Sunland Group launches international expression of interest campaign for Mariner’s Cove

The Sunland Group has placed the Mariner’s Cove Retail Village and Marina in Main Beach on the market.

It is located adjacent to the 5-star Palazzo Versace Hotel, and opposite the Sheraton Grand Mirage Resort.

The Sea World theme park is located 1.8 kilometres north of the site.

Spanning 3.95 hectares, the waterfront site comprises the Mariner’s Cove Retail Village with a net lettable area of 4,278 square metres, and the 102-berth Mariner’s Cove Marina.

Sunland Group managing director, Sahba Abedian, said the decision to take the Mariner’s Cove precinct to market follows the completion of The Spit Masterplan, released in May.

“The Spit Masterplan sets a clear direction for development within this unique and internationally recognised coastal tourism precinct,” Abedian said.

The international campaign is being managed by James Branch, and Mark Witheriff, of Knight Frank.

Branch said future developments could include components of both a Premier 5-star hotel and residential apartments, maximising the benefits of the existing marina and high-grade marina facilities suitable for use by the growing super yacht market, as proposed by the Spit Masterplan.

The expression of interest campaign will close November 28.