PARADISE ON THE EDGE OF TOWN.
This immaculately landscaped release of 67 blocks of land was presented to the market in the mid 2000’s on the outskirts of Dubbo, a thriving town of around 38,000 people in NSW’s Central West. Virgin farmland was transformed into an idyllic riverside development just minutes from the city’s thriving heart. Laser aligned roads with full curbing, concrete footpaths, underground power and decorative paving resulted in a unique and visually stunning mini suburb.
Strategically positioned close to schools, shopping and main arterial roads, Regand Park was a landmark development for South Dubbo. Blocks of land were priced from around $125,000 which was a premium price for Dubbo at the time, yet properties sold briskly. Today, completed homes in Regand Park sell in the high $500 – 600,000 range, well above the city’s median of $3-400,000 price for 3-4 brm homes.*
As you stroll around the quiet streets and admire the high standard of the houses, you’ll appreciate how the developer’s ambitious hopes for Regand Park have been fully realised. Not only have homeowners experienced solid capital growth, they are enjoying a safe, rewarding lifestyle flanked by parks, mature trees and the gently flowing Macquarie River.
*Source: Fairfax Suburb Profile, August 2016.
SHARE IN OUR SUCCESS
The Lee Dillon Group invites proposals from organisations in the real estate and property development industry who wish to restore their businesses back to commercial viability. This is a unique opportunity to leverage our experience and principles to generate wealth and make viable businesses, which may currently be underperforming or failing to realise their potential and come alive again.