contents 04 Overview 06 Location 08 Robina Town Centre 10 Australia s Gold Coast 12 Developer Profile 13 Project Managers 14 Key Facts 15 Frequently Asked Questions 16 At a Glance 18 Residence Interiors 3
An investment in lifestyle Edgewater Residences are a unique residential project fronting Lake Orr and adjacent to an environmental reserve located at Varsity Lakes, the geographic heart of the Gold Coast. Stunning contemporary architecture together with chic designer finishes combine to create an exciting residential development with breathtaking views across majestic Lake Orr. Edgewater s prime location is walking distance to Bond University, the restaurants, cafes, tavern and shopping of Market Square lifestyle precinct, Varsity Central Business District, Varsity medical centre and local schools. Edgewater Residences have been designed with the end user in mind and offer a relaxed waterfront lifestyle in a secure, peaceful enclave. Edgewater Residences comprise superior lakefront homes and luxury lakeside residences with an on site manager and secure car parking. Facilities include a resort style swimming pool, fully equipped gymnasium, residents BBQ, cabana & lush tropical landscaping. lakefront homes Edgewater represents outstanding value in the waterfront property sector, which is always in high demand with limited availability. Furthermore, Varsity Lakes enjoys some of the highest median rents of any Gold Coast suburb, so whichever way you look at it, Edgewater Residences represent a significant lifestyle investment. Facts at a glance Edgewater Residences comprise superior Lakefront homes and luxury lakeside residences in a majestic, lake side location within the cosmopolitan heart of Varsity Lakes academic and business precinct. Architect: Designed by award winning Gold Coast architect, Endang Lugowski, Edgewater Residences offer cutting edge architectural design with sub tropical styling in a contemporary aesthetic. The interiors are bathed in ample natural light opening onto balconies that further enhance the open living areas, while natural breezeways provide a cool air-flow. Interior design and finishes selection: Edgewater Residences are finished to the highest standard with designer interiors utilising a contemporary palate to accentuate the natural light and enhance the spacious living areas. communications facilities: Residences are provided with a business grade, high speed internet connection provided via business grade broadband, available upon subscription. facilities: Sensational, fully maintained resort pool Cabana and BBQ facilities for residents & guests Fully equipped gymnasium Secure on site parking On site management Superbly landscaped and maintained Cosmopolitan restaurant and retail precinct just 2 mins walk Close to thriving Bond University campus and Varsity Central business district* Immediate access to a network of hike and bikeways for scenic exercising *Independent research by Colliers International identified the Varsity Lakes/Robina precinct as currently the Gold Coasts 2nd largest CBD - Gold Coast office market, spring 2007. 4 5
At the Heart of it all As the geographic heart of the Gold Coast, Varsity Lakes is unique and has won the Urban Development Institute of Australia s 2007 award for Australia s best master planned development. SURFERS PARADISE Central business precinct, part of the Pacific Innovation Corridor and home to a range of notable world leading, blue-chip companies such as IBM, Telstra, AAPT, Minter Ellison Lawyers, Gotalk, AON Insurance and Federal & local government departments, to name a few. Edgewater Residences is a short stroll to the vibrant restaurant and retail precinct of Market Square, with its tavern, bistros and restaurants. Offering a cosmopolitan array of al fresco dining options alongside an eclectic mix of retail outlets, Market Square creates an urban eat street style hub which has become an entertainment destination in its own right. Residents and employees alike enjoy the facilities of this exciting urban mix and can take advantage of waterfront walkways, hike and bike tracks and quality parkland just a stones throw from their door. Having commenced construction in 1999, it is the coast s newest suburb and the region s most dynamic community currently having 8,700 residents. Additionally, Varsity Lakes will be home to some 10,000 residents and 6,000 employees upon completion in 2012#. This thriving locale is home to Bond University which has an unparalleled reputation for academic excellence and Varsity BOND UNIVERSITY MARKEt SQUARE varsity central # Source: Delfin Lend Lease Bond University Located within the precinct, Bond University is renowned for its Commercial Law courses, Business, Humanities and Medical faculty. Bond University has an unparalleled reputation for academic excellence and has enjoyed considerable success as Australia s foremost private institution. Current student figures amount to around 4,500 full time attendees with overseas students accounting for over 55%. Its new medical campus and sustainable development and architecture faculty, along with concentrated 4 month M.B.A courses and ambitious expansion plans will increase the academic population further. Current News Varsity Lakes investment potential has been noted by PRD Nationwide Research and features as one of the stand out s in it s Growth Suburbs Report for both 2010 and 2011. The area appeals to many businesses as it is close to the M1 Motorway and the main arterial roads of the Gold Coast allowing easy access. Both Robina and Varsity Lakes are master planned communities and as such, a lot of thought and resources have gone into the planning of these suburbs. 6 7 Major infrastructure is in now in place such as Skilled Park Stadium, the Coasts premier sporting and entertainment venue, the railway from Brisbane to Varsity Lakes with plans to connect to the Gold Coast International airport at Coolangatta. The Robina/Varsity Lakes precinct has become the second largest office precinct on the Gold Coast. If development continues at the current pace at Robina and Varsity Lakes then it is possible that in time, it will become the largest office precinct on the Gold Coast.
