Green Light For Master Planned Estate Part Of $1.5bn Housing Crisis Strategy

WORDS: Ocean Road Magazine Editorial Staff PHOTOGRAPHY Supplied

Queensland developer, Azure Development Group, has ramped up its $1.5 billion project portfolio after a development application was approved for its new $57 million residential estate at Flinders View.

Azure Director, Trent Keirnan, says full Council approval is just another step toward Azure’s mission of delivering townhouse developments to meet the growing demand amidst the current housing shortage crisis in southeast Queensland.

“We are thrilled to have received DA approval for Dahlia,” said Director of Azure, Trent Keirnan.

“Azure is especially committed to investing in key growth areas and creating communities that focus on affordability and liveability with the inclusion of prized indoor-outdoor living areas that define the southeast Queensland lifestyle and Dahlia is no exception.”

“We are eager to deliver an abundance of residences during a housing shortage and continue to contribute essential housing supply and diverse housing options in a city marked by thriving employment and business opportunities.”

According to data by Urbis and the ABS, in the next two years Ipswich’s annual growth rate is expected to rise 4.2 per cent, with the population expected to exceed 424,000 by 2041.

“Ipswich is currently undergoing a major transformation and is forecast for remarkable growth potential, and we are actively playing our part in meeting the rising demand,” said Mr Keirnan.

Once complete, the Dahlia estate will comprise over 100 townhouses consisting of three bedrooms and two and a half bathrooms with a mix of six different floorplans on offer, priced from $585,000 to $615,000.

Residents will also enjoy an array of recreational amenities, including a 686 square meter communal lawn area and a club facility featuring a 15-meter swimming pool with a 5-meter kids splash pool, sun lounges, double day beds, and lush landscape gardens.

Dahlia’s surroundings offer residents a perfect blend of convenience, green spaces, and connectivity, with a supermarket, Cafe 63, a bakery, chemist, and a well-maintained council park with a pedestrian footpath directly across the road.

The approval follows the successful sell out of Azure’s other Ipswich projects– the $50 million Seasons by Azure and the $55 million Munro estate.

Construction is expected to commence in the second quarter of this year with the project set to launch to market next month.

Azure is a privately owned real estate development and investment company that has delivered more than 1,400 terraces, units and residential lots since it was founded in 2014.

The company’s active portfolio of seven developments is valued at more than $500 million, including two luxury high rises in inner Brisbane – One Earle Lane at Toowong which is edging closer to a sellout and One Five Six by Azure at New Farm which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.