News
25 September, 2024
Lilywood sold out
The first 150 blocks of land at Lilywood Landings (LL) in Moreton Bay’s new city of Waraba have sold out in just weeks, prompting developer Lennium Group to fast-track future stages to meet demand.
LL released the first stages of land to VIP customers in late July with prices starting at only $280,000 and home sites ranging in size from 315 square metres to 995 square metres.
With around 1,500 registrations of interest from potential buyers prior to launch, dozens of blocks sold in the first week and the remaining lots have been snapped up quickly.
Lennium Group Development Manager Ian Worthington congratulated all those who managed to secure their block in the first land release.
“It’s not every day that people get the chance to buy the very first land in a brand-new city and we are delighted with the strong response received,” he said.
Mr Worthington said the construction of the first homes should be starting in early 2025, with the first stage expected to be completed by the end of the year.
“We are working hard to bring on the next stages as soon as possible to keep up with demand, so I would urge anyone interested in calling Lilywood Landings home to register their interest in future releases now.”
First home buyers Isabella Spurdle and Oliver Dorofaeff were among those fortunate to secure a block in the first land release and hope to move into a new home in the community around June next year.
“We’re renting at the moment so it’s going to be fantastic to start paying our own mortgage rather than someone else’s,” said 25 year old Isabella.
The couple have chosen to build a four-bedroom, two-bathroom home at LL.
Oliver, also 25, said he is looking forward to construction of their home beginning early next year.
“We chose Lilywood Landings because of the affordability,” he said.
Lilywood Landings is located on Caboolture River Road at the gateway to Waraba and will provide more than 700 much-needed new homes over the coming years.
To find out more or register your interest visit lilywoodlandings.com.au
