Catapult Property Group has achieved strong sales success in the first stage of its Darling Downs project – Park Hill Toowoomba, the company’s largest residential development currently under construction.
Park Hill Toowoomba, located on the western edge of the Toowoomba CBD off McDougall Street in Glenvale, was launched in late 2017 and the $26 million project will feature a total of 141 lots.
Catapult Property Group Managing Director, Paul Barrett, said the 24 lots in Stage One had attracted considerable interest from buyers, who are attracted by the lifestyle on offer in Park Hill Toowoomba with its planned “nature play” adventure park and green parkland setting.
“The response to Park Hill Toowoomba has been fantastic, particularly from the local market as buyers already living in the Toowoomba region recognise the unique nature of the development,” he said.
“Park Hill Toowoomba will be the place to live for the outdoor lifestyle. Parklands, reserves and recreational spaces will provide constant pleasure in this estate.”
Park Hill Toowoomba also has support from some of the area’s best builders with GJ Gardner Homes, Hotondo Homes, and Richard Adam Homes partnering with Catapult Property Group, and providing house and land packages for owner occupiers. Builder packages are still available in Stage One.
Mr Barrett also said that Park Hill Toowoomba Stages Two will be launched shortly with home lot sites between 400 sqm and 530 sqm and prices between $174,900 and $185,900.
“Park Hill Toowoomba offers space, connectivity, and affordability with generously sized, flat, and elevated homesites at competitive value for prices,” he said.
“First time buyers at Park Hill Toowoomba can take advantage of the Queensland Government’s $20,000 First Home Buyers Grant up until June 30, 2018. Catapult Property Group is also supporting its builder partners with an exclusive $2,000* deposit finance offer for First Home Buyers.
“Park Hill Toowoomba benefits from being convenient to the city centre, while offering residents time to enjoy life, go for a walk, have a picnic under the trees or spend quality time with family and friends.
“With a population of approximately 162,000, Toowoomba is the largest inland city in Queensland with projected growth to 244,000 by 2031.
“Strong infrastructure investment, such as the $200 million Brisbane West Wellcamp Airport, Inland Rail Project, and Second Range Crossing, is underpinning the positive outlook surrounding the Toowoomba region. In addition to the infrastructure upgrades in the area, the existing Grand Central shopping complex has just completed its $500 million redevelopment, and Toowoomba Regional Council has approved plans for a new Coles complex in Glenvale, construction to commence soon, a short walk from Park Hill Toowoomba.
“Park Hill Toowoomba will grow and flourish with the region’s strong and diverse economy. Toowoomba’s major enterprises include manufacturing, retail, health and community services, agriculture and tourism.”
Brisbane-based Catapult Property Group has taken just five years to secure a pipeline of almost $170 million of residential projects in Queensland with the company recently launching a ready-build housing program and a lending division.
“Catapult Property Group is a one stop shop to provide comprehensive property solutions for new home buyers, with all services under the Catapult Property Group brand,” Mr Barrett said.