The Velare townhouses at Elermore Vale are a further example of the amazing growth and development in the Newcastle market. These boutique townhouses, located at 158A Croudace Road, will be completed in November this year, with occupancy before Christmas. Senior Agents for the project Paul and Paula Ashcroft, from PRD Lake Macquarie say the demand has been very strong.
“This area just has so much going for it. Elermore Vale saw a growth rate of over 8% last year. Combine that with its proximity to John Hunter Hospital, local shopping and access to over 20 nearby parks and it’s a real up and coming suburb. The Velare development has taken it to a new level with these townhouses – they’re so spacious, most with double garages. They really give families room to grow,” said Paul.
“We’ve already seen a doctor and nurse purchase a townhouse in the development. Most of the enquiry we’ve seen is from first home purchasers and down sizers who don’t want the maintenance of a large yard, but still want a spacious and modern lifestyle. Most young people are time poor these days and compared to the cost of an existing home these townhouses at Velare offer fantastic value to this sector of the market. Two bedroom townhouses start from just $485,000,” Paula added.
“The feedback from purchasers has been overwhelmingly positive. People are loving the generous proportions, high ceilings, private patio and grassed areas and the size of the main driveways and parking pads. We’ve also had comments from people about how the suburb is growing and changing beneficially for families and couples alike,” said Paul.
Paula said the fact that the townhouses were nearing completion also reassured purchasers who were cautious about purchasing off plan. Hunter Coast Homes, a long established local Newcastle builder, have done a wonderful job with these townhouses, so much so that Paul “The Chief” Harragon is the ambassador for the development and proud to put his name to this exciting project.
“This is a great development offering quality, spacious townhouses at an affordable price to those first home buyers who are seeking a great lifestyle or semi retirees ready to slow down somewhat. I’ve been looking forward to Velare coming to fruition and I can’t wait to see the completed project in November,” The Chief commented.
For further information contact Paul and Paula Ashcroft on 4926 0600 anytime or text Velare to 0429 272 015 to get an info pack on this boutique townhouse development.