Weekend Gold Coast Bulletin - Property
Picture perfect village
Serenity Cove has plenty to recommend it to buyers looking for that waterfront lifestyle
DIMINISHING supply of new waterfront land at Hope Island has propelled a fleet of buyers to drop anchor at the $500 million Serenity Cove masterplanned development.
The emerging luxury lakefront community has recorded more than $15 million in firstrelease sales since launching to the market earlier this year, with Gold Coasters seeking a local sea change figuring as the dominant buyer group. Buyers Susanne and Ray Harrison (pictured) are a prime example – currently living on an acreage at nearby River Downs, the couple views Serenity Cove as the perfect opportunity to downsize while gaining a waterfront lifestyle on the community’s centrepiece Lake Serenity.
“We used to be full-on with our small business but more recently we have been focusing on lifestyle and taking things a little easier,” Mrs Harrison said.
“We do like the area very much and we always wanted to be on the water. The tranquillity and the wildlife on the lake is amazing.”
The Harrisons have bought a 905 sqm lakefront lot where they plan to start building a single-level home in October.
“We love going out on the water but we haven’t had much opportunity since selling the boat a couple of years ago,” Mrs Harrison said. “We will be getting a new one when we install the pontoon.”
Thanks to Serenity Cove’s now complete $5 million navigation lock the Harrisons will have quick and easy access to Saltwater Creek and the Coomera River, Gold Coast Broadwater and the ocean beyond.
They are also looking forward to seeing Serenity Cove’s masterplan unfold, with plans for a marine village with cafes, restaurants and shops.
“One of the big drawcards for us is the village atmosphere of Serenity Cove, and it’s all going to be just a short walk away,” Mrs Harrison said.
Colliers International national director of residential project marketing Tony Hymus said while Gold Coast buyers remained the strongest demographic at Serenity Cove, purchasers from farther afield were jumping aboard.
Serenity Cove will ultimately comprise a mix of 143 vacant land lots, townhomes, freestanding homes and apartments when completed.
The first stage land release comprises 48 lots priced from $475,000.
Serenity Cove is being undertaken by SDSC, a joint-venture partnership between Malaysian developers Sime Darby and Brunsfield International Group.