April 18, 2016

A SYDNEY couple has paid a record $288,888 for a block of land in Watagan Park, Cooranbong.

The sale exceeds by $20,000 the residential community’s previous highest sale price for a block.

The 870-square-metre block was purchased by married couple, Penelope Jackson and Luke Cuscuna, of Dural, who said they bought for lifestyle reasons and to be “close to water”.

Johnson Property Group (JPG) managing director Keith Johnson said the record-breaking sale demonstrated the desirability of Watagan Park.

“We’re seeing a number of first-home buyers and young families coming from Sydney who see the growth potential of the area and realise they can get much more for their money here at Watagan Park compared to Greater Sydney,” Mr Johnson said.

When completed, Watagan Park will comprise 2,500 homes across land lots ranging in size from 250 to 2399 square metres.

Flat Blocks are now selling. Enquire now.

View the article here

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