DEVELOPER Dahua has sold over 120 lots of land at its new Menangle Park master planned community development in Sydney’s south west, significantly exceeding its initial expectations.

Dahua had initially planned to release only 32 lots in stage 1 launch, however after potential buyers exhausted the early online registrations and the first round of deposits were received, the developer fast-tracked releases 2-6 of the Ridgeline precinct to satisfy the demand. The development attracted a mixed group including first home-buyers to growing families and those wishing to downsize.

Development manager Kith Clark said the large choice of housing options at Menangle Park combined with a sought-after south west location had already proved a hit with homebuyers.

“Menangle Park is perfectly positioned for buyers wanting to move into the South West corridor, which is poised to become one of Sydney’s most sought-after areas. The size of the land, the amenities and price points, have all been drawcards for buyers. Our master-plan successfully merges from urban activity to the plush parklands and biodiversity of the Nepean River, while embracing the sweeping views of the Razorback mountains” he added.

Construction of the development to commence early next year. Upon completion, the $1.5 billion master planned community located 65km from Sydney CBD and 10 minutes from Campbelltown city centre, will span 364 hectares and is expected to hold 4,000 residential lots.

As published in Australian Property Journal