RESIDE LIVING BALLINA A STEP CLOSER TO DEVELOPMENT APPROVAL

RELEASED FEBRUARY 2014

A BRISBANE-based developer is moving closer to a start on the first new owner occupier apartment project in Ballina for more than five years, with final amendments being made to a Development Application (DA) currently before the Ballina Shire Council.

Developer Reside Living Pty Ltd lodged its DA late last year for the $31 million, multi level project which will comprise 36 apartments above 792sqm of ground floor commercial space.

The Town Planner for the project Steve Connelly said the application was progressing well and the team were working with the Ballina Shire Council to address the issues outlined with the original DA in order to meet Council requirements for the site.

“The developer and the consultant team have been working hard to revise the plans and we’re confident that we have largely addressed the important issues outlined by Council’s professional staff,” Mr Connelly said.

“We’ve had a lot of interest and support from the general community who are keen to see Ballina prosper and consider the development of this project as a key part of that.

“Everyone involved is eager to get the project underway and help deliver what will be a milestone in strengthening local investment and confidence in the region.”

Reside Living general manager of development Simon Green said he was pleased with the progress of the application which is bringing the project a step closer to fruition.

“We’re getting excited about the prospect of delivering this project to the market very soon,” Mr Green said.

“Ballina is crying out for a project like this, so once we iron out the creases with the application it will be full steam ahead.

“Hopefully we will have the green light from Council in the coming weeks for what will be a catalyst project for the region.”

The Ballina region is currently benefiting from more than $2 billion worth of infrastructure upgrades and its proximity to major hospitals, shopping centres and airports; including the major Gold Coast Airport is attracting a renewed wave of interest from the baby boomer market.

Reside Living Ballina will capitalise on these upgrades offering 21 three-bedroom apartments, 10 two-bedroom dwellings and five one-bedroom units which will be pitched to the downsizing baby boomer and empty nester market.

Residents will have access to a communal vegetable garden, two parking spaces per unit, individual storage areas and parking for caravans.

The ground-floor commercial precinct will include a waterfront café and restaurant tenancy and four other spaces targeted at convenience and professional service providers.

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