Lakefront Robina site brought to market by Clarence Property
The last piece of the Lakehouse Robina development has been placed on the market for the first time.
The 3828 sqm development site with 68-metre water frontage is the remaining undeveloped parcel in the Lakehouse mixed use precinct, adjoining Robina Tavern and Robina Shopping Village precinct.
It is owned by an unlisted property trust managed by Gold Coast-based Clarence Property Group.
Zoned neighbourhood centre reflecting its central proximity, the flexible zoning allows for multiple potential uses including aged care, retirement, residential or commercial office.
Clarence’s managing director Peter Fahey said the group was ready to complete the syndicate by selling the final piece of the Lakehouse Corporate Space project, following sellout of stage one and a positive response to the Lakehouse stage two release.
“We are focussing on larger development projects we have in the portfolio at Casuarina Beach, Epiq Lennox Head and Yamba Quays, and it is timely for the investors in this syndicate to sell this waterfront site,” Mr Fahey said.
Knight Frank Gold Coast’s Head of Commercial Sales James Branch and Colliers International Healthcare and Retirement’s broker Chris O’Driscoll have been appointed to handle the Expressions of Interest campaign closing 27 March.
Mr Branch confirmed his expectation that strong demand would continue for Robina development sites, particularly with so few opportunities remaining.
“The site fronts Robina’s tightly held prestige lakefront market and includes boardwalk access to the adjacent retail precinct,” he said.
“A key driver for the success of this location is not only the waterfront outlook, but the multitude of amenities within one minutes’ drive ranging from Robina Shopping Village, Bond University, Robina Town Centre and Robina Train Station.”
Colliers’ Chris O’Driscoll confirmed that with suitable zoning, a strong median house price point, an extensive population catchment and complimentary surrounding infrastructure, the Lakefront property is expected to attract interest nationally.
