One of the last large-scale waterfront development sites within South East Queensland has been listed for sale.

Situated in the Hope Island/Helensvale precinct with proximity to the 5-star resort and golf course of Sanctuary Cove, the subject site has extensive water frontage and is offered for sale via a two-stage tender process through joint agents, Mark Witheriff and James Branch of Knight Frank and Brendan Hogan and James Holland of Colliers International. 

Mr Witheriff said the site was a balance of the Serenity Cove Estate and was approved for 235 lots and dwellings.

“There are very limited comparable sites of this scale remaining on the Gold Coast, let alone those with extensive water frontage to cater for an up-market master-planned residential estate," he said.

“The Helensvale and Hope Island precinct is currently seeing strong sales of waterfront land and homes. Due to diminishing land supply in Hope Island, the suburb is currently seeing a resurgence in high-density living."

Knight Frank and Colliers International recently transacted the former Village Square Market Place site located nearby in Hope Island for $17.025 million.

The purchaser has since lodged plans for 348 retirement apartments across five eight-level buildings, further underpinning the sustainable population growth within the region. 

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