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10 January 2010

Last chance to secure land at $2billion Varsity Lakes

**insert alt tag description**As demand for waterfront living on the Gold Coast continues to rise, Delfin Varsity Lakes is giving home buyers the final opportunity to secure their slice of land within the award winning Varsity Lakes’ $100 million South Bay village.

Achieving a 100 per cent sell out in the first three phases of release, the last stage of South Bay represents the final residential lots to be released by Delfin at Varsity Lakes.

Delfin Varsity Lakes senior project director Carl Bruhn said since the project’s inception in 1999, over 1,000 lots have been sold.

“These final blocks represent the culmination of 10 years of providing land in the best masterplanned community in Australia as awarded by the Urban Development Institute of Australia in 2007.

“The final lots at South Bay are the last opportunity for Gold Coast homebuyers to secure their piece of waterfront living at Varsity Lakes and take advantage of the suburb’s proven capital growth,” Mr Bruhn said.

Located on the eastern bank of Lake Orr, blocks are priced from $224,000 and range from 217sqm to 493sqm and are designed to enhance the lakeside vistas on offer.

Expressions of interest are also being taken on an additional seven rare and attractive waterfront blocks.

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.

Holding approximately 400 metres of northerly water views looking towards Burleigh Heads, South Bay offers a variety of home design options aimed at providing a distinct blend of traditional architecture coupled with a coastal, contemporary feel.

As well as connecting the community’s 20 kilometre hike and bike network and village parks, South Bay will provide unparalleled access to Lake Orr, the proposed South Bay village centre, a future childcare centre and linkages to Varsity Central and Market Square via a pedestrian bridge.

South Bay is ideally located directly across from the Varsity College Primary Campus and is within a short walk or drive from the newly completed Varsity Lakes railway station, Varsity College Senior Campus and Bond University.

Upon completion, South Bay will provide more than 150 homes and apartments wrapping around the proposed village centre cafes and shops 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 25 projects nationally.

ENDS

For further information, interviews or images please contact:

Frances Kinman / Ashleigh Stallard – BBS 07 3221 6711 / 0434 519 812
Abbey Trueman, Marketing Services Manager, Delfin Lend Lease, 07 5501 8254 / 0409 471 457

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