Hey people,
I have heard a few things of late about Villa World developers and was wondering if anyone had any experience with them or their properties? Apparently they specialise in Residential houses in QLD, but have recently expanded into NSW and have done some commercial work such as a new Gold coast development. They seem to say that they are quite large I just wondered if anyone had any experieces they would like to share. Even if you don’t perhaps people could suggest ways of checking a developers creds, I have a list of some other developments they have completed. Any advice is appreciated.
McDeyess
I think that they’re quite big in Queensland. Apparently they develop these massive apartment complexes.
Sorry – that’s all I know.
Don’t knock Villaworld, I’ve got shares in it!
They are well established in Queensland (Brisbane). They buy a large tract of land and then build a mix of housing onto the land – detatched houses and townhouses (2 to 3 bedrooms) and generally include some recreational facilities ranging from BBQ area, pool and tennis court. The complex tends to come with an on-site manager. The detatched houses will tend to have a garage (maybe 2) and the townhouses have a carport – at least in the couple of complexes that I have seen.
I would not say that they build to the highest quality, but certainly not the worst, and the prices tend to be reasonable. I have no idea as to the mix of owner-occupied versus rented within the complexes.
You can check out their history at the QBSA (Queensland Building Services Authority).
Thanks for the tip Birdman I will check it out. I am looking at a couple of estates they are building in a North Brisbane suburb. One is mainly stand alones houses on small blocks, while the other is more the semidetached townhouse style you refer to.
Regards,
McDeyessIs one of them at Hendra?
You would want to avoid any of the houses that are close to the main road that goes from Sandgate Road out to the Airport, probably would get a bit of traffic noise. Ones on the other side of the complex should have the noise muffled.
It is not such a bad location, close to Toombul Shopping Centre and a reasonable run into the city. Probably a bit far to walk to the train station though.
There was a recent complex completed at Bridgeman Downs / Aspley on Albany Creek Road, again a main road, but close to the Hypermarket.
The only other Northside one I can think of is over at Carseldine (I think). Have not seen this one.
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] Hi,u can find out more on http://www.asx.com.au under List Company / Company Annouancement, their asx code is VWD.
Cheers.
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