Sovereign Islands (Post Code: 4216)
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Property Management Sovereign Islands - Gold Coast - Suburb Profile
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The island communities of Sovereign Islands and neighbouring suburbs, Paradise Point and Ephraim Island, are widely considered to be the most prestigious addresses on the Gold Coast. The enclave of islands are the jewel of the city's Broadwater, setting the benchmark in waterfront living.
Just minutes north of Surfers Paradise, this area offers convenient access to Brisbane while seemingly a world away from the rest of the Gold Coast.
The final stage of Sovereign Islands has been released, with waterfront home sites at the island's Knightsbridge precinct making headlines after a number of multi-million dollar sales in quick succession.
Among them was a record-breaking $9.5 million sale for a 3500 square metre vacant home site which is considered to be the highest price paid for a vacant waterfront site in Queensland and possibly Australia.
This sprawling parcel of land is north-facing and features unrestricted Broadwater views to North Stradbroke Island.
Designed with individual privacy and tranquillity in mind, this exclusive area provides the best life has to offer.
Deep water access and moorings that are protected from the open ocean accommodate owners of big boats - which there are plenty of in this luxurious neighbourhood, along with bridge-free access for masted yachts.
The $545 million Ephraim Island luxury residential development on the northern end of the Gold Coast has surged ahead in the last year with millions of dollars in sales and construction activity peaking with more than 640 men on site at one stage.
Billed as Australia's most prestigious residential island, Ephraim Island is a joint venture between Mirvac and the Lewis Land Group of Companies.
The development occupies a 9.619ha vacant island in the middle of the Broadwater and it is connected to the cosmopolitan village of Paradise Point by a 400 metre fully renovated bridge.
Sales during the year included luxury apartments, absolute beachfront houses.
Source:REIQ
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