The Land Development Agency has released 43 new “premium blocks” in the Gunghalin suburbs of Taylor and Throsby to be sold via auction at the end of this month.
The residential blocks will be located near parkland or in open areas and vary in size from 405 to 804 square metres.
“The location and size of these blocks will be very attractive to potential buyers,” said David Dawes, CEO of the LDA.
“The Throsby blocks are ready to build on now and the Taylor blocks will be ready in the coming months.
“In addition to the Throsby blocks still available over the counter, these releases present a great opportunity for purchasers to get land that is build-ready, or will be ready very soon.”
The latest releases come as the second in less than a month.
Last week, Taylor’s first residential blocks were sold in block selection appointments at Gungahlin Golf Club.
The event attracted more than 2000 prospective buyers, ensuring that the blocks were sold within two days. Values ranged from $221,000 to $383,000.
Taylor, the territory’s newest suburb, is due to have 2,500 dwellings installed over the next five years and its own school by 2019.
Throsby, which is located near Horse Park Drive and has easy access to the city, is set to have 3,000 dwellings over a similar time period.
The LDA’s planned three-stage expansion for both suburbs in the coming years will mean that further releases will be announced shortly.
For further information or auction registration, phone Luton Properties on 1300 776 054 or email email@example.com
Photo: Development in Throsby, picture taken by the Land Development Agency