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Saturday 21st March 2015

Woodlea VIP ballot a sell out success

Due to unprecedented demand, Woodlea, the largest residential community in Melbourne’s western growth corridor held a VIP sales ballot Saturday 21st March. In what was a highly anticipated release by project joint venture partners Mirvac and Victoria Investments and Properties, the first 70 lots of the Woodlea community were sold out within hours.
A total of 185 registrants attended the ballot after placing a $1,000 deposit to be in the draw to select one of 70 lots within the community.

Woodlea Project Director, Matthew Dean, said the ballot process was a great way to fairly distribute such an in demand release stating that it was no surprise they received sell-out results.

“Since taking registrations in early March, we attracted overwhelming interest; with a sellout success it’s evident that buyers want to be a part of the growing new community,” said Dean.

Upon completion, Woodlea will span 711 hectares, will include 7,000 houses and become home to up to 20,000 residents as well as featuring a Major Town Centre and Local Town Centre.

Located only 29km from Melbourne’s CBD in the City of Melton, residents will be transported with ease thanks to the nearby Rockbank train station. Approximately 30 per cent of Woodlea is dedicated to open space including walking and cycling paths, playgrounds and environmental features such as the protected River Redgum woodland, wetlands and the Kororoit Creek corridor.

“The early delivery of important community services, such as public and private educational facilities, shops, cafes and recreational spaces, has been the key driver of this unprecedented interest we have and continue to receive,” added Dean.

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