As 2015 comes to a close, we’d like to wish you a Merry Christmas, and thank you for your support!
This year has been a busy one for Parklea, with exciting developments continuing to progress. Let’s look back at 2016 for Parklea developments.
Officer’s Timbertop Estate is fast becoming a lively community with over 130 families now living in the highly sought after estate. In 2015 over 140 lots were sold, as it continues to attract families of all ages, seeking community living with wide open spaces and beautiful homes. With the Timbertop Park and new stage releases coming soon, there is a lot to look forward to in 2016.
Located in the heart of Mernda by shopping centres, schools, restaurants, and a future train station, this estate has been extremely popular. With a total of 140 lots, Everton Gardens has now sold out of all available stock. The project is now 90% complete.
With the development of the Mernda Shopping Centre, local sports precinct, and aquatic centre this growing community is becoming a popular destination for families. The project is 95% complete with strong sales on very difficult lots due to site fall.
Pakenham’s Premier Shopping Centre recently sold with a 6.6% yield. A successful nationwide campaign attracted over 110 enquiries with eight competitive expressions of interest. Both the purchaser and vendor were very happy with the result.
Planning approvals are progressing incredibly well at Kaduna Park (Officer South), Pakenham East, Torquay and Wonthaggi, paving the way for a productive 2016.
Have a safe and enjoyable holiday and we’ll see you in the new year!
The Parklea team