Monday 29 January 2007

The sales success of stage one of Devine's 'Cedar View' residential community in Redbank Plains has prompted the pro-active developer to push ahead with a further release of house-and-land packages.

This latest stage will comprise 45 lots, ranging in size from 391sqm to 1,159sqm, and averaging approximately 530sqm.

Devine has been delighted with the response to the first 18 house and land packages released at 'Cedar View', a master-planed 12-hectare estate between Penrose Circuit and Walden Street. All Devine homes have functional layouts to maximise the amount of useable space, and an easy-care front and rear yard.

'Cedar View' will have a major 3.2ha central park, adding to its attractiveness for families. Convenience is also a key, with Redbank Plaza just minutes away, and the $600-Million Orion Town Shopping Centre 5.5km to the east.

"There are great schools and universities nearby, such as the Springfield campus of the University of Southern Queensland," said Scott McIntosh, Queensland State Manager of Housing & Land for Devine.

Redbank Plains is an emerging growth corridor between the major regions of Springfield, Ripley and the business node of Swanbank. It is only 28 kilometres south-west of the Brisbane GPO and nine kilometres east of the Ipswich GPO.

Devine has a proven track record in the western corridor, having had great success with its 180-block 'Collingwood Park' estate. It has also secured a massive site on School Road in Redbank Plains capable of yielding approximately 600 dwellings, which includes a potential rail link to Springfield and the local commercial precinct.

"Devine is a committed supporter of both the Queensland Government's Western Growth Corridor strategy and Ipswich City Council's draft Strategic Plan," said Mr McIntosh. "Improving infrastructure - including transport links, major employment opportunities, and localised services and amenities - combined with affordable land is providing very attractive home buying opportunities."

Redbank Plains was once a hidden treasure, but home-seekers have started to realise what the area has to offer and how undervalued it has been. As a result, median house prices in Redbank Plains increased by 10% over the past year.

"There is a continuing pent-up demand for new homes within family affordable price points, and Devine is focused on providing community estates which people want to call home to meet this value for money market demand," said Mr McIntosh.

Devine continues to expand its land development business throughout Queensland.

"We now have around 2,400 lots under development control," said Mr McIntosh, "and we have plans to double this number by 2008."

'Cedar View' at Penrose Circuit, Redbank Plains (UBD Map Ref: 235 H10) is open for inspection daily from 10am to 5pm. By early March a new display centre will open in Hallets Road. More information is available on 13 24 66, or www.devine.com.au

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Released by: Devine, 3 Westmoreland Blvd, Springwood, Queensland 4127
Contact: Scott McIntosh, Qld Manager Manager, on (07) 3380 2500, 0448 847 177
Paul Nash, National GM Housing & Land, on (0439) 730 424
Prepared by: Barry Hyland of PR Plus, Level 1, 272 Pacific Hwy, Crows Nest 2065 on
Ph: (02) 9439 9191, Fax: (02) 9439 9190. pluspr@ozemail.com.au