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Bound for Hope Island’s waterfront


Hope Island used to be a farm land retreat for Margaret Malouf when she was a child, now it is part of her retirement plan, thanks to the foresight of a developer who started land banking in the northern Gold Coast neighbourh­ood 28 years ago.

Developer Rick Sheida’s luxury over 50s Anchorage Apartments at Hope Island is

1.7 hectares of waterfront living and is part of the island’s transforma­tion into a luxurious and secure lifestyle destinatio­n with a marina, harbour front shopping and dining, golf courses, and the up-market communitie­s of Sanctuary Cove and the Hope Island Resort.

“When we started here we had no idea how it was going to go it just evolved with a couple of shopping centres,” Mr

Sheida said.

“Then we had golfers and downsizers wanting to be in the quieter part of town.

“In the past three to four years Hope Island has gone amazing, everything has been taken up. There’s hardly any vacant land left. If you took at aerial shots from four years ago you’ll see the difference.”

Mr Sheida began building Anchorage Apartments four years ago at a rate of one building a year and is finishing off the eight-storey stage-four apartments that will be home to 42 new residents, including Brisbane local Mrs Malouf.

A fifth building is also under constructi­on and is at carpark level.

From the balcony of her two-bedroom Bulimba apartment in Brisbane’s inner east, Mrs Malouf has views of the Brisbane River, but by Christmas she will have swapped this for views over the Hope Island canals on the Gold Coast in her new three-bedroom Anchorage apartment.

“Brisbane has been fantastic for me in my working life, but it’s not what I want as a retirement life,” Mrs Malouf said.

“Anchorage has everything I want. The

apartment has the pool, the gym, all those sorts of things and it’s much quieter.

“I still see Hope Island as beautiful as ever and so that’s what made me buy it, it’s not just the family connection, I just knew Hope Island and I really loved it.”

Mr Sheida said Anchorage had evolved as the expectatio­n of buyers changed over time and there is now a strong focus on large apartments of between 140sq m to

280sq m and amenities, such as community vegetable gardens, an undercover car washing bay, book swapping and regular communitie­s activities.

“Our floor plan has changed and become bigger, and we’re now getting people from Sanctuary Cove who are coming from a five-bedroom, five-bathroom house to us, so they don’t mind moving in to something smaller but they don’t want to compromise on quality. And that’s worked for us.”

The luxury address on Sheehan Avenue has 15-metre private marina berths on the city’s widest man-made canal with direct access to the Coomera River and Broadwater.

 ??  ?? The Anchorage Apartments at Hope Island. Below: Margaret Malouf spent holidays in the area as a child and now plans to retire there.
The Anchorage Apartments at Hope Island. Below: Margaret Malouf spent holidays in the area as a child and now plans to retire there.
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