"Creating a deal of a lifetime": Sherpa offers most affordable apartments in Palm Beach with Flourish on Sixth launch
Gold Coast developer Sherpa Property Group is doing things a little differently at its newest apartment development in Palm Beach.
After focusing primarily on the high-end market with its popular Perspective series, which has garnered attention from Palm Beach to Chevron Island, Sherpa is now targeting a broader buyer demographic with its latest project.
Introducing Flourish, a fresh brand aimed at making homeownership more accessible for first home buyers and rightsizers, particularly those with smaller budgets in areas where they would typically be priced out.
The first project under the Flourish brand, Flourish on Sixth in Palm Beach, has already been a success, with more than half of the apartments in the building already snapped up.
One-bedroom apartments were priced under $600,000, while two-bedroom apartments are still around the $1 million mark—prices that are uncommon in the Palm Beach and Burleigh Heads areas
"We believe there's no better location for the Flourish brand of beachside living," Sherpa General Manager, Daniel Clarke, says on Sherpa's fifth development in the suburb.
"Research tells us the average difference in price between beachfront and one block from the beach is about 30 per cent especially in places like Sydney. However, the difference in Palm Beach is more like 100 per cent, meaning greater buyer value just once block from the ocean.
"That's more value we've secured to pass onto the buyer, creating a deal of a lifetime."
True to Sherpa's commitment to delivering high-quality resident amenity in every project they produce, Flourish on Sixth will feature an 800 sqm, north-east facing rooftop with a heated 15-metre lap pool, private cabanas, and communal barbecue area complete with a pizza oven.
Also on the roof will be a wellness centre with a gym, sauna, steam room, and both hot and cold plunge pools. A private kitchen and dining area will also be located on the roof, as will work-from-home facilities and a bookable boardroom.
Flourish will feature a shared electric vehicle service, a car wash station, and electric car charging points.
Sherpa is bringing its trusted development partners to Flourish, including LPS Group, the builder behind some of their high-end projects. LPS is currently constructing Perspective Nexus in Palm Beach, where two-bedroom apartments start from $1.745 million, and Perspective Helm on Chevron Island, with prices starting at $3.7 million.
LPS will begin construction on Flourish on Sixth early next year, with completion expected by late 2026 or early 2027.