One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Joel Robinson

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

Sanctuary Cove

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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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j.ballantyne1990-6AQqhLzZaK

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

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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. 
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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.

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Selling Houses Australia's Andrew Winter lists his own reno

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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

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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

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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.
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