Keylin sell-out two Hope Island townhouse developments The Cove and Palladium

Their biggest project was the Park Cove master-planned community which comprised 80 villas, 31 parkside terraces and 16 waterfront homes
Keylin sell-out two Hope Island townhouse developments The Cove and Palladium
The waterfront homes at Park Cove. Image supplied
Joel Robinson June 30, 2021

The Brisbane-based Keylin has sold-out both of its Hope Island townhouse developments.

Their biggest project was the Park Cove master-planned community which comprised 80 villas, 31 parkside terraces and 16 waterfront homes.

Keylin, led by director Louis Cheung, launched the first of the first stage development at 27-31 Sickle Avenue in 2016.

Buyers swooped on the fifth and final stage, with Cheung saying that it represented the last chance to purchase undeveloped land within the luxury project.

“The development of Park Cove has allowed buyers to construct their own property in a prized, gated community with exceptional amenities and access to surrounding entertainment and it is located in an area that’s in exceptionally high demand,” Cheung said.

Keylin sell-out two Hope Island townhouse developments The Cove and Palladium

Tony Ashwin, Director of Ashwin Property who marketed the project, said the high demand surrounding Park Cove’s final instalment has been a success.

“With limited opportunity remaining for buyers on the Gold Coast to secure land in the area, Park Cove has exceeded our expectations for how well each stage was received by buyers,” said Mr Ashwin.

Part of the master-planned community, which neighbours over three hectares of parkland, is an outdoor leisure and entertainment area with picnic, pool and barbecue facilities.

Keylin also recently secured the sell out of the $30 million developer Palladium, a collection of 39 villas.

The exclusively waterfront homes, which saw a surging demand from downsizers and those seeking low maintenance, waterfront lifestyles.

Keylin sell-out two Hope Island townhouse developments The Cove and Palladium

The architecturally-designed three and four bedrooms villas each have two bathrooms and a powder room, and large windows and stacking doors which take full advantage of waterfront and golf course views.

“We saw incredible response to the Palladium villas from the moment they hit the market. Our homes ticked all the right boxes for owner-occupiers seeking that luxury standard, waterfront lifestyle that connects them to a sense of community,” Cheung said.

All 39 villas will have access to a waterfront boardwalk which connects to nearby cafes, restaurants and shops at the Hope Island Marina Shopping Centre. Construction has begun on Palladium's first stage.

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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