More housing for Alice Springs

More housing for Alice Springs

Posted on Monday, May 20 2013 at 4:23 PM

At least 100 new lots are coming onto the market in Alice Springs, helping to ease prices and competition among investors.

The Northern Territory Government is calling for proposals
to develop the first stage of the new suburb of Kilgariff, which is the first
major residential development south of the Gap.

Chief Minister Adam Giles says stage one will boost housing
affordability and create new jobs.

“By develop Kilgariff, this government is ensuring there’s
land available to meet housing demand now and into the future, as the economy
and population of Alice Springs grows,” he says.

Giles adds the government is seeking expressions of interest
from developers for the 13-hectare site and more than $10 million is being
invested to deliver headworks.

A further $3.5 million will be granted to the successful
developer to support the construction of key infrastructure for the whole
suburb, including the main entry road, drainage and trunk sewer.

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