Marina Point Achieves Record $7.7M Supersale with Rare Penthouse Amalgamation

In a landmark transaction for Hope Island’s prestige property market, Marina Point Apartments has secured a record $7.7 million off-the-plan sale through a rare amalgamation of two penthouses into one oversized home in the sky.   

The impressive 553sqm residence has soaring 4-metre ceilings and panoramic river views, setting a new benchmark for waterfront apartment living on the Northern Gold Coast.  

Originally designed as two separate three-bedroom penthouses, the new super-sized apartment now offers four bedrooms plus a separate study, a 7m x 5m private cinema, four bathrooms and a powder room. 

Two vast living areas, four secure car spaces and dual kitchens — one serving as the main culinary hub and the other forming part of a private guest wing — create a home designed for both lavish entertaining and intimate family living. Additional features include a wine bar and fridge, a statement fireplace and an elevated level of bespoke interior finishes. 

The buyers, a local Sanctuary Cove couple, have deep ties to the area with both children also living in Hope Island and one of them also purchasing an apartment within Marina Point. 

Developer Rick Sheida said the buyers were drawn to the rarity and scale of what Marina Point could offer, including a size and configuration unavailable anywhere else in the local market. 

“Opportunities like this don’t come along often,” Mr Sheida said. 

“The chance to combine two penthouses into one super-residence is incredibly rare, and we’re open to doing it for other buyers if they come to us before construction progresses too far.  

“These buyers had a vision, and we’re thrilled to bring it to life.” 

The family also plan to purchase a 20-metre berth in the development’s private marina, despite not owning a boat yet – a purchase that will no doubt follow. 

“While our residents are predominantly from the Northern Gold Coast region, people from Brisbane are discovering what locals have always known,” Mr Sheida added.  

“You can live right on the water, park your boat in your own private marina and still be within easy commuting distance to Brisbane city.  

“The appetite for prestigious product is strong and people are willing to open their wallets for something truly exceptional.” 

Marina Point Apartments aims to redefine waterfront apartment living on the Northern Gold Coast, offering residents exclusive access to the already completed Wellness Pavilion with a 25m lap pool, golf simulator room, yoga studio, fully equipped Technogym and infrared sauna.  

Additional resort style amenities include a Resident’s Club on the water’s edge, putting green, BBQ facilities and more than one hectare of landscaped gardens and green space overlooking the water. 

As a gated masterplanned community, Marina Point lies across 2.2 hectares, featuring four boutique buildings and 370m of absolute water frontage.  

Residents will benefit from bridge-free access to the ocean with deep onsite marina berths available, capable of accommodating boats up to 25m in size. 

Limited opportunities remain for custom amalgamations, with Building 2 construction commencing this month and the in-house construction team progressing well. 

Apartments are now selling from $1.3 million for a three-bedroom apartment to more than $4 million for 319sqm penthouses. 

The Marina Point Showroom is located onsite at 72 View Line Terrace in Hope Island, open Monday to Saturday from 10am to 4pm. Private viewings will also be open soon for the fast-tracked display apartment, located within Building 1 which is due for completion March 2026. 

For more information, visit www.marinapointapartments.com.au.