Keylin riding Gold Coast property wave into 2021 with $107 million in sales at Serenity 4212

Brisbane-based Keylin has launched into 2021 in the same fashion as last year as it continues to dominate residential development on the northern Gold Coast with a range of spectacular projects.

Only 12 months after the launch of one of the Gold Coast’s largest waterfront land projects Serenity 4212 in Helensvale, construction has now commenced on a range of waterfront homes and townhouses following more than $107 million in sales. 

The company also has now set its sights on developing in another prime location after announcing last month it had acquired Coomera Town Centre site at 64 Foxwell Road in a joint venture with fellow Brisbane developer Kinstone. 

The purchase is the fifth major landholding purchased by the company in the last five years. Its’ portfolio, with an end value of more than $1 billion, includes Serenity 4212, Park Cove Villas, and Palladium townhouses at Hope Island.

Keylin recently launched the last remaining land to the market within its Park Cove project, offering buyers a final opportunity to secure a homesite within the prized waterfront community. 

Keylin is also contributing to the development of the adjacent Sickle Park, lodging plans with the Gold Coast City Council late last year for the development of terrace seating overlooking the canal, public parking spaces, new barbeque and picnic shelters as well as road and stormwater drainage upgrades.

Work on the park is expected to be completed in the second quarter of this year.  

Over 30 per cent of Serenity Green – a collection of 60 architecturally designed town homes – have sold out as joint developers with more than $12 million in sales in just four months following its market launch. 

Louis Cheung, Director of Keylin, said Keylin was keen to expand its residential and commercial portfolio in the northern Gold Coast growth corridor between Helensvale, Hope Island and Coomera.

“We are absolutely delighted that our range of residential offerings has been so warmly welcomed by the marketplace,” said Mr Cheung.

“Keylin, with our team of consultants, has worked very hard to create the most diverse residential options available within our projects and they have been very well received.

“It’s hard to believe that we have achieved so many sales in Serenity 4212 after only acquiring the waterfront site early last year and made so much progress across all our projects despite the challenges of the pandemic in 2020.”

Serenity Green’s spacious town homes are uniquely positioned to capitalise on a growing market of discerning buyers seeking larger sized homes. 

“Demand for larger sized home is certainly growing, which in part is due to buyers spending more time at home during Covid. While the impacts of Covid-19 of the Gold Coast are subsiding, buyers’ desire to upsize their lifestyles certainly remains,” said Mr Cheung. 

Tony Ashwin, Director of Ashwin Property which is managing the sales and marketing for Serenity 4212, said Serenity Green has been met with great immediate demand, particularly amongst the local owner-occupier demographic.

“Serenity 4212 is a unique, luxurious and well-priced offering and we’re witnessing great interest from the local community familiar with the great lifestyle on offer here,” said Mr Ashwin. 

“There really isn’t much else on the market with the same level of offerings in a beautiful, private and idyllic location, so well-priced to meet the market,” said Mr Ashwin.

“Demand for the larger sized home offering is certainly there. A lot of our buyers who don’t require all four bedrooms are converting the fourth room or the second living area into a home office which is ideal in a post-Covid working environment.”

A range of resident amenities will be on offer in the gated Serenity Green community including an outdoor recreation area with barbeque facilities and a large swimming pool.

Of the sales achieved to date, four first home buyers have taken advantage of $40,000 of government incentives – the $15,000 First Home Owners Grant and the $25,000 HomeBuilder scheme which ends this month.

The sales generated in Serenity Green add to the $72 million achieved through Serenity Waters – a collection of 110 waterfront blocks of land that back onto Lake Serenity and the Coombabah Wetlands Conservation Area.

Remaining town homes in Serenity Green are priced from $535,000.

Future stages in Serenity 4212 master-planned include a mini marina precinct with retail and 

Keylin is a key contributor to the development of the northern Gold Coast area, having delivered over $100 million worth of residential projects in the area over the past three years. 

Keylin and Kinstone retain the ownership rights to all their projects, allowing the companies to manage all ongoing maintenance. The properties in their portfolios continually demonstrate increasing value and rental return.

Serenity 4212’s on-site sales office is located at 480 Helensvale Road, Helensvale and is open daily from 12pm to 4pm.

For further information, visit https://www.keylin.com.au