Palm Beach Heights Estate dubbed best small residential subdivision in Queensland
At a recent Urban Development Institute Australia (UDIA) awards ceremony, the newly developed Palm Beach Heights Estate on the Gold Coast was named the Best Small Residential Subdivision in Queensland.
The estate, which will house 150 families, is the closest new development of it’s type to the beach in 30 years.
Marketing agent, Shaun Darcy of Ray White Robina says that 80 per cent of buyers are locals.
“We’ve sold 83 blocks and have about five to go. We saw enormous interest from local residents and 80 per cent of sales have been taken up local families. They did not want to change their postcode they just wanted a new home in a new estate surrounded by like-minded residents.
“The buyers are also building as owner-occupiers, with 85 per cent of purchasers planning live in their new home,” Shaun explains.
Averaging five sales a month since the blocks hit the market just over a year ago, Shaun says the estate already has a community feel to it.
“We held a meet and greet barbeque in one of the parks on 7 December and it really brought people together and gave them the opportunity to meet with their new neighbours. We have also held a movie night which 20 odd people attended.
“Everyone we’ve sold to are great people,” Shaun said.
Developed by Beacon Builders, Palm Beach Heights offers families the ability to build a new home less than 2km from world-class beaches with access to well-developed infrastructure.
“Schools, shops and restaurants are all within easy reach. This is actually really unusual – it’s known as an infill subdivision – as most new residential subdivisions are short on key infrastructure as they are developed in the outer regions of the city
The Palm Beach Heights estate offers buyers three options of land: single blocks sell between $300,00 and $360,000. Duplex blocks range from $400,000 to $450,000 and Townhouse blocks go for $600,000.
“We have taken great pride in watching the development of this land over the last five years and always believed this would be a special place to live. Peter and Sharon Beaconsfield, from Beacon Builders are both passionate about providing livable and affordable spaces.
“It’s been a fantastic opportunity to sell the land on their behalf, and also to meet our purchasers. We’ve worked to identify the right lots for each of our buyers,” Shaun concludes.
The UDIA awards were held on 21 November 2014. Palm Beach Heights Estate, was named the winner of the Small Residential Subdivision category. Runners-up were Kinross Estate and The Edge, Warner Lakes.