This article is from the Australian Property Journal archive
DEVELOPER Robinson Projects is selling more than 300ha of land in the new $1 billion master planned Oakland Estate.
Oakland Estate developer James Robinson is currently developing the first stage of the Beaudesert-based community, including a shopping centre, family tavern, Catholic high school and parklands – all of which will be completed by 2017.
Robinson is selling the balance of land, which could yield over 2,000 homesites.
Robinson said his decision to sell the balance of his land holding is in line with his strategy to expand Robinson Projects’ portfolio of commercial assets.
“It has always been part of the plan for Robinson Projects to establish Oakland Estate and to deliver the first stage – including crucial infrastructure and amenities which will ensure the sustainability of the project over the long term.
“I really believe that Oakland Estate has great potential to be a backbone for growth and development in Beaudesert over the coming years, as it will provide much needed new homesites and facilities for the general population,” he added.
The site is being sold by Savills’ Gregory Woods and Michael Harcourt, who said Oakland Estate presents a rare opportunity for developers looking for a low risk acquisition in a strategically significant location.
“Robinson Projects has de-risked the development for a major national developer or corporate entity looking for a large, strategically located land bank that they can roll out over several years,” they said.
“I am already receiving strong enquiry for stage one homesites from Brisbane and the Gold Coast as people increasingly become aware of the activity in Beaudesert and the fact that it is really only about 45 minutes from either city,” Robinson said.
Australian Property Journal
