Brisbane’s inner north is experiencing a housing boom, with Cedar Woods Properties spearheading the development of Greville at Wooloowin.
This master-planned community seamlessly combines Wooloowin’s rich history with modern living, offering a unique mix of townhouses, apartments, and heritage homes.
The first residents have already moved into their new townhouses, marking a significant milestone for the project. Construction on the second, sold-out release is underway, exceeding the halfway mark.
Prime Location Meets Historical Significance
Located just 5km from Brisbane’s CBD, Greville occupies a 3.5-hectare site steeped in history. Over the next five years, the development will deliver diverse housing options catering to various lifestyles.
The heart of Greville will be an expansive 4,000 sqm public park, alongside exclusive resident amenities. This ensures a vibrant community hub where residents can relax and connect.
Swift Progress Meets Market Demand
Cedar Woods is making rapid progress on the project. The strong sales performance of the first two releases, selling out shortly after launch, has allowed the developer to accelerate construction.
The first collection of 12 townhouses was completed within a year, with residents now settled in. Construction of the second release, comprising 25 townhomes, is progressing swiftly.
This efficient delivery is a major drawcard for buyers, especially in the current market.
Townhouses Offer Value in a Booming Market
The next phase of Greville will launch 20 three-bedroom townhouses in the southern precinct. Construction is anticipated to begin early next year.
Cedar Woods believes these townhouses offer excellent value compared to detached houses. With prices starting from $1.325 million, they are significantly cheaper than the suburb’s median house price of $1.57 million, which has risen by a remarkable 26.5% in the past year.
Modern Design Meets Heritage Preservation
Designed by Rothelowman Architecture Studio, the townhouses and apartments at Greville seamlessly blend Wooloowin’s character with contemporary finishes. This is further complemented by the preservation of the historic Holy Cross laundry building from the 1800s. In a later release, this structure will be transformed into heritage homes.
A Community Focus with Local Appeal
Over 80% of buyers are locals who appreciate the site’s historical significance and the vibrant lifestyle being created at Greville.
Residents already have access to various community amenities, including a recreation area with a pool, BBQ facilities, and alfresco dining options. Additionally, the expansive Greville Park, which opened last year, provides a central green space for the community.
Exceptional Connectivity
Greville boasts exceptional connectivity, offering residents easy access to Kedron Brook, the Northern Bikeway and Busway, and local shops and restaurants.
This focus on community, combined with the project’s prime location and diverse housing options, positions Greville as a desirable address in Brisbane’s thriving inner city.
Published Date 19-November-2024
