/Development in highly sought-after suburb set to attract locals

Development in highly sought-after suburb set to attract locals

The Sanctuary in Fig Tree Pocket is a prestigious new residential community with only 23 homesites on offer. Photo: Supplied

A new residential community at Fig Tree Pocket, The Sanctuary, is gaining interest in one of Brisbane’s blue-chip riverside suburbs.

With only 23 homesites, the development is located 10km west of Brisbane’s CBD.

Colliers International residential director Clinton Trezise said: “Fig Tree Pocket is one of Queensland’s most highly sought-after suburbs, with online property searches more than twice that of the state average.

“We have had plenty of interest since launching the development in early March, receiving over 100 inquiries in the first week. Most from families in the immediate area and some from the surrounding suburbs.

“Fig Tree Pocket has long been a desirable suburb for buyers due to its riverside location close to the Brisbane CBD, along with its abundance of open space and recreational amenity.’’

He said homesites range from 450sq m to 780sq m and are available from $475,000.

“The homesites offer wide frontages and generous depths to allow for a range of home designs,” Mr Trezise said.

LH Property Partners director Rob Laffey said one of the features that sets the boutique estate apart from others was the established dense green surrounds that created an unexpected private sanctuary.

“Those leafy surrounds will be enhanced by the high level of planned landscaping, streetscapes and rehabilitation for this new community. A lot of work has gone into the preparation and engineering of the site to deliver near level homesites, saving purchasers thousands of dollars in potential construction costs for their new home,” Mr Laffey said.

House and land deals start at $775,000.