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The unprecedented sale of off-the-plan home sites in Stage 1 of Secret Harbour’s ‘Hamelin Park’ estate has accelerated the land development program, bringing forward the release of Stage 2 to as early as June 2017.
Hamelin Park is located within the established beachside suburb of Secret Harbour. It is walking distance to shops, two minutes to the beach, seven minutes to public transport and 45 minutes commuting time to Perth.
The company behind the estate is M/Land, and Director, Mr John Wroth, said the sheer pace of land sales has been a welcome surprise for the company, with the majority of buyers already being familiar with the area and the value the land represents.
“We deliberately positioned and priced this land to appeal to first home buyers or people looking for affordable properties. This kind of offer has not been available in Secret Harbour for some time and, as this is the last remaining land to be developed in the area, it is unlikely to be repeated,” he said.
“Most of our buyers have been looking to upgrade or move from the rental market, without having to leave the area. The acceleration of the development program has meant that Stage 1 buyers will now receive land titles as early as this month, and Stage 2 titles by the end of the year.”
Secret Harbour was identified by M/Land as a sought after coastal village with an established community of over 10,000 people. The area has schools, major regional shopping centre, health services and transport links, as well as an award winning golf course, newly refurbished surf club and a shopping centre, which is undergoing a $53 million transformation to include Aldi and Coles and specialty shops.
“The new shopping centre is expected to generate around 250 new jobs in addition to those at the existing Woolworths. These kind of local employment opportunities are almost unheard of within new land developments,” Mr Wroth continued.
“There’s no doubt that first homebuyer incentives being at an all-time high and interest rates being so low has been a factor to the estate’s early success, but I believe most buyers realised how unique it is to buy into a new land estate without having to wait years for community infrastructure. We are really proud of what we have been able to deliver to new property owners.”
M/Land is part of the M/Group of companies, an organisation that specialises in the identification and development of niche development opportunities across the State, and is responsible for helping to revitalise environments such as Mount Lawley, South Fremantle and Maylands.
Hamelin Park is the last remaining strategically located parcel of land in Secret Harbour and offers home sites from $169,000 and house and land packages from $329,000, excluding the First Home Buyers grant.
Expressions of interest are invited for Hamelin Park’s stage two release at www.hamelinpark.com.au or email email@example.com for more information.
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