LISTED developer Villa World has diversified its offering on Brisbane's north side with the unveiling of a collection of urban business residences within the Fitzgibbon Chase community, to be known as The Nest.

Economic Development Queensland (EDQ) has engaged Villa World to deliver 12 unique terrace-style homes which fuse residential and commercial uses.

The dwellings feature ground floor professional suites with a street presence, complemented by a contemporary one or two-bedroom residence on the upper level.

The homes will rise on the corner of Carselgrove Avenue and Dorrigo place on the doorstep of the 1300-home Fitzgibbon Chase community.

Villa World General Manager - Communities and Business Growth, Carl Bruhn said The Nest was a response to the shift in the way people used their homes.

'Increasingly, professionals are working from home or in smaller teams and this style of home gives them a commercial street presence for their business as well as a private residence,' he said.

'The idea is to create distinct and separated zones for living and working, but under the same roof.

'This also diversifies Villa World's offering to the market - our traditional focus is affordable family homes, so this is something different that we can deliver for an emerging and growing niche.'

Residences at The Nest will range in size from 90sqm to 139sqm and will be priced under $400,000.

Mr Bruhn said the Fitzgibbon Chase location would be a drawcard for professionals looking to base themselves just 12 kilometres from Brisbane CBD.

'The Nest will blend convenience shopping, essential services and a unique small business/residential opportunity in a central neighbourhood precinct,' he said.

The Nest will also feature a childcare centre and outdoor community space with seating.

The project is within minutes of local schools, public transport networks, shopping at Westfield Chermside and Taigum Square, entertainment and health and fitness services.

The Nest falls within the Fitzgibbon Priority Development Area (PDA) which covers 295 hectares of land in the northern suburbs of Fitzgibbon, Carseldine, Bald Hills, Taigum and Deagon.

Established in 1986, Villa World is Queensland's oldest ASX-listed property developer and one of Australia's largest housing providers.

Villa World creates value through a simple philosophy of quality craftsmanship, design innovation and enduring relationships. Today, more than 40,000 Australians call a Villa World address home.

For more information, please visit www.villaworldliving.com.au/thenest or contact 1800 747 876.

Villa World Limited published this content on 24 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 May 2016 22:30:08 UTC.

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