Robina A 5 minute drive west lies Robina Town Centre, providing the region s major shopping, banking and service facilities in a contemporary environment with ample parking. The newly completed $2.5 billion centre provides a unique entertainment, dining and retail experience in a world class setting. The centre has an impressive range of retail stores, cinemas, supermarkets, business, banking, lifestyle and medical services, along with numerous cafes and restaurants that look onto the lake. transport hub, with bus and train routes connecting here and rail to air links now in place. Opposite to Robina Town Centre is Skilled Park Stadium, home to the Gold Coast Titans and the Coast s major venue for sporting and entertainment events. As the major urban centre, Robina enjoys a wealth of facilities and is ideally located for the Pacific Highway to Brisbane, the Sunshine Coast and beyond. The Brisbane International Airport terminal is a fifty minute drive north while the Gold Coast International Airport is fifteen minutes to the south. Due for completion in 2012, Robina s St Vincent s Hospital offers accident and emergency services, along with 364 beds providing numerous facilities and surgeries. Varsity Lakes and Robina are also relatively close to Pindara, Allamanda and The Gold Coast Hospital. Varsity Lakes and Robina are fortunate to have a dozen primary and secondary schools of academic merit, close by, including Somerset College and All Saints, private schools of high repute. Robina is the coasts major If golf is your game then you are in paradise. Six world-class courses are within a five minute drive of Edgewater Residences. 8 9
australia s gold coast Australia s Gold Coast is blessed with a perfect climate, progressive state infrastructure and a strong, growing economy. As the geographic heart of the Gold Coast, Varsity Lakes is uniquely situated. Just minutes to the east lies Burleigh Heads with its pristine surfing beach and national park, while a few minutes west is the pacific highway and the Robina road-to-rail link, with its fast connection to Brisbane, the airport and beyond. Behind the gold of the coast sits the green of the hinterland. A range of world heritage national parks and vineyards are on your doorstep with stunning rainforests and an extraordinary variety of flora and fauna. 10 11
developer profile Pearls Australasia is a subsidiary of the Indian conglomerate, Pearls Global, a privately owned group with diverse interests in construction, media, film production, education, healthcare, hospitals, agriculture, food & alcohol distribution and insurance. The Group has in excess of 260 offices in India and employer to over 1.6 million staff. Pearls has been at the forefront of the Indian property sector creating the future infrastructure to cater for the nation s surging economic growth and development. The Pearls Group is chaired and owned by Mr Nirmal Singh Bhangoo. It has created a versatile portfolio of masterplanned townships, residential apartment projects, retail shopping malls and state-of-the-art office complexes. Pearls Australasia is directed and managed locally by talented Australian development professionals with decades long experience and a track record of the successful delivery of world-class projects. Their mandate is to pursue property development and business opportunities throughout Australia, Asia and the Pacific with the financial strength and resources of one of India s fastest growing organisations. Global backing for local growth Project Managers The Directors of Property Lifestyle Pty Ltd are the most prolific builder within the highly successful Varsity Lakes precinct. The Directors, Duncan McInnes and Stephen Solomons combine over fifty years experience in residential and commercial property development and enjoy an enviable reputation for producing properties of exceptional value, high quality and superior design aesthetics, which is clearly demonstrated by past developments. Since 1990, they have over $500 million in projects either completed, under construction or planned. The Directors have The Sheraton Mirage Resort & Spa Purchased in 2010 12 13 a passion for architectural excellence and an eye for design that has won them kudos from their peers and accolades from the marketplace in general. In all facets of construction, be it residential, commercial or retail projects, the attention to detail and emphasis on quality has ensured the company has gone from strength to strength, leaving a legacy that they are justly proud of.
