Intrapac Property is pleased to announce the acquisition of a 126ha residential development in Terranora, adding to Intrapac’s already successful project portfolio across northern NSW and South-East Queensland, just as its successful Kingscoast development in Kingscliff, also in Tweed Shire, comes to completion.
Terranora will add approximately 750 lots to Intrapac Property’s pipeline, with the masterplan for the site proposed to incorporate an extensive open space network of parks, walking and cycling paths, waterways and sports fields, together with a retail village centre. The site also adjoins the established Terranora Public School and Lindisfarne Anglican Grammar school communities.
According to Intrapac Property’s Chief Executive Officer, Max Shifman, “This opportunity came at the perfect time for Intrapac and is an ideal fit for our brand. We are renowned for building great communities that deliver inspiring environments for our residents, and Terranora provides a perfect canvas for us to expand on that promise. The natural beauty of the site, its topography and outstanding views will make a compelling offer for future residents.”
Just 12 kilometres from Tweed Heads and 16 kilometres to Coolangatta Airport, Terranora is a greatly sought after area due to its access to major infrastructure and amenities– an easy drive to pristine beaches, restaurants, schools, sporting facilities, clubs, medical centres and retail centres.
It is expected that sales at Terranora will commence in the early part of 2024.