The first land release at Stockland’s Foreshore Coomera community has been snapped up by pre-registered buyers keen to live at the exciting new waterside development in the Gold Coast’s thriving northern growth corridor.
The first land release at Stockland’s Foreshore Coomera community has been snapped up by pre-registered buyers keen to live at the exciting new waterside development in the Gold Coast’s thriving northern growth corridor.
Stockland has sold all 25 home sites in the initial land release which enjoys a prime location close to Foreshore Coomera’s future central park.
In addition, builders have been quick to purchase all 25 homes sites in the community’s future display village.
David Laner, Stockland Regional Manager, said he was overwhelmed by the initial interest in the Coomera community which will have around 570 homes, with more than 2,000 people registering their interest prior to the first land release.
“We are delighted with the strength of early demand for home sites at Foreshore Coomera. It represents a great show of faith in our vision for this exciting new community,” Mr Laner said.
“Foreshore Coomera is proving very popular with first home buyers and young families who are drawn in by the fact that they can buy an affordable, yet innovative house and land package in a beautiful location in a high growth corridor.
“They also love how Foreshore Coomera will have easy access to ovals, parks, shops and sporting facilities in the area, as well as the Coomera Train station and the M1.”
Earthworks are also expected to start at the community next month, while the first stages of land are expected to register and settle in early 2018.
Foreshore Coomera is located off Foxwell Road and further expands Stockland’s presence in the rapidly growing northern growth corridor, with the new project located close to its award-winning masterplanned Ormeau Ridge community.
Featuring 51 hectares of dedicated conservation areas, the community is bordered by the Coomera River and Oakey Creek and includes 2 kilometres of river frontage.
Meanwhile, Foreshore Coomera will create much-needed new homes for the region, especially considering predictions that there will be a shortage of developable land on the Gold Coast in the next decade.
Latest figures reveal that in 2016, there was just 1,900 hectares of land (or approximately 20,000 dwellings) currently zoned to be developed in the Gold Coast LGA.
Foreshore Coomera will also generate new employment opportunities once earthworks begin and homes start to be built. The project is expected to generate a total of 355 jobs during the development phase and 85 operational jobs on completion.
Foreshore Coomera will be close to employment options, public and private schools, childcare facilities and tertiary education, health and retail services, Gold Coast theme parks and four renowned golf courses. A bus stop is already in place 300 metres from the entry to the development.
The community will promote a healthy and active lifestyle with two proposed parks, playgrounds, and kilometres of walking and cycling trails set alongside nature.
Residents will also be able to watch the birdlife in the surrounding wetlands, access the local waterways and enjoy views to Surfers Paradise from the community’s highest park.
The community will provide a variety of new home options ranging from traditional family homes on large, flat blocks to modern townhome living, all located in a tranquil, picturesque location surrounded by nature.
We are delighted with the strength of early demand for home sites at Foreshore Coomera. It represents a great show of faith in our vision for this exciting new community. - David Laner, Stockland Regional Manager