ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Sanctuary Cove

<html><body>
Cove House, on the Gold Coast's Sanctuary Cove, has been listed for sale.
The Cove House at Sanctuary Cove has hit the market after taking out the national home building industry’s top prize at the 2020 HIA-CSR Australian Housing Awards in May.
Owner Tracey Morland engaged her cousin, architect Justin Humphrey, to design the subtropical waterfront home.
<img src="https://www.realestate.com.au/blog/images/1280x720-fit,progressive/2020/11/26060047/capi_e19410e9de667619c8cb260d565b5681_7940fe70a4a2267361962608ec94ecfc.jpeg">
The riverfront home at 7366 Marine Drive was built in 2018 by BJ Millar Constructions using natural materials of concrete, timber and stone, and includes a large master bedroom and ensuite, two guest bedrooms – each with a bathroom – and a home office.
The north-facing residence incorporates garden atriums throughout the interior design, to separate living spaces while connecting to the exterior environment.
<img src="https://www.realestate.com.au/blog/images/1280x720-fit,progressive/2020/11/26060043/capi_e19410e9de667619c8cb260d565b5681_9c66a7c167dd8cc6cbfc978b282f84a1.jpeg">
Mrs Morland told REA that she listed the property for sale after purchasing a vacant riverfront site at Bayside Close, Sanctuary Cove, where she and Mr Humphrey will embark on another project.
She described the new project as, “one last hurrah”, following the thrill of The Cove House being named Australian Home of the Year, as well as picking up this year’s award for the HIA Australian Custom Built Home.
The house occupies a 966 sqm lot and exists almost completely self-sufficiently on a 15 kw solar system, Tesla energy storage batteries and a submerged rainwater tank under the driveway.
It is marketed by Matt Gates of Ray White Prestige Gold Coast Surfers Paradise.
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Cove House on the Gold Coast, the 2020 Australian House of The Year, listed for sale

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A waterfront Sanctuary Cove trophy home located in Sanctuary Cove Resort has been listed with an asking price of $3.5 million.
The four bedroom, four bathroom 526 sqm home sits on an 851 sqm block.
Situated at <a href="https://www.realestate.com.au/property-house-qld-sanctuary+cove-132653846" target="_blank">1014 Edgecliff Drive</a>, Glenys Pitkin of Harcourts Coastal is marketing the property.
The home features a pool, a 21 metre pontoon and 25 metres of deep water frontage.
<img src="https://www.urban.com.au/images/2019/12/17/JAN%20Beach%201%20-%202.JPG" alt="">
Located on Hope Island, the home was previously listed for sale at $1,395,000 before being taken off market back in 2011.
Last sold for $1,348,200, the home was purchased in 2007.
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Waterfront Sanctuary Cove Resort trophy home listed for $3.5 million

Selling Houses Australia guru Andrew Winter and wife Caroline have accepted $3.05 million for their redundant Sanctuary Cove&nbsp;home.

They had been asking $3,995,000 at the start of the year.

They renovated the Gold Coast&nbsp;home&nbsp;having paid $1.9 million for the Tuscan-inspired&nbsp;home&nbsp;in 2017.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/20/sanc%201.jpg" />

Amir Mian Prestige agents Charlon Delos Angeles and Alister Billingsley secured the sale after a number of agents had a go over the last 11 months.

The Winters are on to their new project in Mermaid Beach whether they recently spent $1,525,000 on a single storey, three bedroom&nbsp;home.

[smartcode_project:default project_id=6515 project_image_fid=68834]

Previous listings suggesting the&nbsp;home&nbsp;got helpful renovation tips by the Selling Houses Australia duo of interior designer Shayna Blaze and landscape gardener Charlie Albone, just away from the TV screens.

Now the&nbsp;home&nbsp;is an all-white villa with a terracotta roof, five bedrooms and a resort-style swimming pool in the tropical palms surrounds.

This article first appeared in&nbsp;The Weekend Australian.&nbsp;

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Selling Houses Australia's Andrew Winter sells Sanctuary Cove home

