- The developers of Serenity 4212 have brought forward the third stage of their $650 million luxury townhomes project
- Successful sales of the first and second stage have driven the fast-tracking of stage 3
- The release was timed to meet needs of buyers looking to capitalist on the HomeBuilder grant scheme
In response to a wave of buyer demand, developers of Serenity 4212, the Gold Coast’s largest waterfront projects are bringing forward the third stage of its $650 million Serenity Reserve.
Comprised of a collection of luxury townhomes, each will include four bedrooms, two bathrooms, and premium finishes. Resident facilities will include a community swimming pool and a full-equipped gym.
The reserve will be set next to reserve parkland within the emerging Serenity 4212 community adjacent to Hope Island (a development site the developer acquired for $50 million in 2019).
The sales of the first and second stages, Serenity Waters and Serenity Green respectively were facilitated by Keylin, a real estate developer that secured $107 million for these two releases.
The forward release of the third stage was timed to meet the needs of buyers looking to capitalise on the Federal Government’s HomeBuilder grant before the March 31 deadline.
This time, Keylin will be in a joint venture with construction company, Kinstone, having a combined portfolio of over $250 million across South East Queensland.
Construction of these waterfront homes and townhomes is underway as demand for a Gold Coast lifestyle continues to drive activity.
In fact, Keylin reported more than 3,400 enquiries for the Serenity Waters release alone. And now after the successful sell-out of Serenity Green – which comprises of 60 architecturally designed townhomes – the developers have moved to fast-track the development of Serenity Reserve.
“Most of our buyers have been owner-occupiers, with many of them locals who are looking for the lifestyle and convenience of one of the best waterfront precincts on the Gold Coast,” said Keylin’s director, Louis Cheung.
Prices in this latest release will start from $548,000.