The McMahon's Place namesake (from left) Paul, Julie, Mick and Kathleen McMahon at the land sales office launch. Photo: Supplied
The first McMahon’s Place lots have been sold, marking the beginning of the 1000-lot development in Echuca.
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The McMahon’s Place sales office officially opened on Saturday, June 15, after the project received development approval, with the first 12 lots selling within two hours of the launch.
Stages 2A and 2B have also been released, with some lots still on the market. The price of land begins at $217,500 and the size of the lots range from 480sqm to 800sqm.
Resi Ventures co-founder and director Khurram Saeed is thrilled to see the reception to the first release.
“We’re really excited about the uptake we’ve had so far,” he said.
“We’re going to make it a very special development for Echuca, and we want to make sure the (McMahon) family is proud of it.”
For the McMahon family, the creation of a development like McMahon’s Place inspired Kathleen and the late Barry to purchase the site decades ago.
The McMahon family members Gus McMahon and Mick McMahon in the sales office, where a photo of their extended family sits. Photo: Aidan Briggs
Photo by
Aidan Briggs
Son Mick McMahon found that the Resi Ventures team was good to work with from the beginning.
“Mum and dad bought this land in about 1990 with a vision to build something like this,” he said.
“It’s taken this long to get it over the line.
“We were approached by two developers, but (Resi Ventures) had a better proposal.
“They’re just easygoing guys.
“When you’re doing something like this, honesty and integrity are number one and these blokes nailed it from the get-go.”
Mr Saeed echoed Mr McMahon’s sentiments, understanding the trust that has been given to them by the McMahon family.
“McMahon’s Place is a special one for us ... we want to build a legacy,” he said.
“When we first met the McMahon family, they didn’t want to just sell it and not have a say in what their legacy would look like.
“It was a good fit from the Resi Ventures’ point of view that we could bring their land to life.
“From their family to the families that are going to be living here.”
Gus McMahon, Pippa and Mick McMahon at the McMahon’s Place development site. Photo: Aidan Briggs
Photo by
Aidan Briggs
The McMahon’s Place development is the largest by Resi Ventures, who has multiple sites around Victoria and Queensland, including regional developments in Gisbourne and Paynesville.
There will be a total of 1000 lots built at McMahon’s Place, providing housing for an estimated 2500 residents.
The size of the development will also allow for parks, wetlands, and sports and recreation facilities.
“It gives you enough land,” Mr Saeed said.
“We left almost 70,000sq km of open space ... for play equipment, cricket pitches, a linear path on Northern Hwy.
“Anytime we start a project, that’s what gets me up in the morning.
“That’s what I love doing ... looking at raw land and seeing what could be possible.”
Construction is set to begin at the end of the year, with the first residents moving into McMahon’s Place in late 2025. Builders are familiar and new to the region, including Dennis Family Homes, Metricon, Harmac Homes, Sherridon and Sundancer Homes.
A display village will also open in 2026.
Mr Saeed believes the Echuca area, and regional Australia more generally, will see strong growth in the next few decades.
He noticed this change post-lockdown, with residents in metropolitan regions looking for backyards and tree changes.
“People are turning away from cities and apartments,” he said.
“At the end of the day people are thinking ‘we can buy here; we want to have that village lifestyle, we want to live somewhere where everyone knows everyone else and isn’t a nine-to-five rat race’.
“We think it’s here to stay.”
Mr McMahon is also impressed by the interest and expected growth in the region.
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