High demand for land on the Gold Coast continues with Riverina Estate at Carrara selling out stage two within months
WORDS: Lee Gailer PHOTOGRAPHY Supplied
High demand for land in the new Riverina Gold Coast Estate has resulted in a sell-out of all 66 house blocks in Stage Two since launching to the market in June.
This follows the quick sell-out of 26 lots in Stage One, bringing the total of 92 lots already sold in the 181-lot masterplan estate at Carrara in Central Gold Coast.
More opportunities will soon be offered in Stage Three and Four with the remaining 89 house lots featuring Riverina’s premium riverfront and lakefront addresses to hit the market, with prices ranging from $725,000 to $1.2million.
Riverina’s premium quality and prime location on the river in Central Gold Coast just 10 minutes to the beach, along with the current shortage of new housing land across the region, have generated significant demand with locals snapping up most of the estate’s available lots.
Demand for premium land has come from Gold Coast residents and local builders who purchased all 26 house lots in Stage One and the majority of the 66 lots in Stage Two, with several sold to Brisbane buyers.
Queensland’s leading home builders Metricon Homes and Brighton Homes have given a strong vote of confidence to Riverina Gold Coast Estate by taking up a number of lots to provide luxury house and land packages.
Construction on Stage Two is underway with the demolition of the property’s original dwelling completed and extensive bulk earthworks construction commencing in August, forecast for completion in February 2022.
Riverina Gold Coast Estate’s impressive masterplan features 430m of river frontage, a 2.8ha central lake, resort-style amenities and open green spaces at its prime location on the river at Carrara, close to beaches and all the essential community infrastructure.
An expansive range of luxury lifestyle facilities will be incorporated throughout Riverina, including a 26-berth marina on the river and a state-of-the-art private residents club overlooking the lake with a cinema, café, library and gymnasium, plus a 25m swimming pool and children’s playground.
Managing the sales of Riverina Gold Coast Estate, Louka Vitale of ProjX Group said it was an extraordinary effort to sell out of Stage Two after selling out Stage One so quickly, which he said was largely due to the quality of the masterplanned estate and its location.
“Now that all of Stage One and Stage Two are sold, we will soon be releasing Stage Three to meet the huge demand we are seeing for quality house blocks on the Gold Coast,” Mr Vitale said.
“A shortage of house blocks on the Gold Coast has definitely sped up sales, but Riverina was always going to appeal to homeowners because it offers them an opportunity to build a brand new home close to where they already live or to relocate to an exceptional location.
“Buyers of lots at Riverina have certainly seen the value of living in this safe residential community with such extensive resort-style amenities on the river at Carrara only minutes to the beach and major retail and dining destinations.
“Riverina is one of the best opportunities for new housing land on the Gold Coast right now – to build a brand new home in a location like this, with so much natural beauty, close to beaches and essential infrastructure, is a dream come true for new homebuilders.”
Riverina Gold Coast enables land purchasers to build substantial, quality homes befitting of the prime coastal riverfront location and with building covenants in place, residents can enjoy peace of mind knowing the security of building controls will maintain the quality of homes.
Potential buyers are invited to visit the land sales display suite at the Riverina Gold Coast development site at 74 Riverview Road, Carrara, to speak with an agent and get an idea of what the estate will look like once the development is complete.
Riverina Gold Coast is conveniently located in Central Gold Coast, just 10 minutes to the beach and only 1km from the Pacific Motorway for quick access to the north or south, with Gold Coast Airport just a 30 minute drive, 13 minutes to Robina Town Centre and Brisbane City less than an hour away.
For sales information and to make an appointment to visit the Riverina Gold Coast Land Sales Display Suite, phone ProjX Group on 1800 955 945 or visit www.riverinabypointcorp.com.au.