The remaining units in stage one of the sustainable residential community development Altitude2480 at Goonellabah on the New South Wales far north coast are being offered for sale through Ray White.
The Altitude2480 eco-village at Casuarina Drive, Goonellabah, was designed by multi-award winning Harley Graham Architects and is being marketed by James Shugg of Ray White Kingscliff/Casuarina.
Mr Shugg said just 29 lots remained in stage one, which has been forecast for completion in early 2016.
“Altitude2480 includes 218 contemporary one and two bedroom apartments spread across a magnificent undulating and elevated 32 acre property, all of which enjoy beautiful valley and existing natural native and garden views,” Mr Shugg said.
“The remarkable hillside location offers a wealth of open space and vibrant landscaped gardens, creating a green setting designed to promote a happy, healthy and environmentally friendly living for its residents.
“This ecological design incorporates a koala corridor at the bottom of the site with advanced natives – including a large variety of nut and citrus trees – to assist in the preservation of the local environment.
“There are two one bedroom plus study units from $235,000 while the remaining two bedroom apartments start at $265,000.”
Mr Shugg said the development offered huge benefits – both living and financial – for owner occupiers and investors alike.
“This is an outstanding example of residential community living with quality common facilities including a lap pool, deluxe BBQ areas, children’s playground and magnificent shared vegetable gardens,” he said.
“First-time buyers can access the $15,000 NSW first home owners grant while the $5,000 NSW new home grant scheme is applicable for all purchases.
“Estimated rental returns range between $280 and $335 per week based on independent local agency appraisals and investors can also claim an estimated $6,500 to $8,000 on depreciation per annum.
“Additionally there is financing available to assist with the purchase as well as contemporary designer furniture packages to provide the finishing touch on the décor.”
Mr Shugg said Goonellabah was fast-becoming a desirable place to live due to its prime location and the natural beauty of its surrounds.
“Goonellabah is a vibrant, flourishing city fringe location just 5km from the Lismore CBD with convenient access to a multitude of specialty stores, cafes and delis, and boutique shops,” he said.
“There is a Coles and Woolworths nearby, a Greater Cinemas for a night at the movies, and transport, banks, schools and healthcare all in abundance.
“The Lismore hospital is currently undergoing an $80 million federally-funded upgrade, Southern Cross University is home to more than 11,000 students and the Goonellabah Aquatic Centre is on your doorstep.
“Without a doubt this area is experiencing unprecedented growth and, for both owner occupiers and investors, Altitude2480 offers an exciting opportunity to secure a share of it.”
Altitude2480 is located just off Ballina Road and in close proximity to the new Pacific Highway for easy access to Byron Bay, Ballina, the Gold Coast and surrounding areas.