THE Last Piece of Golden Square is on the market.
A large four-hectare development, created by YourLand Development, has been released for sale in one of Bendigo’s oldest suburbs.
There are 56 lots available on the master plan development which will also feature a central park and a tree-planting program with particular species used to define each precinct.
The first release features 17 lots from 424sq metres to 725sq metres, priced from $154,000.
YourLand director Mark Erskine said it would suit a range of buyers.
"I think it will be mainly second and third homebuyers," he said.
"We have more than 200 people who have registered their interest for it, which is the most we have ever had for a Bendigo project.
"There are a lot of locals and also a lot interested in moving from Melbourne."
Mr Erskine said this was one of the most exciting developments he had been involved in.
“It is one of the last major development sites in Golden Square and we need to give it the credit it deserves,” he said.
“It is very exciting. It needs some high quality development; the type that people will hopefully remember forever and a day.
“That was the mindset we had when we went into the project.
“We have spent an extra 12 months going over all those little one percenters, rather than rush it and churn out a good standard development, we want to get the details right."
Mr Erskine, who has his sights set on several design awards for the project, said a huge amount of thought had been put into the development.
“For example, a council requirement is that there be stormwater retention basins at the estate,” he said.
“Instead of viewing this as a negative, we saw an opportunity to meet this requirement by incorporating the body of water into a high quality public open space at the entry to the estate.
“The two basins either side of the entry will create a bridge feel and will be an entry statement with a bold use of the words ‘The Last Piece’.
“Innovative use of earthworks and retaining on allotments will dramatically lower house construction site costs for our purchasers and will ensure high quality presentation and view lines for every home within The Last Piece.
“We really do want to win state and national awards for this. We don’t know if we will get there but we are striving to bring that to Bendigo.”
Construction of stage one is expected to start in three weeks.