varsity lakes key facts frequently asked questions size: Currently celebrating its 10th anniversary, Varsity Lakes will comprise 4,500 homes upon completion and up to 100,000-square metres of commercial space in Varsity Central. It will become home to more than 10,000 residents and more than 6,000 employees. awards: 2007 winner presidents award - best Australian master planned community 2006 winner Queensland state president award, UDIA Suncorp awards for excellence (Queensland award) 2006 winner master planned development award, UDIA Suncorp awards for excellence (Queensland award) 2006 winner marketing excellence award, Suncorp awards for excellence (Queensland award) 2006 national winner 2006 international property awards, UK. (International award) 2006 urban land institute awards for excellence finalist Asia Pacific (international award) 2004 Varsity Lakes, Gold Coast City Council urban design award, master planned community (city award) residential Varsity Lakes has a current residential population of 8,700 residents with the total upon completion reaching 10,000. recreation facilities: 80 hectare Lake Orr 56 hectares dedicated to open space 20 kilometres of scenic walking and bike trails Tennis and basketball courts, village playgrounds and parks, beach volleyball and multi purpose indoor sports centre Full time sport and recreation manager responsible for fostering regular physical activities for both the residential and business community A range of schools - primary, secondary and kindergartens university: academic Bond University has a current student population of approximately 4,500, 55% of which are from overseas. Academic staff number around 400 and with students from surrounding institutions, the total tops 8,000. Australia's foremost private university A singular reputation as the leading institution for commercial law, medical, business and humanities degrees 4,500 (55% international) Short term MBA courses Bond University has announced an impressive expansion plan Business: Varsity Central The commercial precinct at Varsity Lakes has over 600 businesses, employing in excess of 5,000 personnel, which could well double in the short term. Varsity Central caters for small, medium and larger size businesses, including serviced and home office. Currently 5,000 jobs and over 600 businesses (including home businesses) have been attracted and created throughout Varsity Lakes. Varsity Central is home to numerous communication and information technology firms and has a growing base of firms in law, finance, education, professional services, general business services, retail and entertainment. Blue chip companies such as Telstra, IBM, AAPT, Minter Ellison, Gotalk, AON Insurance and Federal and Local Government Departments call Varsity Central home. Businesses have access to world-class broadband and data communication facilities. Market Square, a $200 million retail and commercial hub, offers a diverse mix of restaurants, cafes, tavern, offices, convenience stores, lifestyle shops and residential living options. Robina town centre is located just 3km away. surrounds The surrounding suburb of Robina is an established community with a bustling town centre, major hospital, sporting stadium and transport hub. The overall suburb population is around 30,000 residents. Medical Facilities The Gold Coast Medical Precinct is located at Varsity Lakes offering comprehensive medical services from a range of practitioners plus pharmacy, pathology, x-ray and physiotherapy. Varsity Lakes has a state of the art hospital under construction and the Robina Hospital is a 5 minute drive. transport / proximity: Surfside Bus lines run routes 757, 750, 748 through Varsity Lakes Centrally located to the M1 pacific motorway, Bermuda St., and Christine Avenue 7 minutes to North Burleigh beach 2 mins from Robina Town Centre 10 mins to Pacific Fair Shopping Centre 15 mins to Gold Coast Airport 60 mins to Brisbane airport and sea port q. How are Edgewater Residences owned and operated? a. The management rights and caretaking agreement is owned and operated by the management company. The apartments are individually owned. q. When and how does an apartment owner receive investment income? a. The rental management of your property is provided by the Resident Manager and your rental payments are made monthly. q. What are my options for use of my residence? a. The residence owner may lock up the apartment, live in the apartment or permanently rent the apartment which will provide an optimum return for the investment. q. What services do the management provide? a. The managers are responsible for maintaining all common facilities and providing a rental management service to investors. q. What if I want to sell my apartment in the future? a. There are no constraints