Civil and subdivision works have started on a new $118 million housing estate at Barden Ridge.
Chinese-based company, Dahua Group, which entered the Australian market in 2014, is developing the 14.6 hectare “boutique estate”.
It is the first large-scale housing development on a greenfield site in Sutherland Shire since Greenhills Beach.
Civil contracting company, Western Earthmoving, which is based at Seven Hills, is constructing the 136-lot subdivision.
Managing director Graham Ragg said the company had constructed more than 70 per cent of the land developed in the shire since 1980.
Mr Ragg said 15 local businesses would assist, undertaking some of the required works which included sewer and water, landscaping, surveying, earthworks, roadworks, electrical and lighting and concreting.
Dahua purchased the land from the Gandangara Local Aboriginal Land Council in December, 2016.
The group’s development director Kith Clark said in a statement the company was committed to delivering a neighbourhood in which residents would be proud to live.
The company said “over 50 per cent” of the first stage of 49 lots had been sold.
“Dahua is offering purchasers a five per cent deposit and delayed settlement until the second half of 2019,” the statement said.
“A variety of lot sizes from 550 square metres to 890 square metres are for sale in The Ridgeway with prices starting from $799,000,” a spokeswoman said.
“House and land packages from leading Sydney builders including Rawson, Metricon and Brolen Homes are priced from $1.2 million.”
The sales office is located at 310 Illawarra Road, Barden Ridge, with inspections by appointment.
Visit: theridgeway.com.au or call 1300 217 394.
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