NEWS

View the latest news from Ron Bakir and Homecorp Property Group.

Ex-pineapple plantation to become $500 million residential community

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THE FIRST blocks have been released at a $500 million residential community in Central Queensland.

Developer Homecorp will convert the 130ha former pineapple farm into 950 lots during the next decade with about 2500 people expected to live at The Pines on completion.

The masterplan includes various lot sizes and home designs, retail space, 55ha of surrounding commercial land, more than 25ha of open space plus 10km of walking and cycling paths.


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Homecorp CEO Ron Bakir said the precinct was integral to economic development and job creation for the Capricorn Coast.

More than $2 million has already been spent on infrastructure and roads including the intersection of the Rockhampton Yeppoon Rd and the future The Pines Boulevard.

“Over the next 10 years, The Pines will help create more than 500 job opportunities for the region,” Mr Bakir said.

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He described The Pines as one the most significant residential development’s in Yeppoon’s construction history, promising it would revolutionise the property market in the area while bringing Australia’s leading broadband and communication technology to residents.

The sales centre would show an overview of the masterplanned community, including all recreational and open spaces while a home design centre would allow buyers to use an interactive touch screen to visualise individual house designs on a block within the community.

An upgraded trail will lead from the Yeppoon CBD to The Pines community, family-friendly dog parks and an all-weather sport and recreation precinct.

“It’s a special moment for me as CEO of Homecorp to witness the start of something so special,” Mr Bakir said.

“This place will be home to thousands of connected and happy people all enjoying the unique benefits of a cutting-edge community that everyone will want to be part of.”

For more real estate news, pick up today’s Real Estate lift-out in The Courier-Mail.

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