More housing for Alice Springs
More housing for Alice Springs
Posted on Monday, May 20 2013 at 4:23 PM
At least 100 new lots are coming onto the market in Alice Springs, helping to ease prices and competition among investors.
The Northern Territory Government is calling for proposals
to develop the first stage of the new suburb of Kilgariff, which is the first
major residential development south of the Gap.
Chief Minister Adam Giles says stage one will boost housing
affordability and create new jobs.
“By develop Kilgariff, this government is ensuring there’s
land available to meet housing demand now and into the future, as the economy
and population of Alice Springs grows,” he says.
Giles adds the government is seeking expressions of interest
from developers for the 13-hectare site and more than $10 million is being
invested to deliver headworks.
A further $3.5 million will be granted to the successful
developer to support the construction of key infrastructure for the whole
suburb, including the main entry road, drainage and trunk sewer.
Follow us on Twitter.
Was this article helpful? Place a link to it from your website, or share it using the button below.
Recent articles:
More housing for Alice Springs
Homebuyers benefit from new laws
Falling Aussie dollar could provide a cash injection to tourism hubs
Court finds ‘subject to finance’ is not an easy way out
Housing industry slams Budget
NT Budget cash splash for housing
Leave a comment
Comments
Article source: http://feedproxy.google.com/~r/API_Property_News/~3/IuuSXG14mAw/more-housing-for-alice-springs