News

July 20

Operational Works and Building Approval are being finalised with the required presales now secured. Construction is due to commence mid September with completion June 2011.

May 31

With another strong week of sales, we have now sold 15 of the 18 townhouses within Amarco. In addition to this, we have great news for all our investors, as we have secured NRAS approval over the development for all our investors who wish to take it up. It pushes the returns on the development from around 5% up to over 8%. In two years, these townhouses will be cashflow positive. Please note we have 3 townhouses remaining, so feel free to give us a call to secure one of the remaining Amarco townhouses. They are priced at $318,000 to $321,000.

May 18

Strong progress to date with 8 townhosues sold and 4 on hold. Amarco is pushing forward and getting great feedback on the environmental credentials of the development. Construction finance is being finalised and construction start dates are moving forward.

March 21

House Values 2020 article in the Sunday Mail 21.03.10 lists Redbank Plains Median house prices as:

2009 $309,000

2012 $424,360

2015 $499,901

2020 $1,094,338

March 3

Did you see us on Today Tonight? Have a look at the story...

March 1

Sales are progressing well with 5 signed contracts so far. Momentum is building well and we look forward to seeing how well the public responds to the long awaited coverage on Today Tonight this week.

February 18

Amarco receives good online media coverage! Please click on the links below...

Ministerial Media Statement

Green Townhouses a six star first!

6 Stars for sustainable homes

Energy efficient townhouses opened

Also keep an eye out for Today Tonight next Wednesday 3.03.10 for a story about Amarco!

February 17

Launch was a great success with Mayor Paul Pisasale and the Hon Kate Jones attending. We have had a great start with 5 deposits taken. Please contact Jason Amos on 1300 887 887 to arrange an inspection of the display.

February 13

Official Launch of Amarco at 5 Bruce Street, Redbank Plains. All welcome. To be launched by the honorable Kate Jones, Minister for Climate Change and Sustainability.

February 1

www.amarco.com.au website goes live.

With our software you can add your own images, music, text and links quickly and easily. The 'Toolbar' at the top of the page, and the 'Editor' which floats on the page, will help you do this.