FAQs
PURCHASING
How do I reserve land?
All we require is your reservation fee of $5,000 along with your details and those of your solicitor.
Can a non-Australian purchase property at Calypso Bay?
Foreign buyers are welcome, but must apply for Foreign Investment Review Board approval (FIRB). For more information, go to www.firb.gov.au
What is the settlement period?
If the land is registered, settlement takes place within 30 days of the date of contract. If, however, the lot has not been registered then settlement is 14 days after written notification that the lot has been registered.
What deposit is required?
A 5% deposit is required on signing a contract.
LOCATION
Are there any international airports close by?
Yes, the Gold Coast Airport (Coolangatta) is a 45 minute drive south and the Brisbane Airport is a 55 minute drive north.
Is there a train service nearby?
Ormeau Station, located just off Mirabeena Drive, is only 8 minutes drive from Calypso Bay. From Ormeau Station it is 45 minutes to Brisbane Central Station and 1 hour and 15 minutes to Brisbane Airport.
How long does it take to get from the Gold Coast to Calypso Bay?
The drive from the Gold Coast to Calypso Bay takes:
- 25 minutes from Southport
- 35 minutes from Surfers Paradise
- 40 minutes from Broadbeach
How long does it take to get from Brisbane to Calypso Bay?
Brisbane CBD is a 45 minute drive from Calypso Bay
EDUCATION
What are the closest private schools to Calypso Bay?
Rivermount College
Rivermount Drive, Yatala
15 minutes
Livingstone Christian College
Reedmans Road, Ormeau
15 minutes
Mother Teresa Primary School
Eggesdorf Road, Ormeau
15 minutes
Coomera Anglican College
Days Road, Coomera
17 minutes
St Stephens College
Reserve Road, Coomera
17 minutes
Assisi Catholic College
Billinghurst Crescent, Upper Coomera
20 minutes
AB Paterson College
A.B. Paterson Drive, Arundel
25 minutes
Trinity Lutheran College
Cotlew Street, Ashmore
25 minutes
St Francis Xavier School
Bayview Street, Runaway Bay
25 minutes
The Southport School
Winchester Street, Southport
26 minutes
St Hilda’s School
High Street, Southport
28 minutes
Carrara Emmanuel College
Birmingham Road, Carrara
30 minutes
Somerset College
Somerset Drive, Mudgeeraba
40 minutes
What are the closest public schools to Calypso Bay?
Woongoolba Primary
Jacobs Well Road, Woongoolba
6 minutes
Ormeau Primary
Mirambeena Drive, Pimpama
8 minutes
Beenleigh High
Alamein Street, Beenleigh
15 minutes
Helensvale High
Discovery Drive, Helensvale
20 minutes
Coomera Springs Primary
Old Coal Road, Upper Coomera
20 minutes
Coomera State High
Dreamworld Parkway,Coomera
20 minutes
Helensvale Primary
Lindfield Road, Helensvale
25 minutes
Windaroo Valley High
Beaudesert Beenleigh Road, Bahrs Scrub
30 minutes
Carrara Emmanuel College
Birmingham Road, Carrara
30 minutes
Somerset College
Somerset Drive, Mudgeeraba
40 minutes
What are the closest universities and colleges to Calypso Bay?
Griffith University (Logan)
University Drive, Meadowbrook
26 minutes
Griffith University (Gold Coast)
Parklands Drive, Southport
30 minutes
Griffith University (Mt Gravatt)
Messines Ridge Road, Mount Gravatt
38 minutes
Griffith University (Nathan)
Sir Fred Schonell Drive, St Lucia
40 minutes
University of Technology (QUT)
George Street, Brisbane City
40 minutes
Bond University
University Drive, Robina
40 minutes
College of Art & Design (Griffith)
Grey Street, South Brisbane
45 minutes
Southern Cross University
Terminal Drive, Bilinga
50 minutes
University of Queensland
Sir Fred Schonell Drive, St Lucia
50 minutes
HARBOUR VILLAGE & MARINA
What facilities are in the Harbour Village?
The Harbour Village currently consists of the Calypso Bay Marina Office, Montauk Tavern and a hairdresser.
Are berths available at the Marina?
The Calypso Bay Marina currently offers 220 berths and 16 Jet Ski docks available on longer term bases. Upon completion, the Marina will be able to accommodate approximately 250 vessels.
What size boats can be catered for at the Marina?
The Marina can cater for vessels up to 30 metres (100ft) in length.
CANALS
Are the canals tidal?
Because the canals are connected to the Broadwater, canal water levels move with the Broadwater’s tidal flows.
What are the dimensions of the canals?
The Grand Canal which is directly off the Broadwater is 70 metres wide with all other canals having a width of 50, 55 or 60 metres. The average depth of the canals is 2.5 metres below the absolute lowest tide.
BUILDING
Is there a minimum size house required?
Minimum build size for a Standard Residential Lot is 300sqm.
Minimum build size for a Modern Family Lot and Modern Waterfront Lot is 200sqm.
Is there a time limit within which a house must be built?
Building must commence within 2 years and 9 months of settlement and be must completed within 9 months of commencement.
Are there any amounts payable for plan assessment?
Each buyer must lodge a refundable bond in the amount of $5,000 prior to any construction commencing on the buyer’s lot; as well as a $1,000 fee required by the Design Assessment Panel (DAP) for plan assessment. Fees that may be payable by a buyer are set out in the Residential Guidelines.
How are building plans approved prior to commencing building?
A Design Assessment Panel (DAP) has been established to assess proposed house and landscape plans to ensure a consistent high standard of development throughout the estate. Gaining approval for plans from the DAP is a simple process and a consultant is available for advisory services prior to lodgement of plans.
Can I have a pontoon in front of my home?
All canal lots have a preapproved maximum vessel length and the lot owner is permitted to install a private pontoon at their cost.
Does Calypso Bay have architectural covenants?
Residential Guidelines have been established to ensure a consistent high standard of development throughout the estate, so that all owners can be confident that future housing and landscaping will be constructed in a manner complementary to the streetscape and character of Calypso Bay.
BODY CORPORATE
How many residents will eventually be living in Calypso Bay?
It is anticipated that upon completion there will be approximately 1,986 dwellings at Calypso Bay with a residential population of 4,000 people.
Does Calypso Bay have any security in place?
Calypso Bay has regular security surveillance patrols.
How much are the body corporate levies?
Body corporate levies are approximately $34 per week.
Does Calypso Bay have a body corporate?
Calypso Bay is at the forefront of planned residential community developments through its community titles scheme. When you purchase at Calypso Bay, you become a member of the body corporate which is responsible for the regulating and maintaining services and standards at Calypso Bay to safeguard your investment and lifestyle.