Experience luxury waterfront living at The Cove at The Island in Pelican Waters. With 40 penthouse-style residences available, you'll have the opportunity to live in the last remaining waterfront site in Pelican Waters with breathtaking views of the marina and canal.

Our residences are designed for owner-occupiers, with larger plans and all offering water views. Each apartment features high-end fixtures and ducted air conditioning, along with Bosch appliances and Roger Seller plumbing fixtures for the ultimate in sophistication and comfort. The private beach rooms for all units are the perfect place to relax and enjoy the stunning views.

Take advantage of our north-facing resort-style pool, which is exclusive to residents and free from short-term letting. And with secure basement car parking, your vehicle and valuables will always be safe. Plus, The Cove at The Island is pet-friendly, so your furry friends can enjoy the waterfront lifestyle too.

The ground floor River Room is a unique and exclusive feature, with only 6 residences receiving access to this private lounge, kitchenette, and deck overlooking the canal. And for those who love to entertain, the River Room also includes private liquor cabinets and a pool table.

Step outside and take a short walk to the new Marina and Pelican Waters Shopping Centre, where you'll find everything you need right at your doorstep. And with the construction of Comino Penthouse Residences set to commence in February 2023, now is the time to secure your place in this highly anticipated development.

Don't miss out on this incredible opportunity to lead the waterfront lifestyle you've always dreamed of.

The Cove Stage 1 - 1 Glover Place, Pelican Waters

Sails - 1 Affinity Place, Birtinya

Salt on Taylor - 37-39 Taylor Avenue, Golden Beach

Banksia - 25 Baden Powell Street, Maroochydore

Sage on Bower - 15 Bower Street, Caloundra

The Carlyle Terraces - 14 Coral Sea Drive, Pelican Waters

The longstanding Sunshine Coast developer&nbsp;Henzell Property Group&nbsp;is set to create a mixed-use development in Caloundra, which they say will be one of the most exciting launches the Sunshine Coast will see in 2021.

Henzell, who have been reshaping the Sunshine Coast over the last four decades, have acquired the Suncourt Motel,&nbsp;set on a prized, mostly vacant,&nbsp;6,175 sqm site at the entry to Caloundra.

Henzell will develop&nbsp;high-end retail and dining at street level, with modern apartments dedicated to owner-occupiers above.

The&nbsp;135 Bulcock Street site, also with a street frontage to Omrah Avenue, was a unique opportunity to create a new entry statement for central Caloundra, Henzell Property Group sales director Marcus Muir says.

&ldquo;We have had our eye on this property for some time, so what we have planned has been carefully considered,&quot; Muir says.

&quot;We feel this site, with the correct product mix, will be one of the most exciting launches that the Sunshine Coast will see in 2021.

&ldquo;This development will combine luxurious residences offering exceptional views within an entertainment precinct that will attract high end lifestyle operators locally and from across Queensland.

&ldquo;We have already commenced discussions with a number of dining and retail operators and there are many more who have yet to move to the Coast as they have been waiting for the perfect location.&rdquo;&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marcus_muir_and_mclean_henzell_smaller.jpg" width="1200" /> 
Marcus Muir, left, with Henzell&nbsp;director McLean Henzell. Image supplied

Henzell Property Group plans to deliver the project in two stages, with the design taking advantage of the two-street frontage by creating an activated laneway for vehicle and pedestrian access between Bulcock Street and Omrah Avenue providing a new sidewalk boulevard restaurant precinct.

&ldquo;This will become an iconic Sunshine Coast location for residents and visitors alike providing a new streetscape that connects Bicentennial Park, north of Omrah Avenue, and south to the beachfront,&rdquo; Muir said.

&ldquo;The location offers everything that residents could want in a Sunshine Coast lifestyle with an easy stroll to some of Caloundra&rsquo;s best beaches and shopping with Bulcock Street right at your doorstep.

&ldquo;When combined with luxurious apartments offering generous floor plans and either northern orientation or sprawling ocean views, this is exactly what the market is looking for in a coastal residence.&rdquo;

The first stage of the development will comprise a boutique collection of 39 apartments over 10 levels that will boast some of the best view&rsquo;s that Caloundra has to offer.

Preliminary works have already begun at this stage ahead of Henzell Property Group releasing apartments to the market.

&ldquo;We have chosen to release the most boutique offering to the market first to cater for exceptional demand for luxury residences by owner-occupiers,&rdquo; Muir said.

&ldquo;Stage one will comprise a collection of two and three-bedroom residences along with a penthouse collection, resort style pool and tranquil pool side areas.&rdquo;

Henzell Property Group has been buoyed by the success of its latest development at Pelican Waters, with a sell-out of an exclusive release of luxury residences in the first stage of the $200 million precinct known as The Cove.

[smartcode_project:default project_id=27849 project_image_fid=151643]

All 15 homes in the Terrace Collection were snapped up for a total of $12 million, highlighting the appeal of high-end residences among-end users on the Sunshine Coast.

&ldquo;Buyers in this segment of the market are typically looking for a relaxed lifestyle close to the water and within easy reach of retail, dining and entertainment facilities,&rdquo; Muir added.

&ldquo;With this iconic new development, we are planning to add a new level of sophistication to the natural appeal that attracts so many people to the Caloundra lifestyle.&rdquo;

Henzell Property Group

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