Keylin and Kinstone fast-track Gold Coast townhouse project Serenity 4212

Soaring demand in all coastal Queensland markets is seeing developers fast-track their projects in an attempt to meet the continued demand from inter and outer state buyers.

The latest project to be fast tracked is in the $650 million townhouse development Serenity 4212, one of the largest waterfront projects currently underway on the Gold Coast.

The joint Helensvale venture between Keylin and Kinstone Group, adjacent to Hope Island, will see the third stage of Serenity Reserve brought forward after the sell outs of stage one and two, Serenity Waters and Serenity Green.

Serenity Reserve will comprise 83 townhomes each with four bedrooms and two bathrooms. Designed by architectural firm DBI in conjunction with Modulus Architecture, prices for the townhomes will start from $548,000.

Serenity Reserve residences will sit next to a dedicated natural reserve community park, part of 27 hectares being gifted by Keylin to the city council.

The wider Serenity 4212 development is being created around Lake Serenity along the shores of Saltwater Creek. 

“The latest release is aimed at buyers looking to capitalise on existing government grants, including the state government first-home owner’s grant,” said Keylin director Louis Cheung.

“Most of our buyers have been owner-occupiers, with many of them locals who are looking for the lifestyle and convenience of one of the best waterfront precincts on the Gold Coast.”

Keylin fielded more than 3400 inquiries for the Serenity Waters release alone.

Developments are being fast-tracked all across the Gold Coast with developers inundated with enquiries.

Miles Residences, the luxury redevelopment of the Kirra Beach Hotel by KTQ Group, has been fast-tracked after selling over 80 per cent of its stock.

Ditto Cabana at Palm Beach, which saw 23 of its 34 apartments sell within two weeks of its launch.