Buyers flock to Palm Beach, with 70% of $67 Million development SOLD-OUT

WORDS: Ocean Road Editorial Staff PHOTOGRAPHY Supplied

Sherpa Group has continued to capture unrelenting demand for high-quality apartments in the Gold Coast’s hotspot of Palm Beach, with 70 per cent of apartments at the group’s $67 million Flourish Oasis under contract in just two months.

The impressive sales surge follows recent approval from the council, which has, in turn, accelerated the commencement of construction by trusted builder LPS Group for completion in 2027.

“The Flourish brand has been highly successful so far, and we are excited for Oasis to build on the strong momentum as the project edges closer towards sell-out,” said Christie Leet, Founder of Sherpa Group.

“At Sherpa, we are dedicated to helping the locals and building a community people are proud of, and so it’s extremely encouraging to see that 50% of buyers are Gold Coast locals, as well as 77% planning to be owner-occupiers at Oasis.”

Palm Beach has emerged as one of the city’s most undersupplied markets, with apartment prices surging to a weighted average of $2.25 million, due to a shortage in stock pushing locals out of the renowned coastal suburb.

Sherpa is responding to growing lifestyle demand by delivering much-needed stock through its Flourish brand, with Oasis offering luxury living in the centre of Palm Beach, with remaining apartments from $1,240,000.

Located at 7 and 9 Sixth Avenue, Oasis will deliver 47 apartments, all of which are corner apartments providing significantly improved privacy and expansive windows to fill the apartments with natural light.

Continuing the flourish legacy, Oasis will deliver a premium suite of amenities crowned by a rooftop sanctuary that features a pool, gym, barbecue facilities, sauna, steam room, hot and cold plunges and spa, creating a sanctuary to relax, unwind and connect.

“Our vision for each project is always founded on a sense of community, which is why we have ensured every amenity is designed to foster connection and support our residents.”
“We ensure rooftop wellness and recreation facilities are not an afterthought, but rather at the centre of each project.”

Already 28, apartments have now sold, and only 19 remain for sale, with the opportunity to secure a residence at this landmark address quickly disappearing.

For more information visit, https://flourishoasis.com.au/