Market Insights

Sovereign Islands’ First Penthouse Residences Released

August 20 2025

Sovereign Islands unveils its first-ever penthouse apartments – sprawling sky homes with rooftop pools, marina berths and world-class waterfront luxury.
Sovereign Islands’ First Penthouse Residences Released

Billionaires, celebrities, and high-net-worth individuals who want the space of a mansion, minus the maintenance, are expected to lead the interest for a one-of-a-kind project on the Gold Coast.

Blue ribbon real estate agency Kollosche has been tapped to lead the sales campaign for The Sovereign Collection – a rare release of just six full-floor penthouses, each priced from $8,995,000, on one of Australia’s most exclusive waterfront enclaves.

“Sovereign Islands is one of the most tightly held residential enclaves in the country, and this is the first luxury apartment project ever approved here,” said Kollosche Managing Director Michael Kollosche. “It’s an opportunity to enjoy the space and privacy of a freestanding home, but in an ultra modern, low-maintenance format.”

While the Sovereign Islands has long been a magnet for high-net-worth buyers – including billionaire Clive Palmer, who owns multiple properties valued at more than $40 million at the time of their purchase – the island has never before offered this style of living.

Each penthouse spans 545sqm-584sqm – more than twice the size of the average Australian home – with an entire floor dedicated to living, a private rooftop for entertaining, and a deep-water marina berth.

Inspired interiors by acclaimed architect Koichi Takada feature expansive open-plan living and dining areas that connect seamlessly to a full-width balcony, a designer kitchen with butler’s pantry, and three generous bedrooms, including a private master wing.

On each penthouse rooftop, residents enjoy use of their own pool, covered alfresco entertaining area and panoramic views across the Broadwater. In the basement, a secure three-car garage is reserved for each penthouse.

“These homes are designed for people who appreciate space, but prefer a simpler lifestyle without the complexities of traditional estate-style properties,” Mr Kollosche said. “This is luxury reimagined from the top down – from panoramic rooftop entertaining to world-class boating at your doorstep, all in a secure, lock-and-leave format that doesn’t compromise on lifestyle.”

The project is being delivered by Sovereign Treasure Investments Trust, led by Mr Ching Chiat Kwong, with Core Property Partners engaged as the local development partner. Construction is scheduled to begin in the final quarter of this year, with a targeted two-year build time.

Nathan Andersen, Managing Director of Core Property Partners, said the development will set a new standard for prestige living on the Gold Coast.

“We plan to transform the Sovereign Islands’ luxury marina into the premier residential destination on the Gold Coast. Defined by unparalleled opulence and sophistication, The Sovereign Collection will be truly unmatched,” Mr Andersen said.

“We’ve delivered a series of high-end residential projects nationally, working closely with some of Australia’s most accomplished and trusted contractors.

“Our long-standing relationships are central to how we ensure consistent quality, innovation, and attention to detail across every stage of development. With The Sovereign Collection, we’re leveraging that network to deliver a truly world-class offering – one that reflects the highest standards of design, construction, and luxury living.”

Kollosche’s marketing campaign will appeal to prestige buyers locally, across Australia and internationally, focusing on those seeking a private, lock-and-leave residence with absolute waterfront access and architectural distinction.

“It’s rare to find a location that delivers this level of privacy, position and prestige,” said Mr Kollosche.

Sovereign Islands is a deep-water enclave located at the northern tip of the Gold Coast, accessed via a single entry bridge and renowned for its concentration of prestige real estate. The gated community offers direct Broadwater boating access and close proximity to South Stradbroke Island, Sanctuary Cove and the Gold Coast Seaway. The location delivers unmatched privacy, security and convenience, with world-class dining and golf close by..

To arrange a private presentation, reach out to Moana Cooper on 0409 717 179.

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