A BUILDING boom will soon take place in Clarenza, with a new housing development slated to start in the next six months.
Clarenza will have 250 to 300 new houses once a developer is found for almost 60 hectares of soon-to-be-released residential land.
The land for the new development is on Centenary Drive - across the road from housing estate Merton Mews - and runs all the way to Alipou Creek.
Elders area sales manager Stan Pitkin is seeking a developer on behalf of land owner Austmark Properties, which is based on the Central Coast.
He said Elders would start advertising the development opportunity in about three weeks, after the land is rezoned from rural to residential.
The land was identified in the Clarence Valley Settlement Strategy as an area that should be rezoned for residential purposes, Mr Pitkin said.
“The Clarence Valley Settlement Strategy was looking for areas suitable for rezoning to residential, but it's taken three years to get to this stage,” he said.
He said no more land is scheduled to be released in the area.
Austmark has drafted a development proposal that includes about 270 blocks of land ranging in size from 400 to 6000m².
The land will be developed in three separate parcels, with 60 houses slated for either side of the property and 150 houses planned for the centre.
Mr Pitkin said some of the land to the west is a floodplain, so the largest blocks would be situated there.
If it all goes to plan, he said, people can expect the first houses in the subdivision to be ready in as little as six months.
Situated on undulating land and with three schools nearby, the properties should be popular with families.
Austmark Properties is looking for either a joint venture partner or a developer.
To find out more about the development, Stan Pitkin can be contacted at Elders Grafton office.
three years to get to this stage.”