Experience luxury waterfront living at The Cove at The Island in Pelican Waters. With 40 penthouse-style residences available, you'll have the opportunity to live in the last remaining waterfront site in Pelican Waters with breathtaking views of the marina and canal.

Our residences are designed for owner-occupiers, with larger plans and all offering water views. Each apartment features high-end fixtures and ducted air conditioning, along with Bosch appliances and Roger Seller plumbing fixtures for the ultimate in sophistication and comfort. The private beach rooms for all units are the perfect place to relax and enjoy the stunning views.

Take advantage of our north-facing resort-style pool, which is exclusive to residents and free from short-term letting. And with secure basement car parking, your vehicle and valuables will always be safe. Plus, The Cove at The Island is pet-friendly, so your furry friends can enjoy the waterfront lifestyle too.

The ground floor River Room is a unique and exclusive feature, with only 6 residences receiving access to this private lounge, kitchenette, and deck overlooking the canal. And for those who love to entertain, the River Room also includes private liquor cabinets and a pool table.

Step outside and take a short walk to the new Marina and Pelican Waters Shopping Centre, where you'll find everything you need right at your doorstep. And with the construction of Comino Penthouse Residences set to commence in February 2023, now is the time to secure your place in this highly anticipated development.

Don't miss out on this incredible opportunity to lead the waterfront lifestyle you've always dreamed of.

The Cove Stage 1 marks an exquisite masterplanned enclave delivered by fourth-generation developer Henzell Property Group and designed by OGE Group Architects. Comprising spacious apartments and terraces, the built form embraces coastal modernism with expansive open-plan layouts, generous proportions, and seamless transitions to private alfresco entertaining areas. Complementing the architecture, resort-style amenities and subtropical landscaping by Place Design Group establish a private sanctuary characterised by high-end finishes and enduring craftsmanship.

Waterside lifestyle positioned 400 metres from Pelican Waters Shopping Village and Marina amenities.

Pelican Waters Shopping Village

Pelican Waters Family Doctors

Pelican Waters Boulevard Bus Stop

Caloundra City Private School

Spitfire Banks Parkland

The Cove Stage 1 - 1 Glover Place, Pelican Waters

The Cove Stage 1

Positioned in the heart of the Sunshine Coast’s sought-after Pelican Waters community, Cove Comino offers an exclusive collection of house-sized waterfront apartments, thoughtfully designed to embody refined coastal living. Priced from $1.87 million, each residence delivers generous proportions and elevated design detailing that redefines apartment living in this established canal-front enclave.Comino forms part of The Cove, a masterplanned residential precinct where architecture, landscape, and community converge. Residents will enjoy a selection of two- and three-bedroom apartments, all oriented to capture uninterrupted north-east views over the water and the lush green open spaces that define the Pelican Waters lifestyle. Designed with privacy, light, and connection in mind, these apartments combine the ease of single-level living with the spatial comfort typically found in standalone homes.<h3>Thoughtfully designed interiors with premium finishes and refined material selections</h3>Inside, Cove Comino reflects a commitment to craftsmanship and quality that is evident from the moment of entry. Each residence is distinguished by premium-level finishes, including quartzite stone surfaces, Bosch appliances, and Vintec wine fridges that highlight the attention to every design detail.The interiors have been designed to balance functionality with aesthetic appeal, creating a sense of understated sophistication. Open-plan layouts flow seamlessly to expansive balconies, inviting natural light and offering views that extend across the waterways. Every element—from flooring and joinery to lighting and fittings—has been curated to enhance the tactile and visual experience of daily life.A secure basement carpark is provided for each residence, with individual storage cages included. The commitment to security and comfort continues throughout the building with fully integrated CCTV coverage across vehicle entries, the lobby, individual floors, and landscaped grounds.<h3>Onsite amenities for everyday convenience and relaxation</h3>Comino’s design incorporates a lifestyle of ease and leisure, supported by world-class onsite amenities. At its heart is a fully heated, north-facing resort-style swimming pool that overlooks The Village Green and the waterfront, offering residents a tranquil place to unwind. This exclusive vantage point ensures that the panoramic water views will never be built out, maintaining the natural beauty and serenity of the setting.Residents also enjoy a beautifully landscaped private gated entry, complete with an outdoor art installation by award-winning Australian sculptor Matt Hill—a thoughtful touch that enhances the sense of arrival and distinction.<h3>Lifestyle and local amenity in Cove Comino, Pelican Waters</h3>Located within Pelican Waters’ vibrant masterplanned community, Cove Comino places residents within walking distance of a growing array of local conveniences and lifestyle destinations. The development is a short walk to the new Marina precinct, Pelican Waters Shopping Centre, and a selection of cafés and restaurants that capture the relaxed coastal rhythm of the Sunshine Coast.For those who love the outdoors, Golden Beach is also close by—perfect for swimming, paddleboarding, or simply enjoying the calm waters of Pumicestone Passage. The broader masterplan provides immediate access to parks and waterfront walkways, encouraging an active lifestyle connected to nature.<h3>The expert team bringing Cove Comino to life</h3>Cove Comino forms part of The Cove’s broader vision for Pelican Waters, a carefully curated residential precinct that unites design excellence with an enduring sense of place. The development’s build quality and material selections reflect an uncompromising approach, ensuring long-term value and livability. The inclusion of works by Matt Hill, an acclaimed Australian artist, underscores the team’s commitment to integrating art, landscape, and architecture within the residential experience.

