First look: More Palm Beach apartments planned
Most of the new apartment developments in the Southern Gold Coast's sought-after pocket of Palm Beach have been beachfront or beachside luxury.
The latest plans, by a private Melbourne-based developer, will likely offer something a little more pricepointed than what's currently on the market.
Still catering for the owner-occupier with the majority of three-bed apartments, the project, dubbed Tarni due to its location at 1 Tarni Avenue, sits on the western and non-beachside side of the Gold Coast Highway. The 792 sqm site, on the corner of Tarni Avenue and Twenty Eighth Avenue, is nearer to Tallebudgera Creek.
ByCulprit has pulled together the designs for the eight-level building, suggesting the creek, ocean coastlines and coves were the inspiration to create the architectural facade.
They said their design thinking was to "create an organic, jagged base with crushed rocks with soft off-white planes floating above wrapping down to mimic the ocean waves and its sculpted ability."
They "pinched" the building to create view corridors from each corner of the building while also creating "coves", private, protected balconies that can take in the views and create shade.
There will 23 apartments in total, a sole one-bedroom unit, six two-bedrooms, and 16 three-bedroom apartments. They will sit above two basement levels and a ground level with 45 parking spaces and 23 bicycle spaces.
Also on the ground level will be a swimming pool, wet deck with daybeds, and a gym.
The new project will opposite The Tally, the recently completed 45-apartment building by MVGS Properties at 14-18 Twenty Eighth Avenue.
Palm Beach has been the most popular spot on the Gold Coast since the pandemic. Off the plan apartment developments flew off the shelves, and there wasn't enough stock to keep up with demand.
Now the focus is mainly on the beach, where the likes of Mosaic and Ignite Projects and 5Point recently secured sites. Marquee has launched La Belle Palm Beach, earlier this year and secured $100 million in sales within the first few weeks of launching, making it the city’s fastest-selling project of 2024.
So far sales prices have ranged from $2.5 million to $7 million.
Sherpa is just off the beach at their under-construction development Perspective Nexus which is already over 50 per cent sold having been on the market for only a few months. Sherpa also recently announced a new site purchase locally, at 8-12 Sixth Avenue.
