ASF Group sell out Hope Island's Peninsula Collection

Construction kicked off on the final stage of The Peninsula right before Christmas, with the final stage slated for completion for mid-next year. 
ASF Group sell out Hope Island's Peninsula Collection
Zen garden in the residential lobby of Peninsula Collection. Image supplied
Alison Warters May 5, 2022

Peninsula Collection, the final piece of ASF Group's The Peninsula Hope Island master-planned community, has officially sold out well before the construction completion.

Stage 3 of the gated community development is comprised of 63 three- to five-bedroom apartments (Peninsula Collection) and 22 three-storey terrace homes (Peninsula Terraces). This final stage followed sell-outs of Peninsula Homes and Peninsula Residences, which make up the waterfront community located in Hope Island Resort.

ASF Group Marketing Director Daniel Fang said there was a mix of local owner-occupiers looking to downsize and interstate migrants & investors captivated by the Gold Coast's lifestyle and value offering.

“We saw a lot of demand from southern buyers - particularly from the dense inner-city postcodes of Sydney, Melbourne and also Canberra,” Fang said.

“They were drawn to the unique recreational lifestyle of the northern Gold Coast, with three championship golf courses connected by golf buggy tracks adjacent to the community. Furthermore, their decision to move was hastened by lockdowns over the past two years. Other interstate buyers were also attracted by the strong potential for capital gains, with the 2032 Summer Olympics set to be hosted in Brisbane.”

On the interest from locals, Fang said the majority sought to downsize to Peninsula Collection and Peninsula Terraces which feature greater accessibility and in-built buttons in each residence linked to gated community security.

Construction kicked off on the final stage of The Peninsula right before Christmas, with the final stage slated for completion around mid-next-year.

Archidiom designed the final masterplan release of Peninsula Collection and the adjacent Peninsula Terraces.

Preceding Stage 3 were Peninsula Homes, which comprised 17 townhomes and Peninsula Residences, another collection of 40 apartments.

Peninsula Collection's apartments offer spacious backwards or balconies with views of the resort - with residential spaces blending seamlessly with the lush surrounds of the precinct.

ASF Group is well advanced on their next project, The AU - a different proposition to the Peninsula Collection.

The AU, which is development approved, will see just 14 full-floor apartments rising from the Surfers Paradise beachfront. There are only 12 full-floor apartments (spanning 255m²) and two-three storey penthouses, one of which was snapped up by a local developer earlier this year for nearly $9 million.

The 19-storey tower located on The Esplanade features striking French Deco-inspired interiors by the Sydney interior design legend, Greg Natale.

This resort-style residential tower takes full advantage of its beachside location. Residents are offered a selection of world-class amenities including an oceanview wet-edge pool, gym, sauna, club lounge and in-person concierge service.

"What's unique about The AU is that you can make the most of the Gold Coast's world-class beachfront from morning til night," Fang says.

"The Esplanade promenade offers an unparalleled level of access to the beach throughout the day, with residents enjoying a game of volleyball or having a beachside picnic on the well-lit Surfers Paradise Beach."

"You can think of the promenade as what you would find in the beachside boardwalks of Miami or Nice - an energetic coastal strip that is a hub of culture and entertainment for the community."

"As Surfers Paradise experiences a fundamental transformation through new infrastructure projects and precincts being built, The AU offers a unique and exclusive opportunity in a world-renowned neighbourhood synonymous with the Gold Coast."

Alison Warters

Alison Warters is a property journalist for Urban, based in Sydney. Alison is especially interested in the evolution of the New Build/Development space, when it comes to design innovation and sustainability.

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