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Delfin Lend Lease has announced the second stage of the $100 million mixed use waterfront village, South Bay at Varsity Lakes, which will see its last village land releases within the award winning community.
Located on the eastern bank of Lake Orr, the second stage of South Bay offers a unique mix of waterfront and park side terrace blocks all designed to enhance the lakeside vistas and complement the sense of belonging in the Varsity Lakes community.
Waterfront blocks are priced from $385,000 with sizes from 476 square meters.
The village has already achieved a 100 per cent sell out in the first three phases of release which follows a sharp rise in the popularity of lakefront living close to amenity.
Stage 1 of the mixed use waterfront village will offer waterfront dining, stylish retail shops, cafes, convenience stores and waterfront apartments.
Carl Bruhn, Varsity Lakes Senior Project Director said South Bay is buoyed by a strong demand for quality land options within a contemporary and cosmopolitan village.
“South Bay has been specifically masterplanned to catch the demand for low maintenance living in a village environment, by providing attractive living options with easy access to cafes, fresh food shops, boutique stores, lakeside recreation areas and a thriving business centre,” Mr Bruhn said.
South Bay holds approximately 400 metres of northerly water views looking towards Burleigh Heads and offers a variety of home design options aimed to provide a distinct blend of traditional architecture coupled with a coastal, contemporary feel.
As well as connecting in with the community’s 20 kilometre hike and bike network and village parks, South Bay will provide unparalleled access to Lake Orr, the future South Bay village centre, linkages to Varsity Central and Market Square via a pedestrian bridge and the proposed South Bay Sports House, giving the village a distinct aquatic-recreational feel.
South Bay is ideally located directly across from the Varsity College Primary Campus and within a short walk or drive from the future Varsity Lakes railway station, Varsity College Senior Campus and Bond University.
Delfin Lend Lease have also invested in a fibre optic community network that is designed to deliver fast, affordable telecommunications that provides access from a range of service providers meaning more speed, more choice and a competitive telecommunications environment for residents.
South Bay will ultimately provide more than 150 homes and apartments wrapping around the stage 1 village centre cafes, shops and offices all centrally located on the magnificent 80 ha Lake Orr.
Currently celebrating its 10th anniversary, Varsity Lakes will comprise 4,500 homes upon projected completion in 2011 and up to 100,000-square metres of commercial space in town centre Varsity Central. It will become home to more than 10,000 residents and more than 6,000 employees.
Varsity Lakes is being developed by Delfin Lend Lease, Australia’s largest developer of master planned communities, with 24 projects nationally.
For further information, interviews or images please contact:
Frances Kinman / Ashleigh Stallard
BBS 07 3221 6711
Abbey Trueman, Marketing Services Manager
Delfin Lend Lease 07 5501 8254 / 0409 471 457
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