CFMG has secured a second acquisition in Brisbane’s southern growth corridor with the purchase of a 8.47 hectare site on Chambers Flat Road, Logan Reserve, 28 kilometres south of the Brisbane CBD.
The project will be launched as Middleton Park, a 150 lot residential community, with an expected on completion sales value of $30.0m.
Located in the Logan Local Government Area, the project is within close proximity to existing and planned infrastructure with a total of $394m of major infrastructure projects under construction, planned or recently completed.
The largest project in the planning is the $200m Logan Central Master Plan which will be a purpose built precinct comprising commercial, schools, retail and health along with retirement, aged care and residential around a central town square.
CFMG’s project pipeline now comprises of 1,200 lots under development or completed and a further 1,000 lots going through the planning and assessment process.