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Epiq Lennox’s stage two is a huge hit with buyers developers need a ballot

first_imgNathan Dee and Prue Warren bought at Epiq for its location and affordability.A NEW masterplanned community at Lennox Head has had such high demand from locals that developers are calling for ballot draws to ensure buyers have a fair chance at securing a block of land. Clarence Property is running the ballot sale system in response to unprecedented buyer demand for Epiq’s stage two release. During that release 66 lots, valued at $23.5 million, were sold within 24 hours. More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North8 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoLennox Head’s latest masterplanned communityProspective buyers who missed out on stage two now have the chance to land a homesite of their choosing in stage three. Those who have registered will find out if their name has been drawn at a buyer event on June 14. This third stage will include 78 lots starting from $300,000 with blocks ranging from 600sq m to 1700sq m. It is within walking distance of Epiq’s new sporting fields, which will include an AFL ground, two rugby fields, two soccer fields and two cricket pitches. The ballot for stage three will be drawn by Elder Real Estate’s Michael King, who said he expects a repeat performance of stage two. “We have already had registrations for stage three from people who missed out on the ballot draw for stage two,” Mr King said.“I’m expecting even more competition for land in stage three because development at Epiq is more advanced and people can see the community starting to take shape,” he said. Registrations must be made prior to May 31.last_img

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