Millions of dollars splashed at Yarrabilba
Land sales at one of southeast Queensland’s largest new communities are on track to hit the 3000 mark this year
DEVELOPER Lend Lease has revealed it sold $120 million worth of land in its Yarrabilba estate in 2016.
Buyers snapped up 679 blocks last year, taking the total sales to 2500 lots since the project was launched in early 2012.
It is the developer’s fastest-growing community with Lend Lease forecasts showing that more than 500 blocks are also expected to be sold in 2017. The 2029ha site, which will take 30 years to develop, will ultimately be home to more than 45,000 people.
Lend Lease Queensland communities general manager Guy Gibson said the developer was setting another new benchmark with its use of sustainable materials in the project, which showcases its largest timber sales and information centre. Made entirely from crosslaminated timber the interactive sales centre includes a range of family-friendly features and entertainment.
An innovative building material, CLT is an alternative to concrete and steel with a lower carbon footprint than other building materials. The production process produces zero waste, and timbers are sourced from certified sustainably managed forests.
“The use of CLT in the construction of the sales and information centre creates a sustainable, cost-effective, safe and innovative solution that sets us apart from our competitors,” Mr Gibson said. “The outcome is a seemingly permanent display facility with something for everyone to enjoy.”
The Yarrabilba sales centre was designed with customers in mind and features four interactive touch screens which connect to video walls, giving visitors a new digital platform to compare designs, floor plans and lot sizes.
There is an on-site cafe and children are kept busy with iPads, a cubby house, children’s library and playground.
The display village features 39 new home designs, shaded areas, an events lawn with giant television screen, plus an observation tower with views over Yarrabilba. Sculpture art work is due to be installed later this year.