Strong demand for prime blocks saw more than 20 people camp out for up to two days ahead of the latest release of land at Peet Limited’s Innisfail Estate.
Young families were among those eager to join the queue to secure their favourite block amongst the 21 lots released as part of Stage 17A on Saturday.
Members of Peet’s project team delivered pizzas and mushroom heaters to warm the weary waiting crowd on Friday night as the release grew closer.
Their patience was rewarded with all but two blocks snapped up quickly and many buyers planning to build immediately.
Attracted by generous lot sizes and close proximity to schools and other amenities, many families have already moved to the master-planned estate.
The lots in Stage 17A ranged in size from 448sqm to 720sqm and were priced from $170,000 to $230,000.
One of the campers, Phillip Loft, 29, said the larger block sizes on offer had encouraged him to buy in Stage 17.
“I arrived about 5pm on the Friday before the release and by the time the doors opened, there were at least 20 people in line,” Mr Loft said.
“I previously bought in Stage 5 at Innisfail and I really like the area. I have a young family and it’s a great location.”
Peet Limited Managing Director Brendan Gore said the result was very positive and positions the estate well for future releases.
“This is a great result for Innisfail and with more than half of the estate’s 1,800 lots already sold, a vibrant local community has been established throughout the estate,” Mr Gore said.
Located just 20 minutes from Melbourne’s CBD, land at Innisfail Estate has been highly sought after since the first releases five years ago.
Innisfail boasts a choice of schools as well as medical facilities, banks, a major shopping centre and other amenities close by.
For more information about future releases at Innisfail Estate, contact Minloo Germann on (03) 9395 2155 or visit www.peetinnisfail.com.au.
The Innisfail Sales Office is located at 9 Innisfail Drive, Point Cook and is open Saturday to Wednesday from 12pm to 5pm.