Lakeview Estate will feature 73 homes within a secure, gated and maintained estate that will border on the existing Southlakes Estate.

Developers Maas Group Properties, who also developed Southlakes, are behind the estate which will be an ample investment in what is already a flourishing construction industry in the city.

A conservative estimate of the development’s value would be close to $30 million, however with properties of varying values to be constructed within the gates it could easily soar well above that figure.

“The approval provides for a secure gates residential community….with it’s own shared pool, clubhouse and barbecue area,” Maas Group Properties general manager Steve Guy said.

“Three years ago Maas Group saw a need for a new secure facility in Dubbo and at that time began detailed investigations to determine a form, character and market appraisal.

“Initial investigations resulted in a concept which is predominantly true to the approved ‘Lakeview’ estate being a luxurious, landscaped and affordable development.”

Construction of the 73 homes to be located within the estate will be undertaken in stages, and it is expected the first homes will be occupied in September, with the development to be completed by mid-2018.

The advertised prices are for a fixed house and land package, which includes landscaping designed by a landscape architect.

Prices will range between the $380,000-$495,000 mark and will cater for a broad cross-section of the buying market.

Additionally, each purchaser will own their own parcel within Lakeview with weekly fees between $15-$18 to provide for maintenance and management within the estate.

Full details on the new estate are available at the Maas Group Properties display home, which is open seven days and is located in Azure Avenue, just a short walk from Lakeview.