CONSTRUCTION has kicked off on Mirvac’s $81 million Ashford Residences community at Everton Park in Brisbane, after civil contractor Pensar was engaged to start work on the initial stages.
Ashford Residences will also be home to a one hectare eco area alongside popular Kedron Brook. On completion, the new community will feature 124 residences, including 43 freestanding homes and 80 three and four bedroom terrace homes.
Late last year Mirvac finalised the refurbishment of the historic Murphy’s Dairy Residence, situated at the entrance to the community, which opened as the Ashford Residences Sales Centre, and will eventually be fully-restored and offered for sale as a heritage family home.
The first release of land lots is already more than 50% sold and anticipated to be delivered late 2020 and early 2021 for stage one and stage two respectively.
Ashford Residences is the second residential project Mirvac has commenced construction on in Brisbane this year. Late in April, sod was turned at the $77 million Tulloch House apartments, marking the second stage of the Ascot Green community being developed alongside Eagle Farm in Ascot.
“The opportunities to purchase land this close to the heart of the city are few and far between, particularly alongside the leafy green Kedron Brook and, as a result, we have been receiving strong interest from local buyers wanting to upgrade to a brand new home in the area,” Mirvac head of residential, Stuart Penklis said.
Locals can dine at Park Lane at Everton Plaza and shop at new local Woolworths and Coles supermarkets, and the community will also feature schools and childcare facilities are all adding to the appeal and convenience for buyers.
