Ingenia Communities has further strengthened its Queensland development pipeline, announcing the purchase of a new land lease community site within the Townsville North Shore precinct.
The acquisition adds another substantial Queensland asset to the award-winning Ingenia Lifestyle portfolio, reinforcing the group’s strategic expansion in its strongest-performing state.
Subject to approval, the future community is expected to deliver approximately 300 new homes, with civil works anticipated to begin in the second half of 2026 and the first homes to commence construction in 2027.
Plans for the community include an architecturally designed clubhouse, sports precinct, caravan storage and a suite of lifestyle and recreational amenities designed for active, over 50s living.
Ingenia acquired the 13.3 hectare site from primary North Shore Townsville developer Oreana. Located in Burdell, 12.5 kilometres from the Townsville CBD, North Shore is one of Queensland’s largest and most successful masterplanned communities spanning over 900 hectares and featuring residential, retail and community components set amid extensive parklands and open space. When complete, it will feature approximately 5,600 homes, a large town centre, three state and private schools, and much more.
Ingenia Communities CEO John Carfi said the acquisition represented a significant strategic milestone in the company’s expansion across key regional markets.
“Townsville is one of northern Australia’s most important hubs, with strong fundamentals across defence, health, education and logistics,” he said.
“With a population a little over 200,000 and continued demand for diverse, attainable housing options, North Shore is an ideal location for our next land lease community. We are pleased to be bringing another high-quality Ingenia community to Queensland.”
The North Shore site benefits from immediate proximity to established amenities, including Woolworths and Aldi supermarkets, Bunnings, a GP super clinic, tavern and café. Oreana Group has plans for future stages of the North Shore Town Centre.
Mr Carfi said the Townsville opportunity aligned strongly with the company’s strategy to grow its Lifestyle portfolio in markets with strong economic fundamentals.
“Townsville’s ongoing investment pipeline, combined with its tropical lifestyle and proximity to the Great Barrier Reef, makes it one of Queensland’s most attractive regional markets,” he said.
“This acquisition strengthens our Queensland presence, particularly in Townsville where there is already an existing Ingenia Holidays park, and allows us to continue delivering high-quality communities that meet the needs of Australia’s growing over 50s population.”
Oreana Managing Director Tony Sass said North Shore aimed to cater for all demographics and welcomed the inclusion of Ingenia Communities.
“We are pleased to welcome Ingenia Communities to North Shore. Their experience in delivering high-quality land lease communities complements our vision for this community and will contribute to a diverse and vibrant residential offering,” he said.
“Unlocking 300 homes for seniors complements our plans to increase lot production at North Shore to cater for continued demand in both Townsville, and in this leading, established community.”
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