Introducing Cove Comino, Pelican Waters – premium penthouse-sized residences with uninterrupted waterfront views

Cove Comino showcases a sophisticated collaboration between Henzell Property Group and O.G.E Group Architects, translating the scale and privacy of a standalone home into refined waterfront apartment living. Each residence is strategically oriented to maximise natural light and prevailing breezes through generous north-east-facing terraces, complemented by soaring ceilings, bespoke fluted joinery, and tactile quartzite stone surfaces. Within the grounds, a private resort-style swimming pool and sculpted subtropical gardens deliver an acoustically sheltered sanctuary crafted for effortless indoor-outdoor living.

Master-planned waterfront living 600 metres from Pelican Waters Shopping Village and Marina.

Spitfire Banks Drive Park

Catherine Street near Maryann Street Bus Stop

Cove Comino - 18 Spitfire Banks Drive, Pelican Waters

Cove Comino

Salt on Taylor fuses mid-century Palm Springs architecture with a crisp Australian coastal aesthetic across an intimate collection of eight boutique residences delivered by HM Developments. Each multi-level home prioritises generous volume and natural light, characterised by 2.7-metre ground-floor ceilings, engineered stone surfaces, and bespoke hardwood timber staircases. Thoughtfully zoned floorplans transition seamlessly from open-plan living zones to private landscaped courtyards, complemented by curated coastal greenery and a private resident-only outdoor beach shower.

Salt on Taylor - 37-39 Taylor Avenue, Golden Beach

Salt on Taylor

Sails delivers a boutique waterfront enclave shaped by Henzell Developments, pairing contemporary coastal architecture with considered spatial planning along the Lake Kawana shoreline. Each residence features expansive multi-level layouts marked by soaring 2.7-metre ceilings, rich hardwood timber staircases, stone finishes, and seamless transitions to private alfresco entertaining terraces. The private realm is anchored by an exclusive resident plunge pool nestled within architecturally landscaped coastal gardens, providing a tranquil communal retreat.

Sails - 1 Affinity Place, Birtinya

Sails

Banksia delivers an intimate residential experience characterised by clean architectural lines and an emphasis on relaxed coastal sophistication. Each light-filled residence prioritises spatial flow through open-plan living and dining zones that transition seamlessly via expansive glass sliders to deep, private balconies engineered for effortless cross-ventilation. Refined with stone surfaces, bespoke joinery, and integrated solar energy, the boutique address balances low-maintenance luxury with a landscaped communal barbecue terrace for residents.

Banksia - 25 Baden Powell Street, Maroochydore

Banksia

Sage on Bower, crafted by HM Developments, presents an exclusive boutique collection of dual-level townhouses articulated with a refined coastal architectural aesthetic. Each residence prioritises spatial clarity, featuring high-ceilinged open-plan living and dining areas that flow seamlessly into private, covered alfresco courtyards. Elevated by natural timber staircases, waterfall stone benchtops, and ducted climate control, the interiors achieve an effortless balance of thermal comfort and modern craftsmanship.

