Villa World adds more Plumpton house and land lots

Villa World adds more Plumpton house and land lots
Staff reporterDecember 7, 2020

The residential property developer Villa World plans a 273-lot subdivision in Melbourne’s Plumpton.

It has entered into a development rights agreement over a 15 hectare site.

Set within Melbourne's north-western growth corridor, close to Caroline Springs, Villa World continues to grow its foothold in the Plumpton corridor.

Villa World Victoria state manager Andrew Ashwood noted the company had the 165-lot Sienna project.

Since 2015 Villa World have seen strong sales at Sienna Rise and Sienna North, to be followed by a further 382 house-and-land lots nearby, Ashwood said.

The latest Plumpton development will offer homesites averaging 400 square metres and priced from $325,000.

Villa World is also progressing its joint venture with Ho Bee Land Limited to develop a 15.73 hectare site located in Wollert, 25 kilometres north of Melbourne CBD.

Overall, the Company continues to benefit from strong national sales, new partnerships and earnings from joint ventures.Established in 1986, Villa World is an ASX300 listed residential property developer, specialising in contemporary Australian homes and land, in master planned communities in the east coast States.

Editor's Picks