Further to our recent issue of Development Developments, we can now report on auction results of development sites listed below:
COOMBS
Three multi unit sites sold at auction last week:
Block 1 Section 28 – 1.16ha – SOLD for $6.4m
Block 1 Section 40 – 1.31ha – SOLD for $6.9m
Block 1 Section 38 – 1.49ha – SOLD for $7.25m – site for consturciton of 75-133 dwellings, zoned RZ5. 30% affordable housing required.
The long awaited Coombs local centre sites (Block 3 Section 36) will be auctioned by the LDA on 4th March 2015. The first supermarket site for the Molonglo Valley will be included at the centre, with a GFA of up to 1,500sqm, and GFA for other shops and businesses up to 1,000sqm. The total site area is 8,424sqm with provision for parking. In addition, a community use site is on offer, situated adjacent the future Coombs school. Block 1 Section 17 is 8,844sqm and will include a minimum 120 place child care centre, community centre of at least 300sqm and optional additional community facility. Once complete, Wright and Coombs will be home to over 3,000 dwellings.
GREENWAY
The final two CZ2 residential development sites at Southquay were sold at auction today:
Block 1 Section 74 – 2,240sqm for 27 – 54 permitted dwellings – SOLD for $2.625m
Block 1 Section 79 – 3,582sqm for 15 – 21 permitted dwellings – SOLD for $2.881m
MONCRIEFF
Six multi-unit sites sold at auction today. The blocks range in size from 1,586sqm to 6,860sqm for between 6 – 90 dwellings over RZ3 and RZ4 zonings. The auciton follows on from the successful sale by ballot of over 200 residential blocks in the suburb. When complete, Moncrieff will include approximately 2,200 dwellings, a small group centre, community facilities and parks and playgrounds.
- Block c Section AV sold for $4.4 million
- Block d Section AV sold for $3.1 million
- Block a Section A4 sold for $1.1 million
- Block o Section A4 sold for $2 million
- Block p Section A5 sold for $1.6 million
- Block n Section A3 sold for $2.32 million
Read more at the Land Development Agency Website.