EPIQ VISION COMES TO LIFE

The new $4 million Montwood -Hutley Drive connection road at Lennox Head has opened to traffic, as construction moves full steam ahead on Clarence Property’s EPIQ Lennox community.

The new 1.3 kilometre thoroughfare provides access to EPIQ’s new community sporting fields, which include an AFL ground, two rugby fields, two soccer fields and two synthetic cricket pitches.

The new road has opened in line with the completion of work on EPIQ’s latest residential precinct, with purchasers of the 82 home sites in Release two – which sold out in one night for $23.5 million – preparing to start building their homes later this year.

EPIQ is already home to around 40 families, and Clarence Property Managing Director Peter Fahey says he expects the community will grow quickly now that people are able to drive through it and access the sporting fields.

“For the first time, people are able to really see EPIQ coming to life as a new community,” he said.

“EPIQ will prove to be a new community destination for Lennox locals, benefitting from a raft of new facilities including a new shopping village, childcare centre, sporting fields and parks. 

“The first three residential releases, which are all sold out, have homes complete, underway or soon to commence construction, so by the end of 2018 we should have around 50 families living at EPIQ, with an additional 60 to70 homes under construction.”

Mr Fahey said there were still a limited number of home sites remaining in Release 4, which represents the last opportunity to buy land at EPIQ for under $400,000.

“The current land release is located within walking distance of EPIQ’s planned $30 million neighbourhood shopping centre, which is currently with Ballina Shire Council for approval and is expected to include a major supermarket, plus specialty stores and parking for 277 cars,” he said.

“Major earthworks on the shopping centre are expected to be completed by mid-2018, with construction on the shopping centre to commence later in 2018. Construction of the centre will take 12 to 14 months to complete.

“The delivery of the shopping precinct will not only benefit new and existing EPIQ residents, but also the wider Lennox Head community who will no longer have to commute to Ballina and surrounding regions for a full-line supermarket.”

Release four home sites are priced from $360,000 and Elders Lennox Head agent Michael King is now taking expressions of interest.

Mr King says EPIQ is drawing interest from purchasers looking to live in a family friendly, amenity rich location.

“In any market, demand for property skyrockets when there are services and lifestyle facilities nearby, especially within easy walking distance,” he said.

“I expect there will be a strong interest in Release 4 home sites and equally strong demand from retailers keen to take up one of the specialty stores at the heart of this new community.”

For more information or to register interest in Release 4, please visit www.epiqlennox.com.au 


RELEASE 2 CONSTRUCTION WELL UNDER WAY

After the overwhelming response to the launch evening of Epiq Lennox Release 2 last year, where developer Clarence Property saw a $23.5 million sell out of all 66 lots which made up this release, construction has now begun on many of these new homesites.

The above video shows drone footage of the extensive works currently being undertaken of the construction of Release 2, which is set to continue after the recent response to the launch event for Release 3 last month. Make sure you visit our Contact page to register for the launch of Release 4, which will be announced soon.


LENNOX DEVELOPMENT NETS EPIQ $26.8 MILLION IN SALES IN ONE NIGHT

Clarence Property’s Epiq Lennox Head development has had a back-to-back 24 hour sellout of two land releases, with the latest buyer rush netting $26.8 million for 78 homesites in the beachside community.

All 78 homesites in release three sold out in one night during a ‘ballot’ sale, with more than 500 people  attending for the chance to secure a lot, with names drawn out of a barrel to provide a fair opportunity for all prospective purchasers.

The sellout was a repeat performance of the same-day sellout of release two in June 2016, when 82 lots sold by ballot for a total of $23.5 million, with 116 registered buyers.

Homesites in release three sold for an average of $344,000 and ranged from 578sqm to 1274sqm, averaging 600sqm.

Epiq Lennox Head is a masterplanned community, which will ultimately comprise about 480 dwellings, along with a neighbourhood shopping village, which is expected to start construction later this year, and sporting fields, which will open to the public in early 2018.

