Waterfront community achieves $30 million in sales amid COVID-19

The Gold Coast’s latest waterfront land project, Serenity 4212, has amassed almost $30 million in sales amidst the COVID pandemic in a stunning display of sentiment for the last masterplanned community on the northern Gold Coast.

More than 40 per cent of the project’s first stage has been sold primarily to local buyers as the Brisbane-based developers Keylin and Kinstone tap into a well-known acute shortage of waterfront land in the region.

Construction on the $650 million private, gated community commenced last month, and the project amassed more than 1200 inquiries prior to official launch and completion of site works.

“The sales rate has been absolutely astounding, particularly in light of the pandemic,” said Tony Ashwin, Director of Ashwin Property who is marketing the project.

“In some ways we’re not surprised because people on the northern Gold Coast are aware this amazing project is coming and equally aware of the critical shortage of land.

“Combined with the pristine nature of this totally private, secured estate, the sales rates confirm the extreme demand among buyers to secure what are the last waterfront parcels in the northern Gold Coast outside of Sanctuary Cove.”

Mr Ashwin said while there was some uncertainty about fielding enquiries during COVID-19, local buyers had been waiting a long time for the release of Serenity 4212.

“The developers did their research and knew of the limited waterfront availability in the area. At the same time local buyers have been looking for a chance to secure waterfront land, and Serenity offers them a final opportunity to do just this,” he said.

Serenity 4212 offers a wide range of housing lots, with reserve and waterview land from 500sqm to 1061sqm available and absolute waterfront land up to 1326sqm on offer. Housing lots are available from between $489,000 and $1,290,000.

Local MP David Crisafulli said the strong result was part of the unique attributes of the northern Gold Coast.

“If the outbreak of this pandemic has shown us anything it’s that people value their health and safety,” Mr Crisafulli said.

“When you couple that with the fantastic lifestyle and job opportunities on the northern Gold Coast you have a recipe for investment success.”

While the project has appealed to predominantly local owner-occupiers, new buyers are also from Brisbane, including some interstate and international markets.

Mr Ashwin said buyers were drawn to the project due to the range of housing lots available and the ability Serenity offers them to build a customized dream home amongst a pristine parcel of land.

“The stunning natural environment Serenity is located within, and the lifestyle that comes from living in the Gold Coast’s North Shore, is attracting many buyers to the project,” said Mr Ashwin.

“A lot of our buyers have built before and they are now looking for a place to create a long-term, permanent residence for their family, and they see Serenity as being the ideal place to do this.”

Serenity is tucked away in a stunning tract of land adjoining Lake Serenity – a lock-controlled lake residents have direct access to – and the internationally protected Coombabah Lakelands.

The waterways in the heart of the community back onto the Coomera River and broader Hope Island marine and leisure precinct, offering residents direct access to the Gold Coast’s waterways.

Only 15ha of the 65ha site will be developed, offering spacious residences, ample outdoor spaces and walkways for residents, as well as three architecturally designed waterfront parks.

Future stages will include a mini-marina precinct and the Serenity Greens community which will offer 60 four-bedroom, two car space townhomes priced from $489,000 and averaging 200sqm.

The project is multi-staged and will also encompass retirement, retail and apartments in addition to townhouses, residential land and a marina.

Located on the eastern side of Helensvale, bordering Hope Island, the waterfront community is ideally located just 10 minutes from a range of retail facilities including the Hope Island Market Place, Westfield Helensvale and the Harbour Town Premium Outlets.

Serenity will be designed by Form Landscape Architects who deliver world-class projects across South East Queensland, as well as BDA Architecture who have a key focus on quality, environmental awareness and innovation through all their projects.

Serenity 4212 is on track for first land settlements to take place in December this year and will be officially launched in coming weeks.

For further information or to register your interest visit www.serenity4212.com.au