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Huntlee sells out record land release in record time

intouch Magazine

If there was ever any doubt as to how healthy the Hunter’s real estate market is, that was put to rest on the weekend, courtesy of the Huntlee Mega Land Release.

 

At 10am on Saturday 19 June, Huntlee opened the doors to its sales office and welcomed prospective purchases to take their choice from 125 lots released simultaneously. Within four hours, all 125 lots were sold!


Commenting on the remarkable result, Huntlee Sales Director, Robert Crane, said it was testament to the popularity of the first new town to be built in the Hunter in more than 50 years.


“Each time we release a new stage, it is snapped up in no time,” said Robert.


“To make the playing field as level as possible, this time we decided to try something different, releasing three stages at once on a first come, first served basis. As far as we are aware, this was the largest single land release in the Hunter’s history.


“By 8am, when we started handing out the price list (which had been kept under wraps up until that point), we had more than 150 groups lined up, ready to take their chances. That number continued to grow, exceeding 200 by the time we opened the doors and started selling at 10am.


“We had lots ranging from $180,000 up to $450,000 for a very generous 1750m2 corner block.


“As the clocked ticked 2pm, the ink dried on the final agreement – all 125 sales were completed in four hours.”


Vanessa Matthew from The Entrance first heard of Huntlee when her grandmother moved into the area. When she went to visit, she immediately knew, the beautiful location, surrounded by bushland, was where she wanted to raise her three sons, aged 6, 5 and 3.


“I finished work late on Friday night and drove straight up to Huntlee,” said Vanessa.


“I managed to get the 53rd spot in line but wasn’t sure my dream lot would still be available when it was my turn to go in. My mum was waiting with me and when we got to the head of the line and walked into the sales centre, we couldn’t believe it when we looked at the plans on the wall and saw the block I wanted was still available! We started jumping up and down screaming with excitement. It was literally the only block left in Stage 30 without a sold sticker on it.


“My partner and I and the boys can’t wait to build our home and move to Huntlee!”.


Robert Crane said, as expected, not everyone was able to secure their dream site on the day. However, all in attendance were given the option to sign up to a VIP List for the next release.


“Those on the list will be prioritised in the same order in which they lined up on Saturday and will be given first choice of the lots in our next release,” said Robert.


“Of course, the great thing about Huntlee is, that next release won’t be far off. Given our fully master planned town will eventually comprise more than 7500 lots, we can literally produce new stages as the market demands.


“We’d like to thank everyone who came up to Huntlee on Saturday to participate in the Huntlee Mega Land Release. People were patient and gracious in the line and enjoyed getting a glimpse of the sense of community they will enjoy when they call Huntlee their new hometown. Special thanks also go to our extraordinary staff for their planning of and participation in this remarkably successful sales event,” added Robert.

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