Azure Development Group Secures Approval for $57 Million Dahlia Residential Estate Amidst Southeast Queensland Housing Shortage Crisis

Azure Flinders View Townhouse
Share with your networks

In a significant boost to its $1.5 billion project portfolio, Queensland-based developer Azure Development Group has secured a development application approval for its latest venture – the $57 million Dahlia Residential Estate in Flinders View.

Azure Director, Trent Keirnan, expressed enthusiasm about reaching another milestone in Azure’s mission to address the growing demand for townhouse developments in the face of the housing shortage crisis in southeast Queensland.

“We are thrilled to have received DA approval for Dahlia. Azure is committed to investing in key growth areas, creating communities that prioritize affordability and liveability, and Dahlia is no exception.”

Keirnan emphasized Azure’s dedication to delivering an abundance of residences amid the housing shortage, contributing essential housing supply, and providing diverse housing options in a city marked by thriving employment and business opportunities.

“We are eager to deliver an abundance of residences during a housing shortage and continue to contribute essential housing supply and diverse housing options in a city marked by thriving employment and business opportunities.”

The approval for Dahlia comes at a strategic time, as data from Urbis and the ABS indicate that Ipswich’s annual growth rate is expected to rise by 4.2 per cent in the next two years, with the population forecasted to exceed 424,000 by 2041. Kiernan commented on this growth for the Flinders View region.

“Ipswich is currently undergoing a major transformation and is forecast for remarkable growth potential, and we are actively playing our part in meeting the rising demand,”

Designed by Invilla Architecture, the Azure Dahlia estate will feature over 100 townhouses with three bedrooms and two and a half bathrooms. The residences, priced from $585,000 to $615,000, will offer a mix of six different floorplans. Residents can also enjoy various recreational amenities, including a 686 square meter communal lawn area and a club facility featuring a 15-meter swimming pool with a 5-meter kids splash pool, sun lounges, double day beds, and lush landscape gardens, crafted in collaboration with LAUD Ink Landscape Architecture.

The estate’s surroundings provide residents with a perfect blend of convenience, green spaces, and connectivity, with amenities such as a supermarket, Cafe 63, a bakery, chemist, and a well-maintained council park with a pedestrian footpath directly across the road.

^Azure Flinders View Dahlia Townhouse Site Plan (Image: Azure)
^Azure Flinders View Dahlia Townhouse Site Plan (Image: Azure)
Dahlia Estate Location Map by Azure Development Group (Image: Azure)
^Dahlia Estate Location Map by Azure Development Group (Image: Azure)

This approval follows the successful sell-out of Azure’s other Ipswich projects – the $50 million Seasons by Azure and the $55 million Munro estate. Construction for Dahlia is expected to commence in the second quarter of this year, with the project set to launch to the market next month.

Azure, a privately owned real estate development and investment company founded in 2014, has delivered over 1,400 terraces, units, and residential lots. The company’s active portfolio of seven developments, valued at more than $500 million, includes two luxury high rises in inner Brisbane – One Earle Lane at Toowong and One Five Six by Azure at New Farm, which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.

Share with your networks

Leave a Reply

Your email address will not be published. Required fields are marked *