New build homes are underway for the Newbuild program, with a new building in the works.
The development will be built by the private sector and will consist of six buildings on a parcel of land at East and East Hastings.
It will be a mix of two-storey townhouses and two-bedroom apartments.
The properties will be located in the former Gold Coast Shopping Centre.
In total, three properties will have been built, with two more to be constructed.
The project will see the completion of about 400 new homes over the next five years.
The project was funded by the New Build program and the NSW Government.
A few of the properties will also have some new amenity enhancements, including a rooftop pool, outdoor courtyard, and a gymnasium.
Work on the first building was completed earlier this year.
The second building is scheduled to be completed later this year and is due to be ready by 2020.
As for the project, the company behind it says it will deliver up to 30 new houses per year.
“The new houses are built with the same standards as the previous homes and are fully qualified to meet the NewBuild program standards,” the company said in a statement.
Buildings under construction in Newbuild are expected to be finished in 2020.
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