$60M Horizon estate in South Ripley predicted to sell out quickly

first_imgThe $1.2 billion Providence project has just released a new $60 million estate called Horizon which will have 280 lots in the estate in South Ripley.WITH continued strong demand for affordable land in the booming Ripley Valley, this developer is expecting its new $60 million estate to be sold out within 12 months.AMEX Corporation is developing Horizons, the latest precinct in their $1.2 billion Providence project in South Ripley.The first release, called Parque, will have 43 lots ranging in size from 294sq m to 540sq m starting at $175,200.Providence project director Michael Khan said Horizon would be the most eastern precinct to date within Providence, and provided an opportunity for buyers to purchase rare elevated blocks, close to the planned town centre and future district park.“With stunning panoramic views to the east, Horizon will be the first lots available in the community that get to enjoy stunning sun rises over the mountains,” he said.Providence in South Ripley. Picture: Jack TranWith the full Horizon estate of 280 lots expected to be sold out within a year, the estate is set to offer a wide variety of allotment sizes, elevations and views with a north easterly aspects.More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoMr Khan said the Parque release featured frontages ranging from 10.5m to 18m wide, including large corner blocks and family-sized villa lots that are well elevated to take advantage of the views.“With over 75 per cent of new buyers being owner occupiers, people are turning their attention to Providence to capitalise on its price growth and strong community focus,” he said.“The strong sales activity at Providence is a real-world example of growing demand for a well-designed residential community.”Providence is the largest masterplanned community in the Ripley Valley growth corridor where $4.4 billion worth of residential projects are currently underway.Providence in South Ripley.Oliver Hume Queensland joint managing director Brinton Keath said the Ripley Valley remained one of Queensland’s hottest property markets due to its proximity to job hubs at Ipswich, Amberley and Springfield.“The Centenary Highway residential corridor will be become the epicentre for residential housing growth in Queensland over the next decade with hundreds of people moving into the area every month,” Mr Keath said.“This trend will be the case for the next 20 years due to the number, scale and quality of the major projects that are now being developed along the Centenary ‘road to riches’ Highway.”Search for new House & Land packageslast_img

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