­ron­men­tal Land­scape Ar­chi­tects, CD Ex­ca­va­tions and BP Sur­veys.

Christie Leet, who heads Sherpa In­vest­ments, has bought 38 Mcal­lis­ters Rd, Bil­am­bil Heights, for a res­i­den­tial project.

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