Masterplanned Riva Vue, Murwillumbah, New South Wales, prices reduced on 15 blocks

Riva Vue, a masterplanned development in New South Wales’ Murwillumbah has reduced the price of 15 of the elevated blocks in the estate.

The 24.5 hectare estate includes new residential land located off Barnby Street. Within states one and two, there were 15 sloping view blocks with a range of degrees of site-fall that have views over the Rous River and out to Mount Warning. They have been reduced in price.

The blocks range from 683 square metres to 1,420 square metres and are ranged in price from $120,000 to $160,000.

General manager for Newland Developers, Stuart Campbell, said that they are trying to move existing stock to begin new stages that are planned.

“They are speciality view blocks, providing the perfect base to build a large, elevated designer home – each of which can be architecturally designed to showcase the magnificent tree-scape backdrop on offer at Riva Vue.”

“Our decision to reduce the price of these premium view lots is to appeal specifically to both builders and home buyers that understand the potential and value of building on elevated blocks.”

Meanwhile, Oliver Hume general manager Jilliam Sheridan said that buyers could choose a builder with a speciality in elevated home construction.

“We have seen interest come from local-based home designers, especially those with an architectural flair for creating a unique home that maximises the property’s idyllic outlook and positioning,” Sheridan said.

“This really is the sale of all sales and is a unique opportunity for buyers, who are able to take advantage of current pricing and secure one of the last remaining view blocks available in Riva Vue at reduced prices, to build their dream home.”