Final Development Land Release - 'The Lakes', Mermaid Waters.

Tony and Adam Grbcic from Kollosche Commercial, proudly present to the market Proposed Lots 909 and 915 in the highly successful master-planned development, 'The Lakes', Mermaid Waters, Gold Coast.

These are the final two parcels available in this precinct and are being offered with clear instructions that they will be sold upon the closing of the Expression of Interest Campaign.

The Expressions of Interest campaign will close Wednesday, 18th of August 2021, at 4pm.

Situated in the heart of one of the most sought-after residential locations on the Gold Coast, close to all the conveniences, major infrastructure, and entertainment venues the Gold Coast has to offer.

'The Lakes' is a master planned community developed over 42 hectares and comprising waterfront homes, town-homes, mid-rise residential buildings and a vibrant new retail, wellness and lifestyle precinct.

The two opportunities, available in one line or separately, comprise;

Lot 909, positioned on the lake-front, providing a northerly aspect which captures views over the lake and the Gold Coast Skyline, offers;
- Total Area: 11,060 m2 incl. Easements
- Height Allowance: 12 Storeys (approved under master plan)
- Density Allowance: 512 Bedrooms* (approved under master plan)
- Current Development Approval comprises 190 Apartments over two towers with the following mix: 47 x 1 Bedroom Apartments, 100 x 2 Bedroom Apartments and 43 x 3 Bedroom Apartments.

Lot 915, also positioned on the lake-front, which provides a westerly aspect which captures views over the lake and Gold Coast Hinterland, offers;
- Total Area: 21,990m2 incl. Easements
- Height Allowance: 12 Storeys (approved under master plan)
- Density Allowance: 964 Bedrooms* (approved under master plan)

The Lakes, developed by Sunland has successfully delivered to date;
- 41 Canal front homes
- 13 Lake front homes
- 54 Lakefront villas
- 150 Apartments within 'The Lanes Residences' (stage one)

Comprising of 157 apartments and surpassing 65% in presales, the final stage of The Lanes Residences is currently under construction and due for completion in the first half of 2023. Adjacent to The Lanes Residences is The Lanes Retail Village, set to feature over 12,500sqm of retail laneways interwoven with a fresh food market hall, cafés, restaurants, a health and wellbeing precinct, office space and lakeside community Green.

This is an opportunity in which cannot be replaced or repeated and for all developers looking to secure a trophy site in the heart of the Gold Coast. For more information, please contact the exclusive marketing agents, Adam Grbcic or Tony Grbcic.

Disclaimer:
Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.