PLANS to build more than 1000 homes along the Riverina Highway may soon come to life, to add to the growing population in Thurgoona.
Hawkscote Estate will aim to be Albury's “blue ribbon” development, according to landowner Peter Starr, who is looking for a developer.
The Star family has owned the land, opposite the Kerr Road intersection, since the 1960s.
A blue print has been in the making since Albury Council's Local Environmental Plan in 2010 and the land has since been zoned as residential.
“It's been in the making for six years, with some ups and downs,” Mr Star said.
“As a family we have always regarded it as a blue chip property as far as finishing cattle off.
“There's been steers and bullocks that have come off over the years which have topped local markets and topped Melbourne markets – that sort of stuff.
“It's a change in the guard and a change in times. Nothing stays the same forever.
“We will miss it, but the sale will give us opportunities to expand elsewhere.
“It seems to be the growing part of the Border and I'd like to think it would possibly be the blue ribbon development area of Albury.”
The 150-hectare block sits well above the flood plain and will be developed to include 1020 lots, ranging from 500 to 4000 square metres.
There will be two corner shops, an early learning centre and several reserves. Views include the Murray River, Hume Dam wall, snowy mountains and Monument Hill.
“We got it to a stage where the majority of the development application information is provided,” Mr Star said. “There are Aboriginal impact statements, environmental statements, European heritage statements, traffic impact analysis.”
Marketing agent Stephen Paull, of Paull and Scollard, said it was also just minutes from the Albury CBD.
“The potential this block has with its aspects and layout, So close to Albury, it is pretty unique,” he said.
Work will get under way after the land is sold to a developer and the development application approved.
- Real Estate: Domain