Land grab prompts developer to boost stocks

first_imgSet on 378 hectares and located in the heart of the Sunshine Coast, Harmony by AVID Property Group will deliver more than 4,800 homes for 12,000 future residents, 100 hectares of open space and a 15,250 GFA Town Centre.Unprecedented demand for land at a Sunshine Coast residential project has prompted the developer to launch its fourth release in less than 12 months.Harmony by AVID Property Group, which is located at Palmview, recently released a further 68 lots – the fourth release since the first lots were launched in February last year.AVID Property Group Queensland general manager Bruce Harper said residential property demand was surging in the region.“And as prices continue to rise, buyers are increasingly looking for affordable land options in desirable locations,” Mr Harper said.“This latest release sits within ourProsperity neighbourhood, with blocks starting from $220,600 and ranging from 250sq m to 450sq m.”More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoMr Harper said their $3 billion Harmony development had been 10 years in the making, and had achieved many milestones during its first year of construction. Its first residents moved in just before Christmas.“In June, we officially opened the gateway to Harmony – Peter Crosby Way – which will service 12,000 future Harmony residents and those in neighbouring communities,” he said.“In September, we opened our Sales and Information Centre and welcomed Harmony’s first cafe, KAI Coffee.“And our biggest achievement to date has been the development and launch of Harmony Display World in November last year.”Mr Harper said he did not expect the lots to remain on the market for long.“The Prosperity neighbourhood is ideally placed between a tree-lined creek and the grand linear park,” he said.“The park, which is set to open this year, is the first (of its kind) in Queensland and, once complete, will span more than five hectares and run the length of 10 football fields through the community. The innovative design means that all residents will be within walking distance of the park when the community is complete.”last_img