International marketing campaign launched for Mariner’s Cove

The Mariner’s Cove Retail Village, and Marina in Main Beach are being offered to the market.

The sale is being made by the Sunland Group.

The asset is located adjacent to the 5-star Palazzo Versace Hotel, also delivered by Sunland Group in 2000, and opposite the Sheraton Grand Mirage Resort.

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 sqm, and the 102-berth Mariner’s Cove Marina.

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

“Capital from the sale of the site will be redeployed to Sunland’s growing south-east Queensland portfolio of residential land, housing, apartment and integrated retail developments, in line with our core business.”

The international expressions of interest campaign, managed by James Branch and Mark Witheriff of Knight Frank will close on 28 November 2019.

The Mariner’s Cove Retail Village is the largest coastal strip development on the Gold Coast.