Newspaper article The Queensland Times (Ipswich, Australia)

New Housing Estate Bid Shapes Up for Fernvale

Newspaper article The Queensland Times (Ipswich, Australia)

New Housing Estate Bid Shapes Up for Fernvale

Article excerpt

Byline: MELANIE MAESEELE melanie.maeseele@qt.com.au

ANOTHER housing estate in Fernvale could be developed in the not too distant future if an 18-hectare site near the town's centre is sold.

More than seven genuine developers have expressed interest in the land which is situated about a minute's drive from the new Fernvale Village and Woolworths shopping complex and next to Honeywood Estate.

Ray White Lowood sales consultant Brett Barry said the owners of the land approached council about the possibility of another housing estate.

"Council said 2000sq m blocks with sewerage or one acre blocks without sewerage could be developed with the land," Mr Barry said.

"We've had quite a bit of interest but a lot of developers want 600 to 700sq m blocks like the Honeywood Estate."

Mr Barry said the land was in a prime location in the south-east corridor and was a prime growth area.

"This area out here is screaming for another development with larger blocks and this is perfect," he said. …

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