RESIDENTIAL PROPERTY

Aniko secures Hope Island site

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GOLD Coast developer Aniko Group snapped up a waterfront site at Sickle Avenue, Hope Island, from Sickle Crescent Harbour Pty Ltd, a company associated with Victor Liu.

The 9,279 sqm site with an 80-metre frontage to the Hope Island Canal is the fifth secured by Aniko, adding to its $1 billion development portfolio.

Aniko boss George Mastrocostas said the site would be suited to a high-density apartment precinct similar its $140 million 1 Grant Avenue project, also on Hope Island.

“The site is very large and offers unfettered access to the Hope Island Canal and The Broadwater and we believe it would be suited to a luxury apartment project to complement what we have already created at Hope Island.”

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