Sanctuary Cove block of land sells for $1.65 million

first_img8831 The Point Circuit, Sanctuary Cove.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“Basically it’s the best land they’ve (Mulpha Group) ever released because it’s north to water, deep water, protected canal, close to the Broadwater, within a premiere secured resort and the last of it ever to be released,” he said.He said considering the coast of the land, the house set to be built there would be among some of the best not only at Sanctuary Cove but on the Gold Coast.“Realistically the only place which would have higher priced homes in one location would be Hedges Ave, Mermaid Beach,” he said.Mr Fliniks said he had negotiated more than $5 million of sales at The Point Circuit over the past 12 months.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59Sanctuary Cove is the first development of its kind in Australia.The $2 billion masterplanned community at the heart of Hope Island was established in 1986.It has developed a reputation for luxury living over the years with two golf courses, a marina, trendy retail precinct and 24-hour security.The 474ha gated enclave is designed around four harbours on the Coomera River.If offers a variety of residential properties but it is renowned for its waterfront mansions. 8831 The Point Circuit, Sanctuary Cove.A BLOCK of land on the Gold Coast has sold for a huge $1.65 million — that’s more than $2000 per square metre.The vacant 795sq m block at 8831 The Point Circuit, Sanctuary Cove sold to local buyers through Thomas Fliniks of Ray White Hope Island.He said with a shortage of vacant waterfront land, remaining blocks were “generating extreme interest and even more extreme prices”.last_img

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