Construction is underway on Campbell Estate, a new land lease community by real estate fund manager Lincoln Place, after a sod turning ceremony was held on 30 November.
Owned by directors Ben Hindmarsh (pictured right), Nicholas Collishaw (pictured below right) and business development manager Steve Bowmaker (pictured below left), Lincoln Place has five other land lease communities under management or in development around NSW including another community in the Hunter Valley.
Campbell Estate will have more than 160 home sites with a range of modern designs available.
Amenities will include a covered swimming pool, bowling green, theatrette, a resident clubhouse, gym, Men’s Shed and campervan storage.
Mr Bowmaker told The Advertiser there were a large number of retirees in the area who needed to downsize their homes.
‘’This gives them the opportunity to sell these homes and stay in town, and gives young families the opportunity to buy those homes and live close to the CBD – it’s a domino effect,’’ he said.
The first of the civil works is expected to begin in December with stage one, which will consist of 43 homes and community facilities, to be completed within two years.
Prices for the homes start from $290,000.
