THREE residential blocks, measuring up to 2000sqm each, are set to be released this weekend inside a Greenbank estate.
The first of potentially 1566 blocks inside the Covella estate were built in 2017. Of these blocks, the developer has 281 blocks of land left to sell.
With a capacity of around 4000 residents, the estate’s developers are now releasing 10 blocks of land, which they say are four times larger than the average property block in the Greater Brisbane Area.
Greenbank is at the centre of rapid property development, with communities and villages from several developers, like Miravac and Homecorp, underway.
According to data collected by the Australian Bureau of Statistics, the average site area of house approvals in the Greater Brisbane area in 2021 was 459sqm.
Executive general manager at AVID, Bruce Harper, said the new release of land was close to existing community amenities, like shopping districts and parks.
“This release is ideally located next to our neighbouring future sporting fields and is only moments away from our six community parks and expansive walking trails,” Mr Harper said.
Astrud Rosales and his wife, who migrated from New Zealand, will be moving into the development and chose the location to grow as a family and connect with the community.
“We couldn’t be more excited to settle into our new home, meet our new neighbours, and become part of this vibrant community,” Mr Rosales said.
“The combination of natural surroundings and modern living made it the ideal place to build our family home.”
The release of another seven large blocks of land, as well as standard-sized blocks of land, will be timed according to public demand, according to the developers’ communications team.
