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Developments under way

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Jun. 19 / 2014

■ Gulf Harbour’s 1000-home Fairway Bay development is already preparing for the release of its second stage, with stage one almost sold out.

The first nine houses are now under construction.

Stage one included a combination of some lot and house and land packages ranging from $400,000 to $870,000.

Around 31 of the 37 sites are sold with stage two coming to the market in the next few months.

Fairway Bay will include a range of homes from big properties, to town houses, apartments and retirement living.

A swimming pool, tennis court and pavilion are also on the books.

A separate section of the development called The Point, which includes 28 high-value lots of land between $750,000 and $1.5 million, is almost complete.

In September, work will start on the third stage of Fairway Bay, called Marina View, with 39 lots being prepared.

Finished house and land packages will be priced around $599,000 and be on the market in June next year.

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