Developer Peet Limited builds new bridge over Oxley creek at Spring Mountain

Play area: The new play area built by developer Peet at Spring Mountain. Photo: Supplied
Play area: The new play area built by developer Peet at Spring Mountain. Photo: Supplied

DEVELOPER Peet Limited has invested more than $3 million dollars in new roadworks including a new bridge over Oxley Creek at Spring Mountain at Greenbank.

The bridge gives buyers access to the secluded lots for the first time.

This new precinct is the last section of Spring Mountain available to be development and will yield 320 lifestyle lots.

Sales have remained strong at the Greenbank estate and as a result the developer has pushed forward the last land release in the Parkview precinct.

More than 70 per cent of Parkview lots have been sold off the plan while buyers waited patiently for access to the land.

Peet CEO and managing director Brendan Gore said the demand for land in the area between Logan Ipswich and the Gold Coast remained high.

“More and more people would love to come home to a bush hideaway but it’s getting hard to find attractive acreage close to work and city amenities,” he said.

“Over the next 25 years, the population of south-east Queensland is expected to grow by 50 per cent and this kind of land will become even more scarce.

“The pressure will be on to find space for 800,000 new homes and almost a million new jobs and we are already seeing the effect this is having on the density of our existing suburbs and the new satellite cities that are being built.”

Located at the eastern end of Jollytail Avenue, the new release includes 12 lots which from 2,889 square metres to 5,124 square metres.

Peet is also finalising a new park in the bush reserve near the central lagoon of the estate which will include a flying fox, climbing fort, picnic area, barbecues, toilet facilities, and a green lawn area.