Located in Busselton, Western Australia, the Embark Busselton project is a 136ha master planned community which sits at the gateway to the Margaret River wine and surf region and 3.6kms from the town of Busselton.
The development features a new local supermarket, parks and playgrounds, new retirement living options and a town centre. Embark Busselton will be on larger blocks (averaging 650sqm) with plentiful trees and vegetation, and a focus on community connection. The project building partners have established a display village of 12 housing lots. 50 lots have been sold to date in Embark stage 1 and Yalyalup Corner, representing over $12m in sales, a pleasing take-up considering current sentiment in the general property market. Stage 1 civil works are progressing well with completion anticipated in July/August of 2023.
Project Value
$37m
Term
24 months
Facility
First mortgage, construction and development loan