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Selling Houses Australia guru Andrew Winter and wife Caroline are yet to sell their Gold Coast home after it was passed in on a vendor bid at weekend auction.
The popular renovation show host had previously moved on from two agency's who were unsuccessful selling the Sanctuary Cove home.
It was initially listed for $3,995,000 in January.
Amir Mian Prestige agents Charlon Delos Angeles and Alister Billingsley had the weekend auction, with seven interested parties, according to the Gold Coast Bulletin.
It was passed in with a vendor bid of $3 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/16/Winter3.jpg" alt="">
The Winter's secured the home in 2017.
It was always going to be a renovation project for the couple, who paid $1.9 million for the Tuscan-inspired home.
There's no confirmation, but previous listings suggests the home was renovated by the Selling Houses Australia duo of interior designer Shayna Blaze and landscape gardener Charlie Albone, just away from the TV screens.
Previous marketing has stated the home was subject to a renovation under the supervision of an architect, interior designer and landscape designers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/16/Winter2.jpg" alt="">
The property was transformed from a dated holiday home to an all-white villa with a terracotta roof.
It is now a five bedroom contemporary home.
Each of the five bedrooms, one occupying the self-contained pool house, open to the resort-style swimming pool, surrounding by tropical palms.
The Winter's have are trading in Sanctuary Cove for Mermaid Beach where they've spent $1,525,000 on a single storey, three bedroom home.
 
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Property guru Andrew Winter fails to sell Sanctuary Cove home

<html><body>
Selling Houses Australia property guru Andrew Winter and wife Caroline have decided to go to auction to sell their redundant Sanctuary Cove home.
And have opted for their third agents to find the elusive buyer.
Its initial since was back in January when asking $3,995,000. The next agents came in April.
Charlon Delos Angeles and Alister Billingsley from Amir Mian Prestige Properties have a September 15 auction date.
Winter renovated the Marine Drive East home after paying $1.9 million in 2017.
The marketing suggests the home was subject to a renovation under the supervision of an architect, interior designer and landscape designers.
Each of the Tuscan-inspired home's five bedrooms open to the swimming pool.
The Winters have are trading in Sanctuary Cove for Mermaid Beach where they've spent $1,525,000 on a single storey, three bedroom renovation project.
The article was first published in the Weekend Australian. 
</body></html>

Andrew Winter gets third agent and sets auction for redundant Sanctuary Cove home

Selling Houses Australia and property guru Andrew Winter and wife Caroline are selling their Sanctuary Cove home on the Gold Coast.

They&#39;ve renovated the Marine Drive East home over their brief ownership, having paid $1.9 million for the Tuscan inspired home two years ago with a renovation in mind.

Now they&#39;re asking $3.95 million for the waterfront with 23 metres of river frontage and an eight metre pontoon.

[smartcode_project:default project_id=6515 project_image_fid=68835]

Set on a 950 sqm block, the home is built around a central courtyard with a 15 metre swimming pool. Every one of the five bedrooms have direct access to the pool.

The fifth bedroom sits in a self-contained pool house.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/21/Winter2.jpg" />

The listing subtly nods to a Selling Houses Australia renovation. It suggests the home was subject to a renovation under the supervision of an architect, interior designer and landscape designers.

Queensland Sotheby&#39;s agents John and Marie Manning, who sold the Winter&#39;s the home, have the listing again.

Last year following the renovation, Winter told realestate.com.au the home embracing the Queensland lifestyle.

&ldquo;It&rsquo;s got massive bi-fold doors, high ceilings &mdash; you throw the doors open and you&rsquo;re right on the water &mdash; it&rsquo;s got a pool, you get cross-ventilation, you get enough sun but not too much,&quot; the English born TV presenter said.

&ldquo;For a Pom, it&rsquo;s embracing the climate that we live in and the outdoor lifestyle.

&quot;It&rsquo;s always talked about and that&rsquo;s why we live here.&rdquo;

Winter reshuffled the couple&#39;s <a href="/news/property-guru-andrew-winter-reshuffles-his-seq-portfolio">Queensland property portfolio</a> last year.

jrobinson-rf4aSBido9

Selling Houses Australia's Andrew Winter lists his own reno

<html><body>
Car dealer Phil McCarroll is selling his Gold Coast holiday home.
The Sydney-based McCarroll paid $2.4 million for <a href="https://www.realestate.com.au/property-house-qld-sanctuary+cove-129235750" target="_blank">the Sanctuary Cove home</a> in 2008.
McCarroll has fully renovated the waterfront over his decade long ownership.
There are four bedrooms, split into two wings, and a central living space that opens to a terrace that adjoins the tennis court on its 1,740 sqm block.
An alfresco entertaining area with built in barbecue looks over the 11 metre infinity edge pool, etched with the term 'La dolce vita', translated to the good life. 
Queensland Sotheby's agents John and Marie Manning are seeking $3.95 million.
Last year McCarroll spent $6 million on Craboon, the luxury 1920s stone cottage at Palm Beach north of Sydney while retaining a Duffys Forest acreage. 
This article first appeared in The Weekend Australian.
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Car dealer Phil McCarroll selling in Sovereign Islands

