Strong sales figures for Reside Communities’ two greenfield sites in QLD

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Glen Brown, Founder and CEO of Queensland retirement operator Reside Communities, has revealed strong sales for greenfield developments Fairway Carindale at Pacific Golf Club and Esperance at Hope Island on the Gold Coast (pictured).

“Esperance’s first stage, Esprit, (is) now nearly 60% sold with construction delivery due mid-2022,” said Mr Brown, adding 30% of Fairway Carindale’s Stage 1 had been presold off the plan in the first two weeks.

Mr Brown (pictured right) said the sales success was due to “good quality product in the right area where the future resident sees actual value for money.”

Two established villages bought by Reside Community in 2018 are currently undergoing significant expansions, including Stamford Grove’s community centre The Homestead which saw Ausmar Homes win a Master Builders award. The village is a finalist in the 2021 Urban Developer’s National Award for Development of the Year – Retirement Living.

“The expansion of Samford Grove in Samford Village has already seen the new award-winning community centre, The Homestead, complete along with Stage #1 of the master-planned development now nearly sold out,” said Mr Brown.

Brookland Village in Robertson is currently preparing for the completion of a new community centre and 39 stage #1 apartments by mid-2022 with good sales momentum.”