Sherpa Property Group unveils new perspective on beachfront living

Oct 16, 2020

Boutique Gold Coast developer Sherpa Property Group has taken the wraps of its latest project with the launch of the…

Boutique Gold Coast developer Sherpa Property Group has taken the wraps of its latest project with the launch of the $37 million, Perspective 488 Palm Beach project on the beach at stunning Palm Beach, on the southern Gold Coast.

The project comprises 11 limited-edition beachfront homes including three absolute beachfront homes, one beach villa and seven full-floor residences with sweeping views of the Pacific Ocean and Palm Beach.

The properties are priced from $2.7 million to $4.5 million and have already generated significant pre-launch interest.

The project is the latest release from Sherpa which has achieved stunning success across a range of projects over the last 12 months as buyers embrace the company’s ‘less is more’ ethos of sacrificing scale and yield for luxury and lifestyle.

Sherpa acquired the site at 488 The Esplanade, Palm Beach, for more than $11.15 million earlier this year. An existing approval on the site for 32 apartments was pared back to just 11 residences to ensure the views and sense of space and luxury in each residence was not compromised.

The project, which is located at 488 The Esplanade, Palm Beach, brings together an unrivalled mix of location, design, lifestyle options and finish.

Sherpa Managing Director Christie Leet said Perspective 488 was designed to maximise the site’s location while providing a new perspective on beachfront living.

“Perspective is all about the laidback Gold Coast lifestyle combined with exquisite, liveable luxury,” he said. “It is a combination that is hard to get right, but together with our architects and designers we think we have set a new benchmark for Australian beachfront living.”

“It is an extraordinary site that deserved an extraordinary project.”

The project was designed by HAL Architects and is currently before Council to modify an existing approval on the site. Construction is due to commence towards the end of the first quarter of 2021 with completion before the end of 2022.

Sherpa has developed the Perspective brand to utilise across all of its multi-dwelling projects. The company uses the Freedom brand for all projects which are developed with individually titled properties.

The first project under the new brand, 202 Perspective Bilinga, has already sold four of its five luxury residences prior to launch.

“Traditional development strategies for apartment projects are about creating maximum dollar yield per square metre of land,” Mr Leet said.

“However, the guiding principle under the new Coastal Perspective banner is about creating maximum lifestyle returns for the apartment end-users. It is that new perspective and a commitment to innovative architecture that underpins the new brand’s ability to deliver on the end user’s wish list.

The product-mix at Perspective includes the following:

  • Full Floor Residences
    • 23m of ocean frontage
    • Unrivalled north east position in North Palm Beach
    • Each bedroom featuring beachfront views and own ensuite
    • Beachfront master suite featuring oversized ensuite and walk in robe
    • Open plan living and dining leading to expansive outdoor entertaining area
    • Separate living/media room
    • Secure parking for two cars
  • Beach Homes
    • Triple storey, 4-bedroom freehold title beachfront homes
    • Unrivalled beachfront location
    • Beachfront master suite featuring oversized ensuite and walk in robe
    • Open plan living and dining leading to expansive outdoor entertaining area including inbuilt BBQ
    • Separate study/media room
    • Inground spa
    • Each beach homes comes with a secure double lock up garage and man cave located in the basement

Perspective 488 Palm Beach is the latest in a string of projects for Sherpa on the southern Gold Coast and Tweed region including the sold-out The Golden Four beachfront homes at Bilinga (four individual freestanding beach homes), the sold-out Freedom Cabarita project at Cabarita.

Construction at Sherpa’s Freedom Rainbow Project at Rainbow Bay (16 individual freestanding beach homes) is due to commence before the end of the month.

For more information visit www.perspective488.com.au or call 0420 653 722.

As featured in RealEstate.com.au/news

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