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Monday, September 28, 2020
Home Council Final stages for Coral Waters Estate

Final stages for Coral Waters Estate

Coral Waters Estate, Innes Park
The subdivision will complete the final stages of the Coral Waters Estate at Innes Park.

Dreaming of a sea change? An application has been lodged with Bundaberg Regional Council for a 20-lot subdivision at Innes Park.

The subdivision will complete the final stages of the Coral Waters Estate, which commenced development in 2006, creating 83 lots to date.

Stages eight and nine will also provide another pathway link between the end of Deering Place through to Marlin Drive and will meet up with the existing walkway.

Spokesperson Rose Deering said the 20-lot subdivision had already attracted keen interest.

“Stages eight and nine have already created a great deal of interest, due to the fact that the lots are above average in size being 1000 sq m or greater and within walking distance of the beach.”

“Our focus has always been on creating a great neighbourhood for people to enjoy life, raise their family and relax in their retirement,” she said.

“We are planning to commence construction early next year and hope to have lots ready to be built on by June/July 2021.

“We already have six lots on hold for local buyers and yesterday someone from Melbourne put a hold on a block sight unseen, so certainly a lot of enquiry, and we haven’t even commenced our advertising campaign yet.”

While Rose said the home builder grant had not contributed directly to the selling of stage seven, as it was sold out before the grant became available, she said any incentives to build were always helpful.

Rose noted that while most of the interest in Coral Waters Estate was from locals, the estate had garnered interest from around Queensland.

“In stage seven, out of the 13 lots we’ve sold, four of them weren’t from Bundaberg, so 70 percent of our interest would be local,” she said.

“We also have had someone from Melbourne who has put a hold on the block sight unseen, so certainly got good interest in stages eight and nine even though we haven’t advertised.”

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