Sherpa secure three new Palm Beach sites for next Gold Coast apartment development
Queensland property developer Sherpa Property Group has continued its investment in the Gold Coast, announcing the acquisition of a collection of sites in the highly sought-after Palm Beach.
Sherpa purchased the amalgamated 1,215 sqm site across 8-12 Sixth Avenue in Palm Beach, where they're currently developing Perspective Nexus and have completed two other developments over the last three years.
Daniel Clarke, General Manager of Sherpa said that the latest acquisition has provided Sherpa with a rare gem in the Gold Coast market, where sites of such calibre are extremely scarce.
“This acquisition represents an investment that Sherpa is making into a region that it sees significant value in. It’s an exciting opportunity to create something that will withstand the test of time,” Clarke said.
“We’re excited to bring a new product to the market, different to the known and loved Sherpa brand, but set to be a crowd favourite nonetheless.
“This unique product that we’re introducing to Palm Beach will allow us to connect with new demographics that have been waiting for the perfect residential opportunity that meets their needs.”
Positioned prominently just moments from the pristine surf beaches, parks, and the popular Palm Beach café and dining scene, Sherpa’s newest project offers residents the ultimate coastal lifestyle.
The project at Sixth Avenue is set to launch to market in 2025.
Having completed 10 projects on the Gold Coast over the past six years, with four in the pipeline, Sherpa is progressing with plans for other sites with a view to creating premium living spaces that meet the requirements of discerning buyers looking for a relaxed coastal lifestyle.
They recently launched Perpsective Helm, their luxury Chevron Island development of just 10 apartments.
