Sanctuary Cove

Sanctuary Cove is a gated network, within the suburb of Hope Island within the Gold Coast area of Queensland, Australia. It changed into the primary of such developments in Australia and is amazing for its impact in planning legislation in Queensland which needed to be altered to permit it to proceed, because of the privatisation of such massive areas of urban land. It covers a place of 474 hectares south of the Coomera River near its mouth. To the east of Sanctuary Cove is Coomera Island.

Sanctuary Cove presents a very self-contained residential surroundings with its own purchasing centre and amusement facilities, with the addition of most of the centers of a holiday inn, together with boating marinas and golf guides. Sanctuary Cove maintains to develop as last land is evolved. It is home to the Sanctuary Cove International Boat Show which has been held yearly due to the fact 1988. The assets become advanced by using Mike Gore and released in 1986.

In 1989 the hotel become purchased by way of EIE International Corporation, a Japanese real property investment corporation, with financial help from the Long Term Credit Bank of Japan. In 1992, following the downturn inside the Japanese economic system, EIE went into receivership, along with the Sanctuary Cove improvement corporation. The belongings became sold by using Mulpha Australia Limited in 2002. On 9 April 2010 a brand new golfing clubhouse turned into launched.