Gold Coast developer Aniko Group has lodged a development application with the city council for a series of spectacular marina berths fronting its highly successful luxury apartment development, No. 1 Grant Avenue.
The plans comprise 16 marina berths of between 12 and 15 metres located along the Hope Island waterfront.
The berths will provide direct and bridge-free access to the Broadwater, providing suitable moorings for larger vessels.
Aniko Group managing director George Mastrocostas said the berths are a perfect fit for the No. 1 Grant Avenue development which is proving popular among lifestyle buyers, edging the project’s sales past the 70 per cent level.
“Waterfront living is what Hope Island is all about, and the marina berths will complement our vision at No. 1 Grant Avenue as the ultimate resort-style residence,” he said.
The marina berths release also plans to cater for growing demand for mooring facilities in south-east Queensland.
“There’s been an explosion of watercraft ownership over the past 10 years and the Gold Coast is at the centre of that with some of the state’s busiest boat ramps,” said Mr Mastrocostas.
“Marina berths will appeal to both investors and avid boaties who understand the true value and convenience of a well-located marina berth.”
Mr Mastrocostas said many apartment buyers at the $140 million No. 1 Grant Avenue project have expressed interest with seven of the 16 marina berths already selling pending council approval.
“Many of our buyers choose to live at Hope Island because it’s within easy access to some of Australia’s best protected waterways, so this is the next step for them.
“We also believe the broader market has an appetite for a premium offering such as this.”
Aniko’s marina berth release comes on the heels of plans to significantly expand the Gold Coast Marine Precinct at nearby Coomera, cementing its position as the premier destination in the South Pacific to service recreational vessels.
The expansion plans by The Boat Works and Gold Coast City Marina are worth a combined $200 million. The work will not only boost capacity for repair and maintenance facilities, but also create a new social and entertainment precinct with a boutique shopping and dining experience that will highlight the precinct as an attraction in its own right.
The 2016 Census shows more than 250,000 recreational watercrafts were registered in Queensland, accounting for one vessel for every 19 Queenslanders.
Marina berths at No. 1 Grant Avenue are to be priced from $60,000 to $85,000.