Archive for January, 2012

Another Massland Townhouse Development Breaks Ground!

Friday, January 20th, 2012

Just before Christmas, Massland broke ground on their townhouse development in River Hills Rd at Eagleby.

It’s a project Massland is incredibly excited about, as it began it’s life as a graduate deal. Chris, a Massland graduate, found the deal in Eagleby and negotiated an option with the former owner.  The deal was so incredible that Massland decided not to onsell to a developer, but to become the developer themselves!  The result is a fabulous townhouse project developed by Massland –  a brilliant outcome for Brian and the team.

All the necessary Development Approvals, Building Approvals and Operational Works were sourced by Massland and ground broke on construction just before Christmas with the demolition completed and foundations being laid.  Over the coming months 12 double storey townhouses will be built on the site.  The foundations of three slabs have been poured with each slab housing 4 townhouses.

Being a Massland graduate certainly has its benefits, as these townhouses were sold exclusively to Massland clients at below current market prices. All 12 townhouses were quickly snapped up by savvy investors, who were keen to have  a solid performer in their property portfolio.

It’s extremely rewarding for Massland to be involved in the River Hills development and turn real projects into real profits for their clients.