Sage on Bower - 15 Bower Street, Caloundra

Sage on Bower

The Carlyle Terraces showcases the long-standing master-planning pedigree of Henzell Property Group, presenting an exclusive, securely gated enclave of coastal terrace homes. Each dual-level residence is configured with expansive open-plan living areas that transition effortlessly between private front and rear courtyards, maximising natural cross-ventilation and coastal light. Refined architectural finishes, robust structural craftsmanship, and a resident-only swimming pool set amid landscaped gardens cultivate a low-maintenance sanctuary prioritising acoustic privacy and relaxed subtropical living.

The Carlyle Terraces - 14 Coral Sea Drive, Pelican Waters

The Carlyle Terraces

The longstanding Sunshine Coast developer&nbsp;Henzell Property Group&nbsp;is set to create a mixed-use development in Caloundra, which they say will be one of the most exciting launches the Sunshine Coast will see in 2021.

Henzell, who have been reshaping the Sunshine Coast over the last four decades, have acquired the Suncourt Motel,&nbsp;set on a prized, mostly vacant,&nbsp;6,175 sqm site at the entry to Caloundra.

Henzell will develop&nbsp;high-end retail and dining at street level, with modern apartments dedicated to owner-occupiers above.

The&nbsp;135 Bulcock Street site, also with a street frontage to Omrah Avenue, was a unique opportunity to create a new entry statement for central Caloundra, Henzell Property Group sales director Marcus Muir says.

&ldquo;We have had our eye on this property for some time, so what we have planned has been carefully considered,&quot; Muir says.

&quot;We feel this site, with the correct product mix, will be one of the most exciting launches that the Sunshine Coast will see in 2021.

&ldquo;This development will combine luxurious residences offering exceptional views within an entertainment precinct that will attract high end lifestyle operators locally and from across Queensland.

&ldquo;We have already commenced 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.&rdquo;&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marcus_muir_and_mclean_henzell_smaller.jpg" width="1200" /> 
Marcus Muir, left, with Henzell&nbsp;director McLean Henzell. Image supplied

Henzell Property Group plans to deliver the project in two stages, with the design taking advantage of the two-street frontage by creating an activated laneway for vehicle and pedestrian access between Bulcock Street and Omrah Avenue providing a new sidewalk boulevard restaurant precinct.

&ldquo;This will become an iconic Sunshine Coast location for residents and visitors alike providing a new streetscape that connects Bicentennial Park, north of Omrah Avenue, and south to the beachfront,&rdquo; Muir said.

&ldquo;The location offers everything that residents could want in a Sunshine Coast lifestyle with an easy stroll to some of Caloundra&rsquo;s best beaches and shopping with Bulcock Street right at your doorstep.

&ldquo;When combined with luxurious apartments offering generous floor plans and either northern orientation or sprawling ocean views, this is exactly what the market is looking for in a coastal residence.&rdquo;

The first stage of the development will comprise a boutique collection of 39 apartments over 10 levels that will boast some of the best view&rsquo;s that Caloundra has to offer.

Preliminary works have already begun at this stage ahead of Henzell Property Group releasing apartments to the market.

&ldquo;We have chosen to release the most boutique offering to the market first to cater for exceptional demand for luxury residences by owner-occupiers,&rdquo; Muir said.

&ldquo;Stage one will comprise a collection of two and three-bedroom residences along with a penthouse collection, resort style pool and tranquil pool side areas.&rdquo;

Henzell Property Group has been buoyed by the success of its latest development at Pelican Waters, with a sell-out of an exclusive release of luxury residences in the first stage of the $200 million precinct known as The Cove.

[smartcode_project:default project_id=27849 project_image_fid=151643]

All 15 homes in the Terrace Collection were snapped up for a total of $12 million, highlighting the appeal of high-end residences among-end users on the Sunshine Coast.

&ldquo;Buyers in this segment of the market are typically looking for a relaxed lifestyle close to the water and within easy reach of retail, dining and entertainment facilities,&rdquo; Muir added.

&ldquo;With this iconic new development, we are planning to add a new level of sophistication to the natural appeal that attracts so many people to the Caloundra lifestyle.&rdquo;

Henzell Property Group

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