Rare opportunity at Stockland's Cloverton masterplan as Kincaid release exclusive townhouse offering
A rare opportunity has opened up at Cloverton, the largest masterplanned community currently being developed across the whole of Victoria.
Builder developer Kincaid, who cover everything from developing apartments towers in Melbourne to building houses within new neighbourhoods, are creating just six contemporary townhouses in Stockland's $4.6 billion masterplanned community in Kalkallo, near Donnybrook, 30 kilometres north of Melbourne.
The four-bedroom townhouses offer a fully turnkey solution, and flexible living arrangements to suit guest accomodation and the now essential work from home space.
Kincaid's General Manager of Sales, Jason De Felice, says their experience developing in Ivanhoe, Preston and Kew has influenced their design of the striking townhouses.
"We're trying to bring that level of design to Cloverton and create a point of difference in the community," De Felice says.
"Like every development we do, but particularly in the townhouse space, we always try and step into the mind of the end user. We try and visualize ourselves living in it."
Cloverton Townhomes by Kincaid
Kincaid's attention to detail has seen them push the envelope past what's expected in a new townhouse.
"We're giving our residents porcelain tiles over ceramic, 40mm stone in the kitchen compared to the standard 20mm, rainwater showers and high-end tapware.
"They might not seem like major points of difference, but it shows we go to the nth degree for our buyers."
The fact that the property is fully turnkey is something Kincaid pride themselves on. Some developers leave out cooling systems and landscaping, but Kincaid cover everything so they buyer can pick up the keys and live in the home immediately. There's even covering the Community Structure Levy Fee for buyers.
About 3,000 residents already call Cloverton home, with the first phases of infrastructure already complete in the 1,141 hectare development which began back in 2015. That number will grow to over 30,000 in the next three decades.
Cloverton Townhomes by Kincaid
Cloverton is remaining true to nature, with 80 hectares of conservation area to be untouched. That's around the size of 11 MCG's.
There's been a significant number of owner-occupiers, from first home buyers and young families to retirees already purchase in Cloverton, however more recently investors are looking at the opportunity due to the area's significant infrastructure pipeline.
There's already the Donnybrook Train Station, which connects Cloverton residents to the Melbourne CBD in 36 minutes, while another train station, and a new village bus network, are also in the works. There's eight proposed schools, a mix of private and government operated, plus tertiary and childcare options.
There is planned for a major shopping centre which will be walking distance from the townhouses.
The townhomes also have an estimated rental of $400 to $420 a week, which would represent a yield of over four per cent. Prices range between $499,000 and $579,000 for the house and land package, with land sizes starting from 174 sqm.
From signing the contract with Kincaid, the build should take around 12 months from when the concrete is first poured.