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High-profile developer launches bold bid for $95m precinct

He said plans would be lodged within four to six weeks. Henzell Property Group sales director Marcus Muir with Mclean Henzell at one of the group’s Pelican Water’s developments. This is a marquee product which we feel will be embraced by the Caloundra community, Mr Muir said. We have had our eye on this property for some time, so what we have planned has been carefully considered. Mr Muir said the development would combine luxury homes within an entertainment precinct that would attract high-end lifestyle operators from the Coast and across Queensland. We have already started 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, he said.

$12m sales blitz unfolds in popular community estate

Henzell Property Group has achieved a sellout in its terrace collection release in the first stage of The Cove, a $200m masterplanned community in the Coast s south. The Terrace Collection proved to be extremely popular with buyers, many of them attracted by the premium lifestyle we have designed for The Cove waterfront community, Mr Muir said. There s been a strong local owner-occupier trend and all of them have been drawn by the quality of the residences and the level of exclusive resident amenities that would be right at home in a world-class resort. We re experiencing exceptional demand across the entire Corsica Residences release which has set a remarkable early pace for our staged program to deliver The Cove s master plan over the next few years.

Buyer frenzy at first stage of $200m development

  Mr Henzell said the sales achieved were a reflection of high demand for luxury new residences tailored toward downsizers. He said the overwhelming inquiries and sales put the group way ahead of initial expectations. All five of the luxury penthouse terrace collection within the first stage sold within a week of its launch to market. Mr Henzell said one of the three-bedroom apartments in the penthouse collection sold to a Melbourne buyer who purchased it site unseen. The Cove is the final instalment in the Pelican Waters community which the Henzell family has been developing for more than 30 years. It will be developed over four stages and includes 220 apartments and terrace homes, a grocer and waterfront restaurant.

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