THE developers of a housing estate in Baranduda have ruled out earlier plans for a 1000-lot subdivision and, instead, will stop at a little under 400 lots.
An application to subdivide the second stage of Glenwood Estate, bounded by Baranduda Boulevard and Avalon Road, will be available on the Wodonga Council website for public submissions until July 14.
It reveals Melbourne-based developer QOD Property Group is seeking to subdivide the rest of its 90-hectare property into 305 lots, alongside the 67 existing lots from stage one.
It’s a far cry from the 1000-lot subdivision that had been first proposed when the land was bought in 2010, and the project began — to public uproar — in 2011.
QOD bought the land from the Albury Wodonga Corporation for $10 million. At the time, it was reported the company had bought all of the prime real estate, stretching from Krueger and Quoll roads to Boyes Road.
But half of that block, from Boyes Road back, still belongs to the corporation.
Project manager Tony Collins said the group had “considered taking it all on” but had decided against it.
He said maps in the application indicating well over 400 lots were incorrect and included to give an impression of what the site “could” look like.
“It’s in the overall plan but it’s not what we’re doing,” he said.
Mr Collins had no comment as to whether there were plans to buy the remaining land for future subdivision.
He said the company was focused on “developing the land we own”.
The application provides for the 305 lots to be sold in seven stages, with lot sizes ranging from 348 to 916 square metres.
The largest block is expected to be 1513 square metres and the smallest, just 300 square metres.
Glenwood stage one, incorporating streets such as Rod Laver Way and Margaret Court Drive, still has 12 of its 67 lots for sale. Prices for the blocks range from $90,000 to $150,000.