to selling your apartment at any time. q. What leisure facilities are available? a. Edgewater Residences enjoys resort style facilities which include a resort pool, fully equipped gymnasium, BBQ and gazebo. Edgewater is a short stroll to a wide range of dining and take away facilities in addition to the tavern and 10 minutes to some of Australia s best beaches. Bond University q. Is parking available? a. Each residence comes with 2 designated car spaces located in secure parking areas as well as visitor parking. q. How will the body corporate for Edgewater Residences operate? a. Edgewater Residences body corporate will operate as a typical body corporate with every lot owner having rights as a member of the body corporate. q. How will the common property be maintained? a. The resident manager will be obligated under the caretaking agreement to manage the maintenance of the common property. q. What public transport is available? a. Edgewater benefits from a daily public bus service which links to the greater Gold Coast transport hub and the adjoining Varsity rail station. q. What educational facilities are located in the area? a. Just a short walk from Edgewater are a kindergarten, Varsity College Primary and Secondary School and Bond University. q. Where is the nearest medical assistance? a. Varsity Lakes has a large medical precinct offering a range of medical services including accident and emergency. The Robina Hospital is a 5 minute drive. 14 15
the investment at a glance luxury lakeside residences from $419,500 Edgewater Residences stunning waterfront location, appealing contemporary architecture, designer finishes and attractive pricing represents an outstanding waterfront investment opportunity. varsity lakes 2007 winner president's award for best Australian master planned community, UDIA national awards for excellence (national award) Home to Bond University (Australia's leading private university) Varsity Central is the business precinct of Varsity Lakes (over 600 businesses) Market square restaurants, cafes, tavern, medical & convenience shopping Kindergarten, primary and secondary school Varsity Lakes is one of Australia's fastest growing communities Varsity Lakes has one of the highest median rental returns on the Gold Coast. 80 hectare Lake Orr, 56 hectares of open space & 20kms of walking & bike trails Centrally located with close proximity to all Gold Coast major facilities and attractions. Edgewater Residences Prime waterfront location with expansive waterfront views Attractive contemporary architecture Awarding winning developer Superior fittings and quality construction from an experienced developer Renowned Gold Coast architect Resort style pool and BBQ facilities Fully equipped gymnasium Secure car parking - 2 spaces per residence On site management Walking distance to Bond University, Varsity Central, schools and Market Square shopping Strong rental demand Outstanding value secure waterfront investment - from $419,500 Queensland is experiencing exponential growth Gold Coast enjoys Australia's most liveable climate. Gold Coast is Australia's no 1 tourist destination Gold Coast has very limited waterfront opportunity under $650,000 lakefront homes 16 17
Residence Interiors Edgewater Residences provide the perfect blend for contemporary living, combining the benefits of tropical architecture with cutting-edge design and the highest quality of finish. Residences enjoy interiors with a contemporary design and benefit from a tasteful palate of colours which enhance the sub-tropical architecture Residences feature expansive covered balconies utilising shade cover and breezeways to provide year-round comfort and ample natural illumination. The light open spaces enjoy a superior level of comfort in both living and bedroom areas. Business grade broadband provides high speed internet connection so necessary in today's world and essential for academic and business residents. Kitchens are designed around a practical workspace and feature full size cook tops and ovens with quality appliances and stone bench tops. Additional benefits include window furnishings to every residence ensuring that they are ready for immediate occupancy, air conditioning and secure parking for every residence. These luxury residences are of superior quality, well appointed and of generous proportions. There is currently pent up demand for waterfront residences of this nature and interest will clearly be strong. 18 19
ROBINA ROBINA TOWN CENTRE VARSIT Y LAKES Developed by: Project Managed by: Pearls Australasia Pty Ltd PO Box 2865, Burleigh BC Queensland 4220 Telephone (07) 5570 0900 www.pearls-a.com Property Lifestyle Pty Ltd 33A Peak Ave, Main Beach QLD 4217 Sales Centre (07) 5578 7199 Sales Manager 0413 518 807 www.edgewaterresidences.com.au