Booming Evans - Multi-million-dollar luxury unit projects target big city buyers
By RACHEL SCOLLAY
EVANS HEAD is poised for a multi-million-dollar residential boom targeting the Sydney, Melbourne and Brisbane markets.
Two large-scale developments are poised to begin ? adding 29 luxury units to the market. Some units are expected to fetch up to $500,000.
However, opinions are divided over whether the village can retain its laid-back, seaside atmosphere if the projects proceed.
Real estate interests say the developments could boost the dining and retail scene in Evans Head.
But some residents fear the gradual disappearance of the family home.
In addition to the two large developments, three smaller four and five-unit developments are in various stages of completion, and a six-unit development in Woodburn Street is likely to go before the next Richmond Valley Council meeting for approval.
Since 2001 the council has approved 94 units and 12 duplexes in Evans Head.
There is also a multi-storey holiday apartment complex with underground parking planned for Park Street, opposite the ambulance station.
The 20-something unit proposal has yet to be finalised, and DA approval will need to be obtained from the NSW Department of Infrastructure, Planning and Resources.
The 'biggie' on the horizon at Evans Head is the $12-million Seaway Apartments, being spearheaded by Queensland-based Co-Develop Australia on the old primary school site.
The 25 luxury units will have a mixture of two and three-bedroom apartments, costing between $400,000 and $500,000.
Construction is scheduled to begin within the next few months.