5Point to set new Palm Beach apartment benchmark with Ophira Palm Beach
Builder developer 5Point Projects is aiming to set a new benchmark of luxury living on the Palm Beach beachfront with the reveal of their $60 million project, Ophira Palm Beach.
Ophira Palm Beach, just seven full-floor apartments and a two-level penthouse, is the only off the plan beachfront apartment development in market on Jefferson Lane, which has become the southern Gold Coast's millionaire's row in recent years.
Each full-floor apartment will offer between 290 sqm to 317 sqm of internal and outdoor living space. The living areas have been designed to take in as much of the ocean views as possible, through the floor-to-ceiling windows and the full-width balconies that open from the living space.
The apartments have three bedrooms, each with an ensuite, as well as a study and a multi-purpose room. The kitchens feature stone benchtops, a tucked away scullery, and wine storage.
Ophira’s two-level penthouse will deliver an expansive 637 sqm of living space with four bedrooms, four bathrooms and its own private outdoor entertainment area featuring a pool, spa, sundeck with teppanyaki bar, and a sunken lounge with a fire pit.
Ophira Palm Beach residents will enjoy a sanctuary of calm with shared amenities on level one including an exclusive plunge pool and sun deck plus a communal garden which will be a focal point for relaxation and wellbeing.
5Point have a long track record of constructing some of the most premium projects in Palm Beach.
“We are salivating over delivering Ophira to the market because of its sublime absolute beachfront location over two blocks at a time when there just aren’t any beachfront sites in the market,” said 5Point director Damian Dove.
“There is also incredible demand in Palm Beach for luxury apartment living but just not the stock or the capacity to build.
“We are fortunate that we are in a position to build immediately and the inquiries for Ophira despite having little marketing attention until now has been quite remarkable.”
Dove says Ophira has been highly anticipated by the local market, close to the cosmopolitan heart of Palm Beach, combined with its spacious living and the supreme privacy.
Jamie Bourke and Dylan Molloy of ARC Project Marketing said Ophira presents a unique opportunity for downsizers looking for high-end product where there are very limited opportunities.
"Not only is there nothing like this in the market, but we have gone to extraordinary lengths to create a project that will be an absolute icon for the southern Gold Coast,” Molloy said.
“5Point have infused Ophira with lavish coastal elegance, taking the best of beachfront living back to its roots with each of these residences offering the ultimate in privacy where homeowners can truly immerse themselves in this beautiful part of the Gold Coast.”
Prices start from $6.35 million.
