Cova Hope IslandJust seven lots have been released in the final stage of Cova, a marina-centred community at Hope Island.Developer Frasers Property Australia recently unveiled Northwater Land – waterfront lots located on Cova’s northern peninsula, where each land parcel boasts a coveted northeast orientation and frontage to the Hope Island Canal. The lots range from 376sq m to 443sq m, and it’s the final chance to secure waterfront land at Cova.Frasers Property Australia Queensland Residential general manager Cameron Leggatt said the Northwater Land release was arguably the best land ever offered at Cova. “We expect these parcels to sell quickly because of their superb location within the community and the spectacular waterfront outlook that they offer,” Mr Leggatt said.More from news02:37International architect Desmond Brooks selling luxury beach villa17 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago“Northeast facing waterfront land is an increasingly rare and prized proposition.“This is the final opportunity to build your dream waterfront home at Cova. Built product such as villas and terrace homes will be released in future stages.”Mr Leggatt said the recent Promenade Waterfront Villas precinct had sold out within months and would be followed mid-year by another release of marina-front villas.“The Villas have proved extremely popular with buyers and we anticipate the next phase of these outstanding marina-front homes will replicate that demand,” he said.The Northwater Land parcels are priced from $550,000. Residents can also purchase a freehold marina berth.Residents’ facilities include a recreational club, freehold marina, landscaped parks, more than 5km of cycle and walkways, 5ha of community open space, and free fitness classes. The new Cova Boathouse recreational club will be completed early in 2019.