ASX-listed developer Cedar Woods Properties will fast track the next release of its new Flourish community in South Maclean, Queensland, following strong demand and $7.5 million in sales in stage one.
Construction of the 511-lot community, off Pebble Creek Way in fast-growing South Maclean south-west of Brisbane, has officially commenced, with City of Logan Division 11 Councillor Natalie Willcocks joining Cedar Woods Properties Development Director Blair Britton to break ground on the new project.
The first stage, which includes 51 homesites, is now sold out with the next stage brought forward and expected to be released at the end of February to meet the demand.
With site works now underway, construction is expected to start on the first homes at Flourish by the end of the year.
Willcocks said delivering new housing for existing and future residents of the fast-growing Logan region was vital.
“Logan continues to grow as more people choose to call this area home and, whether you’re a single person, a couple or a young family who desires to live in this area, having a range of new housing options available to you is so important,” Willcocks said.
“I look forward to watching Flourish and South Maclean evolve over the next few years, and to meet the new residents who live in this community.”
Blair Britton said buyers at Flourish were mainly local families and had responded positively to the community’s masterplan including the strong emphasis on green space and the well-designed neighbourhood.
“We knew Flourish’s natural surrounds, well designed masterplan and its strong connections to the surrounding suburbs of Greenbank, Flagstone and Jimboomba would appeal to buyers, but the level of enquiry has exceeded all our expectations,” Britton said.
“As a result, we’re bringing forward our next release of 53-homesites, with this new release anticipated to be available from late February and expected to be met by equally strong demand, particularly now that construction is underway.”