Earthworks have begun for a big new property development in Goonellabah with the first lots set to go on the market in the next couple of months.

“Eastwood is a fresh boutique community that will offer 133 homesites across the 21 hectare parcel of land including embellished parklands, landscape and open space areas,” McCloy Group spokesperson Lahnee O'Brien said.

Ms O’Brien said Stage 1 of the development, which is located at the southern end of Invercauld Rd, would have homesites from 620m2 to over 2700m2 .

The sites include a number of benched (flat) blocks using natural site stone retaining walls.

Construction works are expected to be complete in November with lots likely to be released to the market in October/November 2019 and registered by the end of January next year.

“Stage 1 will be released to market post construction so that potential purchasers can view the unique natural landscape and diversity of homesites that Eastwood has to offer, along with the highest level of quality that will be brought to the estate including planting of mature street trees, statement entry feature and public art instalments,” Ms O’Brien said.

The first of the art instalments will be a 2m tall bronze koala called “Cuddles”.

“Significant investment in infrastructure is necessary to bring the first stage of lots to the market including a new access road, sewer pump station, stormwater detention and commencement of vegetation management/bush regeneration works,” Ms O’Brien said.

“When complete, future residents will be able to take the new access road to reveal the sites key landscape and orientation attributes.

“Significant vegetation management and landscape improvement works are being undertaken along Gundurimba Creek and other areas of the site as part of the development.

“Stage 2 of the development will include further open space embellishments including a park/children’s playground and the incorporation of further public art instalments.”

Ms O’Brien said the timing of Stage 2 and subsequent stages would be dictated by market demand.

She said the lots would suit a range of buyers including first home buyers, upsizing families and those looking to downsize.

“The masterpanned community is being delivered by the award-winning McCloy Group who are recognised for creating exceptional living environments in which people love to live and Eastwood will no doubt be another tribute to this,” she said.

According to the McCloy Group's website, the name Eastwood is a tribute to its location in Goonellabah, to the east of Lismore, and the timber mill history of the region.

For more information check the website eastwoodliving.com.au or call LJ Hooker Lismore’s Clint McCarthy on 6621 2387.