<html><body>
Sanctuary Cove has gained a global market reach through Queensland Sotheby’s International Realty.
Long-term Sanctuary Cove residents and real estate agents, John and Marie Manning have joined Queensland Sotheby’s International Realty (pictured above) heading the new Sanctuary Cove, Hope Island office.
For over a decade, the couple have operated Manning Real Estate as Sanctuary Cove specialists.
<img src="https://www.urban.com.au/images/2018/7/6/SC%20cove%203.JPG" alt="">
Sanctuary Cove (pictured above) is a self-contained gated community situated on 474 hectares and located on Hope Island, Queensland.
Within the waterfront development, there are diverse land, apartment, villa and house offerings.
Community amenities include two 18-hole championship golf courses, a 293-berth marina with superyacht facilities, vibrant shopping and dining precincts, country club facilities, 24-hour land and water security, and the five-star InterContinental Resort Hotel.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/7/6/SC%20cove%202.jpg" alt="">
Sanctuary Cove is exempt from Foreign Investment Review Board (FIRB) approval and all restrictions allowing non-Australian citizens to buy residential property, meaning foreign investors and buyers do not need approval and reserve the right to sell to anyone.
Sanctuary Cove recently received the Urban Development Institute of Australia (UDIA), 2018 National Award of Excellence as well as the award for the best Master Planned Development. 
“Once you move to Sanctuary Cove, you will never want to leave," Marie Manning said.
Sotheby’s International Realty also opened a Port Douglas office led by <a href="/news/sothebys-appoints-barbara-wolveridge-as-director-in-tropical-north-queensland">Barbara Wolveridge</a> earlier this year. 
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Queensland Sotheby’s International Realty expand to Sanctuary Cove

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A contemporary golf course home at Sanctuary Cove has been bought by retired corporate executive David Baird and his wife Marion for $6.5 million.
The Queensland vendors Michael and Michelle Cowling built the home 18 months ago, selling as they are moving onto a new project within Sanctuary Cove.
The 1,800 sqm block of land with 80 mesold at $1.53 million in March 2015, having sold initially by Mulpha at $1.45 million in 2005.
In the interim, the block had sold at $1.65 million in 2007 and $1.7 million in 2011.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/18/palmer3.jpg" alt="">
The north facing property has 80 metres of course frontage.
The Bairds bought the house on their first inspection just before it hit the market, Ray White agent Matt Gates advised.
The previous golf fronted record price stood at $4.275 million when 2218 Arnold Palmer Drive, Sanctuary Cove sold last year.
The Bairds recently sold their home on the Isle of Capri for $8.8 million.
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Sanctuary Cove golf course home sells at record $6.5 million

<html><body>
Mulpha Australia has began due diligence on The Palms Golf Course at Sanctuary Cove ahead of a potential buy-back, having sold it in 2007.
Mulpha's investment in Sanctuary Cove is valued at more than $250 million. It has achieved in excess of $800 million in property sales
They began selling the homes in 2005.
The development giant have entered into a memorandum of understanding to complete the due diligence process ahead of a formal sales agreement with the Sanctuary Cove Golf &amp; Country Club.
Mulpha Australia Limited CEO Greg Shaw they are pleased with the proposed deal.
"We are delighted that Mulpha has entered into an agreement in principal with the Sanctuary Cove Golf &amp; Country Club to purchase the assets of The Palms Golf Course, The Sanctuary Cove Country Club and half of the maintenance facilities,” said Shaw.
Shaw, who has extensive executive management experience in the tourism, sport and leisure industry, said the assets required ongoing infrastructure investment.
“Mulpha Australia was approached by the Club and had started these discussions more than a year ago and it made perfect business sense, given Mulpha Australia’s long-term commitment to Sanctuary Cove, Australia’s premier integrated leisure and lifestyle community.”
Sanctuary Cove Golf and Country Club President Mick McDonald said the discussions have been ongoing for over a year.
“Over a year ago the Sanctuary Cove Golf and Country Club Holdings Ltd Board instigated discussions with the Company’s major shareholder Mulpha Australia, to investigate and establish a pathway to overcome significant challenges regarding the future.
“The Board are excited that this outcome, if accepted by shareholders at the upcoming Extraordinary General Meeting, will give the Club the required financial stability to allow the opportunity to significantly upgrade The Pines Golf Course, and return it to arguably one of the best private and exclusive golf facilities in the country,” Mr McDonald said.
The agreement is subject to due diligence and a vote in the coming weeks by Sanctuary Cove Golf &amp; Country Club shareholders.
</body></html>

Sanctuary Cove

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