Villawood to sell off blocks in The Arbour via ballot

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Buying in Burleigh? It’s a lottery. Picture: Jerad Williams

BURLEIGH Heads has become such a hot property market that buying a piece of land is becoming a lottery – literally.

More than 3000 people have expressed interest in a limited 61 blocks of land in Villawood Properties’ boutique project The Arbour Burleigh.

The vacant parcel of land in the foreground is where The Arbour Burleigh will be built. It has had unprecedented levels of interest.

The unprecedented level of demand, which has led to 330 sales appointments and more than 90 site tours since the project launched in April, means that the developer has decided to sell its first release of six lots through a ballot on Sunday.

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The blocks on offer will measure 640sq m to 1,045sq m and range in price from $549,900 $669,900. Those looking to purchase must complete a registration form at The Arbour sales office in Tallebudgera before 5pm on Saturday.

The draw will be held in Robina, in the auditorium within the Robina Community Centre, at 10.45am on Sunday. Buyers must attend in person and will be allocated a ballot ball and number (interstate buyers must send a family member or friend to act on their behalf).

The Arbour Burleigh is being built by Villawood who created The Surrounds master community in Helensvale, among others.

Balls will be drawn one at a time, with the winning buyer asked to pick a preferred lot, sign an unconditional waver and pay a 10 per cent deposit.

Those who choose not to sign a contract immediately will have their lot put back on the market.

While Villawood has used a ballot system to sell property interstate, it will be the first time it has done so in Queensland.

The Arbour is on one of the last developable parcels of land in Burleigh Heads and sits on an elevated 20.74ha site. Lots range from 600sq m and 3000sq m, and there are five master lots, which are subject to future council approval, ranging from 4000sq m to 2.09ha.

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Bustling James Street in Burleigh Heads. Picture: Jerad Williams

Villawood Properties chief executive Alan Miller said he attributed the high level of interest in the project to the dwindling land supply on the Gold Coast, bolstered by the Queensland property boom and low-interest rates.

“These things combined have led to a welcome yet unprecedented level of interest in our coveted Burleigh Heads project,” Mr Miller said.

He said the lots being offered allowed buyers a rare opportunity to build a large, architecturally-inspired home surrounded by green vistas.

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Burleigh Pavilion. Buyers in The Arbour will have access to all the amenities Burleigh has to offer. Picture: Jerad Williams

“Buyers don’t have to choose between wide-open spaces and connectivity at The Arbour. They have the room to move while enjoying proximity to everything that makes Burleigh iconic, including world-class beaches, national parks, and bars and restaurants,” he said.

“More than ever buyers are placing an increased importance on a high level of amenity and green space, and The Arbour will deliver both along with the coveted Burleigh Heads address.”

The Arbour Burleigh is being delivered on the back of the success of Villawood’s sold-out Helensvale master-planned community The Surrounds, along with Sequana at Logan Reserve and the national award-winning Montego Hills development at Kingsholme.

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