Frasers Centrepoint’s Australian arm to buy $270m southeast Queensland project
It’s located between Brisbane and the Gold Coast.
The Australian arm of real estate firm Frasers Centrepoint boosts its investments in southeast queensland as it acquires a 135-hectare site at Bahrs Scrub.
According to a press release by Frasers Centrepoint, the site will provide housing in the Logan growth corridor.
“The master-planned Bahrs Scrub site – which has not yet been named – provides for 1,350 detached housing lots which will become home to more than 3000 residents, with natural waterway corridors and an abundance of green space providing panoramic views of the region,” the statement said.
According to the release, the site will have a retail hub of 6,000-7,000sqm along with recreational green spaces.