Gold Coast community fast tracked as demand surges

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THE third stage of Keylin and Kinstone Group’s $650 million Serenity 4212 Gold Coast community has been brought forward, as enquiries surge for the developments first two stages.

Serenity Reserve, which will be a joint venture between Keylin and Kinstone, will be a collection of 83 town homes within the Hope Island adjacent community.

With prices starting at $548,000, the development will consist of four-bedroom, two-bathroom dwellings, with access to community amenities such as a pool and gym.

The release comes after the previous two stages, Serenity Waters and Serenity Green, sold out and with more than $107 million in sales, with the former generating more than 3400 enquiries alone.

“The latest release is aimed at buyers looking to capitalise on existing government grants, including the state government first-home owner’s grant,” said Louis Cheung, director of Keylin.

The Serenity 4212 community is being constructed around Lake Serenity and along Saltwater Creek, the community is part of Keylin’s over $1 billion south east Queensland development portfolio from the previous five years.

Additionally, the release has been strategically timed to capitalise on the HomeBuilder grant, which expired on March 31.

Modulus Architecture designed, Serenity Reserve, will be located along Lake Serenity and adjacent to a natural reserve community park, which is part of the 27 hectares preserved for public space.

“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,” concluded Cheung.

The joint venture partnership between Keylin and Kinstone, currently has over $250 million in their combined south east Queensland development portfolio.

Most recently the two developers acquired a strategic development site in the emerging Coomera town centre precinct. The 47.7-hectare Gold Coast purchase, at 64 Foxwell Road, will allow for 30-100 dwellings per hectare.

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