Buyers have jumped at the chance of owning at One Palm Beach, with 6 of the 17 high-end apartments already sold.
Velocity Property Group partnered with international architecture and interior design practice Plus Architecture to deliver the collection of multi-million dollar, beachfront residences.
Velocity Property Group managing director Brendon Ansell said the excitement with One Palm Beach was threefold. “It’s absolute beachfront in a serene and stunning location that gives buyers access to Burleigh Headland, Tallebudgera Creek and Currumbin Creek.
“It’s surrounded by a growing variety of cafes and restaurants that are adding to Palm Beach being the hottest suburb to watch on the Gold Coast with a 38 per cent median house price jump and strong price growth in the last five years.”
Apartments from the third floor have views from the ocean to the Hinterland. With only two apartments per floor, the three and four-bedroom homes have 180 degree vistas, extending north to Surfers Paradise and south to Coolangatta.
The full floor penthouse takes advantage of its top floor elevation with 360 degree views. Resident facilities include a deck and pool. Prices start at $1.795 million with the being project marketed by Ray White Mermaid Beach agent Scott Wagner.
“We’ve had some strong inquiry on the site,” he said. “Now that the basement has been dug out, the large number of people who were considering buying are taking action.”
Following the recent success of development ONE Burleigh Headland which has sold out months before scheduled completion date of January 2018, remaining apartments are expected to be snapped up quickly.
The building is expecting to be completed by July 2018.
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