Multiplex Living’s Bluewater residential development has been buoyed by sales.
In the past fortnight, buyers have bought more than 60% of home sites from an upcoming stage.
Eleven of the 16 allotments in Stage 1C of Bluewater were sold to Multiplex’s registered database during the special pre-release sale, with the 650 sqm lots selling for an average price of $182,000.
Multiplex Developments Australia managing director of master-planned communities Anthony Rowbottam said buyers’ enthusiasm for Bluewater was reflective of North Queensland’s strong property market.
“The latest sales success follows on from the strong results achieved for our previous release at Bluewater earlier this year and confirms the continuing strength of the market for high-end quality product.
“Bluewater delivers – it is close to the lively centres of Cairns, Palm Beach and Port Douglas, but far enough away to retain an atmosphere of peace and tranquility. There’s rainforest and a bush reserve nearby, and pristine Trinity Beach is only a stone’s throw away,” he added.
According to Rowbottam, the majority of interest in the latest release has come from families wanting to move to the region from surrounding areas.
“Bluewater’s master-plan design and wonderful lifestyle benefits have attracted buyers, as has the fact it is located within close proximity to schools, shopping and other essential amenity.
“Interestingly, we have even had interest come from as far away as Western Australia, with four sales already made to purchasers from the west and a high number of ongoing inquiry,” Rowbottam said.
The project also recently received council approval for a 108 berth marina, potentially the last marina in far north Queensland to offer direct deepwater access to the Great Barrier Reef.
A further 17 residential lots are expected to be released to the market in November, priced in excess of $180,000.
By Kathryn O’Meara