Clarence Property Managing Director Peter Fahey says approval is already being sought for release four to keep pace with buyer demand.

He says the success of the community is due to its relative affordability for those looking to live in a beachside location within proximity to Ballina, Byron Bay and the Gold Coast.

“The majority of purchasers have been first time buyers and young families who are not able to break into the beachside market elsewhere, and have realised that recent road upgrades mean they can easily commute to major job centres while maintaining a more affordable lifestyle in Lennox Head,” he said.

“The community is already starting to take shape with the first residents from release one moving into their homes in recent weeks, and another 30 homes currently under construction.

“We have just lodged a development application for release four, which will include a mix of homesites and the first medium density dwellings on offer at Epiq, adjoining the future shopping village and a planned childcare centre.

“I encourage prospective purchasers interested in release four to register their interest to avoid disappointment, as we expect these homesites will again be sold by ballot in one day.”

Epiq Lennox Head is being marketed by Michael King of Elders Real Estate, who says the community is one of the best performers in the Northern Rivers region.

“Epiq is nearing the half way mark in terms of land sales, and it has only been on the market for about 18 months. To sell more than 200 homesites in that timeframe – with more registered buyers than lots available – shows just how strong demand for land in Lennox Head is,” he said.


LOCALS HELP CREATE NEW LENNOX DEVELOPMENT

The new $200 million Epiq Lennox Head development will create up to 580 jobs over the next five years, with the majority of work to be given to locals according to developer Clarence Property.

Epiq, which is currently the largest privately funded civil works project between the NSW mid-north coast and Queensland border, will deliver up to 335 jobs during its construction phase, with a further 245 ongoing jobs to be created at and supporting the project’s planned shopping precinct.

Construction is complete on the sold out first stage of the community, comprising 51 homesites and sporting fields, with the majority of work undertaken by contractors from the local region.

Clarence Property managing director Peter Fahey says he has already awarded $16 million in planning and construction work to Northern Rivers businesses and is committed to supporting local employment and economic growth as the project progresses.

Some of Epiq’s stage one contractors include Lismore-based town planners, surveyors and engineers Newton Denny Chapelle, Ballina-based civil contractors Morgans Earthworks and Lennox Head-based environmental planners GeoLink.

“It’s important for Lennox-Ballina residents to be able to take ownership of Epiq – this is a project being created by the community, for the community,” he said.

“We feel that by employing local businesses we are engaging people with the best knowledge of the region and the passion to create a place that will be a lasting legacy for their families.

“Aside from the social benefits, the economic flow on effect of keeping jobs local is astounding – particularly in regional areas. It’s estimated that the economic benefit of a local developer employing local workers is three times greater than a non-resident developer enlisting a team from surrounding areas, interstate or overseas.

“It makes sense to employ people who will spend most of their wages locally at the end of the working day so the whole community benefits.

“About 70 per cent of people who have purchased in Epiq to date are from the Lennox-Ballina area, so we are really investing in the lifestyle of our future residents.”

Clarence’s local employment drive has already come full circle, with local resident and Epiq civil engineer Josh Blackler securing a homesite.

Mr Blackler says he is excited to purchase in the community he is helping to build.

“I work for Newton Denny Chapelle, a Lismore-based firm which was awarded the contract to design and project manage the civil works for the first stage of Epiq, so I’m on site every day,” he said.

“I was impressed with the masterplan – particularly the inclusion of a shopping centre and sporting fields- so I looked into pricing for the first stage and decided to buy a homesite the same week I married my wife Cassie.

“We’ve just had our second child and we’re very excited to be raising our family in this new community, as I grew up in Lismore and have always loved visiting the beach at Lennox.

“Working at Epiq means that I can watch our new community take shape and I’m really looking forward to moving into our new home early next year.”

For more information , please visit www.epiqlennox.com.au or www.clarenceproperty.com.au