Affordable house and land sold at Johnston Ridge

The first six ‘affordable house and land packages’ in Johnston Ridge were sold on Friday.

They are the first house and land packages to be sold in the Palmerston suburb, as part of the Northern Territory Government’s Home Buyer Initiative.

The highly sought after packages, priced from $368 000 to $460 000, were released to approved purchasers in the initiative and sold on a first in, first served basis.

Derreck Gepp, who was the first successful purchaser, said it was life changing.

“It was a nervous wait to see if I was one of the lucky six – I did a bit of dance when I found out,” he said.

“Being first meant that I could choose from the lots. It had to fit a boat and quad in it and I liked that Johnston Ridge has decent sized blocks, a good layout and a nice feel with the surrounding bush.”

Urbex General Manager Wayne Rex said the company had worked closely with government and local builders on generating affordable house and land packages.

“Urbex is committed to providing a range of affordable home options for Territorians and seeing them fulfil their dream of home ownership,” Mr Rex said.

“A successful community allows for diversity and we, along with the government and local builders, have worked hard to deliver a range of quality house and land packages at very affordable price points.”

The house and land packages included home designs by Abode New Homes, About Homes NT, Beare Homes, the Bendella Group, Habitat, Kassiou Constructions, Killarney Homes, NIMM Constructions, The Total Group, Tropical Lifestyle Homes and Vanguard Homes.

To be eligible for the initiative, buyers must meet eligibility criteria including income limits and have finance approval in-principle.

Mr Gepp, will build with Vanguard Homes, said he’d done his research over the last three months.

When complete Johnston Ridge will feature 284 mixed lots of single and multiple dwelling homes with single dwelling lots ranging from 607sqm to more than 1900sqm.

More than eight hectares of the suburb is dedicated to parklands and conservation of the natural environment.

Territorians looking to buy land in Johnston Ridge are able to view the scaled model, development plans and the vision for Johnston Ridge at the Urbex Realty, Sales and Information Centre at 18 Cavenagh Street, Darwin.

For further information visit www.johnstonridge.com.au or call Janzey Pratt on 1300 556 950.

For more information on the Home Buyer initiative in the NT visit www.housing.nt.gov.au/.