Resort-style environment draws in buyers for record prices
Established homes on the Sanctuary Cove Pines golf course have skyrocketed in value – the latest Sanctuary Cove records show.
With the soaring prices of established golf course-fronting homes, the rush is on for the final release o f land at The Pines. With only 16 lots remaining, potential buyers are being urged to lock in land now.
Located in a prime position overlooking one of the country’s top golf courses, Sanctuary Pines is part of an award-winning, master planned development with a range of quality golf course-fronting sites.
Since going to market in 2017, half of the 32 lots in Sanctuary Pines have been secured, with land currently selling upwards from $995,000.
One home recently sold for $6.5 million, with another selling for $5.5 million.
Mulpha International general manager John Hughes said the record-setting prices at Sanctuary Cove could represent the most expensive golf course property in Australia.
“There is a distinct lack of golf course-fronting land in Sanctuary Cove, and there are currently very few lots on the market for resale,” Mr Hughes said.
“Waterfront land has always been in high demand, but we are now seeing demand for golf course-fronting land rise to similar levels.”
Mr Hughes said the remaining 16 lots in the final release of Sanctuary Pines offered buyers land in a pristine, resort-style environment on the Gold Coast.
With large, gently sloping home sites ranging from 760sq m to 1129sq m, the lots offer a luxurious living opportunity for those seeking to make the most of the estate’s iconic resort lifestyle, fully-integrated amenities and world-class recreational facilities.