- Greyburn apppointed by Frasers Property to complete Minnippi Quarter
- Construction halted on the project when contractor Condev collapsed in March
- Has since resumed and is projected to finish later this year, delivering 172 townhouses
Local builder Greyburn has been appointed to complete Frasers Property Australia’s Minnippi Quarter development, in Brisbane’s eastern suburbs.
Construction was halted on the $121 million master-planned community after former contractor Condev collapsed in March, but has since resumed with the engagement of Greyburn.
The Gold-Coast based construction company will complete the remaining homes inHaveR Release Three and Four, in addition to civil works at the 5.2 hectare Carina site.
Once finished, Minnippi Quarter will deliver 172 new boutique terrace homes, 20 land lots and associated resident amenities to the market.
Greyburn recommences construction
Minnippi Quarter will join Greyburn’s rapidly expanding south-east Queensland portfolio, which includes projects such as Hope Island’s Palladium and Biggera Waters’ ORO Apartments.
John Kearney, Greyburn Co-Director, said the company is well positioned to deliver the remaining works on the incomplete Minnippi Quarters project.
“We’ve worked closely with Frasers Property to ensure sub-contractors and suppliers have been looked after, and to ensure a smooth transition of the construction contract,” said Mr Kearney.
“We look forward to delivering Minnippi Quarter into the hands of its new residents later this year.”
John Kearney, Greyburn Co-Director
Greyburn Co-Director Aaron Hook added that the company is proud to be working alongside award-winning developer, Frasers Property, to deliver Minnippi Quarter.
Frasers Property Development Director Jason Flanders expressed the company’s pleasure at partnering with Greyburn to recommence works on the project.
“Greyburn shares our commitment to the high standards our buyers have come to expect from our master-planned communities,” he concluded.
Despite the construction setback, Minnippi Quarter has been well received by buyers with all freehold lots already having been snapped up.
The master-planned development will offer 172 townhouses, ranging from two to four bedrooms.
Residents of the community will also enjoy a large array of amenities, including a 25-metre infinity lap pool, gym, entertainment spaces and an on-site community hub.
Prices begin at $485,000 for a two-bedroom townhouse.
