$100 Million Hope Island Project About To Launch

The $100 million Anchorage Apartments project on the waterfront at Hope Island on the Gold Coast is about to be launched.

Developer Richope Pty Ltd has gained development approval for its revised plan which increases the number of two-bedroom apartments while drastically reducing the one-bedroom configurations.

Richope Pty Ltd spokesperson Reza Niari said the apartments would be priced from the low $300,000s.

“We have received considerable inquiry since the revised DA was secured and we are looking forward to formally launching Anchorage to a very receptive marketplace,” he said.

“Our plans have been bolstered by news that a development application has been lodged for the Hope Island Town Centre, which will be the retail and commercial heart of the area.”