A $2 million residential development, ‘The Terraces’, has been proposed for vacant land in west Deniliquin.
Sydney-based company 8 Figure Developments has lodged a development application with Edward River Council for the construction of 15 two-storey modern terraces, to be located on two sites on the corner of Ballantyne Crescent and Henry St.
The site’s two blocks have a combined size of 3000 square metres.
8 Figure Developments director Steve Temelkovski said the proposal was drawn up after the company recognised Deniliquin as a ‘‘growth town’’.
‘‘With such big proposed infrastructure projects to come, such as the ethanol plant, airport expansion, solar farm and police station, we identified Deniliquin as a town with great growth potential,’’ he said.
‘‘The housing development will benefit the whole community as there isn’t a lot of new housing infrastructure being developed in the area.’’
They will feature a courtyard at the front, double garage, air conditioning, and modern LED lighting. Mr Temelkovski said the terraces, approximately 160m2, will incorporate a ‘‘family style environment’’, however could also be suited to couples or professionals.
‘‘This project will be fantastic for the community because there is a shortage of good quality, new housing,’’ he said.
‘‘There is no maintenance of a big house and yard; the terraces are clean, modern and energy efficient and will bring a touch of the city to the country.’’
Mr Temelkovski said the development is a ‘‘massive positive’’ and is expected to improve Deniliquin’s long-term housing affordability.
‘‘We don’t want people leaving Deni, and this will generate interest for the town and provide people with the opportunity to purchase a brand new home built for families,’’ he said.
‘‘Quality housing is needed in order for a community to prosper and the development will offer more growth opportunities and attract new residents.
‘‘Ideally, we’ll keep the construction and other stages of the project local so it will benefit the whole town.’’
Mr Temelkovski said individual terrace buying prices would be determined following council approval.
Edward River Council general manager Adam McSwain said he encourages interested residents to come forward with any questions or queries regarding the proposal.
“Council’s Planning and Environmental Services team has been liaising with the proponent since December 2014 to progress this application, and we are pleased the proponent has determined to proceed with this application,” Mr McSwain said.
“The subject site is vacant, undeveloped land and it is encouraging to see interest in pursuing this kind of development here in the Edward River region.
“The public exhibition period is for 14 days, and I encourage any interested members of the community who would like to know more about the application to contact our Planning and Environmental Services team, who are happy to answer any questions that they may have regarding the application.”
Mr Temelkovski said 8 Figure Developments may also put forward a proposal for the construction of a cold storage facility in Deniliquin if the airport expansion was to eventuate.