Luxury developer Azure grows its portfolio with approval for $60m terrace project in Brisbane’s west

The development, named Augusta Parkway, is the latest in a series of developments proposed or under way by Azure in the Ipswich region including the $60 million Munro by Azure – a 100-townhouse development currently under way at Bundamba.  

Earlier this year, Azure gained development approval for a luxurious $72 million terrace-homes project at Brookwater, within a premium residential golf enclave at nearby Springfield.

The developments are part of a growing portfolio by the company in Southeast Queensland where Azure’s development pipeline currently stands at $1.3 billion.

Augusta Parkway will comprise 74 terrace homes spanning two and three levels, with their three- and four-bedroom layouts targeting owner occupiers.

The development is proposed for a 1.5ha site at 7001 Augusta Parkway which is located less than 5km from Springfield Central train station and Orion Springfield Central Shopping Centre.

Azure’s director Trent Keirnan says the project aligns with the company’s strategic growth plans and commitment to delivering quality residential options in the booming Ipswich region.

“Augusta Parkway epitomises our dedication to timeless design and meticulous craftsmanship,” says Keirnan.

Situated in an elevated position, Augusta Parkway provides residents with the company’s signature AClub facilities including a wet-edge pool, separate kids pool, multiple sun lounges and day beds, surrounded by sub-tropical landscaping.

“We’re expecting Augusta Parkway to appeal particularly to owner occupiers seeking a low maintenance lifestyle who opt for a terrace community over the traditional house and land package, as well as sophisticated investors seeking a quality investment,” says Keirnan.

Azure plans to sell Augusta Parkway in three stages, with the first release to market planned for October.

Construction of Augusta Parkway is poised to start in the first quarter of 2025.