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Discussion Starter · #1 ·
Varsity Lakes really does deserve its own thread as it's quite a booming suburb. So here it is.

Varsity tower signals resurgence

only picture so far​

THE Gold Coast-based Trilink Group has finalised plans for a $60 million permanent residential resort project at Varsity Lakes.

The project will comprise 120 apartments in three, eight-storey towers, a four-storey low-rise, and extensive community facilities.

It will be located on a 4900sq m site purchased by Trilink from Varsity Lakes master developer Delfin Lend Lease for $3.5 million this year.

Trilink CEO, Mr Kym Plotkin said the development application was lodged with the Gold Coast City Council last week.

The project, Three at 33 located at Varsity Central and overlooking the 80-hectare Lake Orr, will be the fifth development undertaken by the Trilink Group in the Varsity Lakes precinct.

It will follow the recent completion of the company's $25 million Azzurra Eco project where sales have exceeded $18 million.

The new project's three, eight-storey towers will be identical and include a mix of one, two and three-bedroom apartments on each of the 447.5sq m floors.

The four-level building will comprise one-bedroom apartments from 78 to 107sq m with six per floor.

"There will be a wide range of floor plans and we will be providing apartments that are 5-10 per cent larger than most of their type on the Gold Coast," said Mr Plotkin.

"We will also be providing the highest level of community resort facilities ever offered in a permanent residential project on the Coast, with two swimming pools, both more than 20 metres in length, connected by a flowing watercourse.

"A suspended, glasswalled gymnasium will overlook the pools, sauna, spa, Zen garden, cabana barbecue areas and a teppanyaki bar. Each tower will have a rooftop Zen Garden with views to the ocean."

Building work will be undertaken by the Cavalier Construction Group.

Mr Plotkin said the project was being advanced in anticipation of a strengthening permanent apartment market on the Gold Coast in 2011 and due to the company's successful Azzura Eco project.

"The demand and supply fundamentals for permanent, non-holiday let, residential apartments on the Gold Coast are highly positive in the long-term and, subject to development application approval, we hope to have the first stage on the market early next year," he said.

4,002 Posts
Just trying to figure out where exactly this site is. The name 'Three at 33' suggests maybe it could be 33 Varsity Parade, which would place it facing the lakefront on the last block before the Christine Ave roundabout.

Other possible development sites include:
22 Main Street,
there's a pretty good site on Christine Avenue, just before the bridge opposite the current South Bay development, or
another site behind 161 Varsity Parade (The Minter-Ellison building). Access comes through the recently developed 'the landing' development

13,709 Posts
Discussion Starter · #5 ·
Phoenix fires up at Varsity

THE Gold Coast residential property market has been given a significant boost with approval of the development application for a $61 million luxury residential project at Varsity Lakes.

It is the largest multi-unit development approved by the Gold Coast City Council in more than two years, comprising 120 one, two and three-bedroom apartments in three eight-storey towers and a four-storey low-rise.

The appropriately named, Phoenix -- rising from the ashes of the prevailing Gold Coast residential market gloom -- has been designed to offer affordable, high quality apartments, using a development methodology structured to meet the challenges of the market.

The project will feature world-leading technology, extensive resort-style residents' facilities and premium-standard finishes but at prices as low as $349,920 for a 72sq m one-bedroom plus study apartment.

Read more in this Saturday's Gold Coast Bulletin Real Estate Guide.

13,709 Posts
Discussion Starter · #6 ·
Phoenix rises to shine

THE Gold Coast residential property market has been delivered a strong vote of confidence with the launch of Trilink Group's $60 million residential development at Varsity Lakes.

The 120-apartment Phoenix community fronting Lake Orr has been strategically launched as a new-wave development designed and priced to meet current buyer demand.

Preliminary site works and off-the-plan marketing started this week.

More than 500 local construction industry jobs will be created over the projected three-year, staged development of the project.

Trilink Group is confident the project will flag the recovery of the Coast's permanent residential market driven by pent-up demand from owner-occupiers and investors for well-priced, high-quality and centrally located apartments offering a lifestyle that cannot be found in traditional suburban houses.

"There are many buyers who want to live the dream of owning a top-quality Gold Coast apartment with extensive resort facilities but at affordable prices set to meet today's market," said Trilink Group CEO Kym Plotkin.

Trilink's strategy is also taking advantage of a rising national trend among owner-occupiers to buy well-located and priced apartments rather than more highly priced houses on big blocks. "There is a substantial dormant demand and little supply of the kind of product we are offering to the permanent residential market and investors who want their properties let to long-term tenants," said Mr Plotkin.

"Trilink Group and our conglomerate of affiliates are able to meet the challenges of the current market and work together to keep construction costs and prices down."

Phoenix apartments and facilities are designed to attract owner occupiers and will not be rented to tourists.

One and one-plus bedroom Phoenix apartments are priced from $299,000. At the top of the price list is a level eight, three-bedroom apartment for $549,750.

Phoenix is one of the largest multi-unit developments approved by the Gold Coast City Council in more than two years. Body corporate fees are expected to average $55 a week for each unit.

The project features a mix of one-plus, two and three-bedroom apartments on each floor of the three Phoenix eight-storey towers.

Two-bedroom apartments will be 110sq m, with a single underground car park and three-bedroom apartments 130sq m, with double underground car parks.

The four-level building will feature 24 one-plus bedroom apartments from 78sq m to 107sq m each with one underground car park.

Residents' facilities will include two 20m-plus pools linked by a flowing watercourse, a children's pool and a suspended glass-walled gymnasium overlooking the pools, a spa, sauna, zen gardens, cabana barbecue areas and a tepanyaki bar.

Each tower will also feature rooftop zen gardens with leisure areas, distinctive lighting and views to the ocean.

Most residents will be able to control many of the functional aspects of their apartments including airconditioning, television, a built-in audio system and lighting through use of the latest wireless technology linked to an iPad that is supplied with the units or, additionally, an iPhone.

Phoenix, designed by local architect Georgy De Leon, of GTS Architects, is the fifth development undertaken at Varsity Lakes by the strongly emerging Trilink Group, which also has interests in international development, construction, manufacturing and finance.

The project is on a 4900sq m site fronting the 80ha Lake Orr.

Phoenix is being marketed by Deva Project Marketing under the direction of Deborah Provost.

1 Posts
The upcoming residential apartments in Phoenix will feature mastermind solution that makes it possible to control virtually any appliance or device integrated into the system no matter where residents are. At a glance, residents will be able to wirelessly control lights, audio, energy usage, video... you name it.

The automation control system was specifically designed to suit individual apartments. For example, residents will experience a music solution of their dream. Simply put - any song in any room at any time can be played and controlled via in wall touch screen or perhaps iPad or even iPhone.
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