General News
3 March, 2024
Majority of blocks sold in first major subdivision
CONSTRUCTION of new homes on the Loddon’s first major residential development could start later this year. Just over 12 months after being released, 10 of the 15 blocks in stage one of Bridgewater Rise have been sold, says McKean McGregor’s Drew...
CONSTRUCTION of new homes on the Loddon’s first major residential development could start later this year.
Just over 12 months after being released, 10 of the 15 blocks in stage one of Bridgewater Rise have been sold, says McKean McGregor’s Drew Stratton.
Stage two of the development has another 15 blocks with land facing the Calder Highway also owned by Josh Cummins’ family consortium earmarked for another 35-lot subdivision.
Mr Stratton is marketing the Bridgewater estate as an alternative to developments in Bendigo.
Loddon Shire CEO Lincoln Fitzgerald told councillors on Tuesday that the council had started the process of selling land that could be used for housing blocks.
And he said council was investigating options, including government funding for subdivision options of land and what active role council would take in developing housing options.