Stampede to Harris Crossing
MAIDMENT’S Harris Crossing development at Thuringowa is being fast-tracked after a surge in interest in the masterplanned community.
Four lots have been sold in Stage 5 of the development, which has not yet been released to the public.
One sale was a 1000sq m block, one of the estate’s largest, which sold for $329,000.
The increased demand is being attributed to a rise in confidence created by infrastructure projects underway in Townsville.
Maidment Development Group managing director Glen Maidment said they were now selling land not yet cleared off the plan to appease buyers keen to build in the estate.
“There has been a flurry of activity in the last month or two and some really good sales,” Mr Maidment said.
“We were forced to bring forward Stage 5 and we released it to a limited number of buyers that had registered their interest. From my point of view the infrastructure spending is starting to have an impact on our residential land market.
“The diversity Harris Crossing has is appealing to the market because we have land right down to 350sq m, so it offers really affordable land close to Kirwan.”
When complete, Harris Crossing will be home to 800 families and is bordered by the Bohle River and parkland.
The estate will have more than 70ha of parkland and green space including playgrounds, boardwalks, picnic areas, walking trails and riverbank access.
Mr Maidment said he hadn’t seen a large amount of land sold off the plan since 2010.
“We’ve had to do a bit of a refocus in our business to make sure we have approvals in place to meet demand,” he said.
“The infrastructure spending is having a flow-on effect and we can see that Harris Crossing is getting a really good share of the market.”
For more information on Harris Crossing call Donna Bosgra on 0458 932 850.
Copyright © 2018 The Townsville Bulletin. This article is from the March 23 issue of The Townsville Bulletin Real Estate Guide.