Sherpa sell-out Palm Beach apartment development Perspective Two Sea

Within just a couple of weeks, Sherpa Property Group have sold out two of their boutique residential developments in the Gold Coast's sought-after Palm Beach.

The most recent sell-out was for Perspective Two Sea, the $36 million collection of just nine full-floor apartments, just a few weeks after selling out their neighbouring development Perspective 488.

Perspective Two Sea hadn't even officially launched, with buyers between $3.5 million to $4.75 million coming forward from their database.

Sherpa's chief executive Christie Leet said it’s extremely rewarding to have their project so eagerly received by buyers, adding that putting the development application together was the quickest lodgement they've done to date.

“We lodged the DA just five weeks after acquiring the site at 2C Twenty Seventh Avenue, Palm Beach," Leet said.

“We take a unique approach to design for low-density developments and have acquired these excellent sites that makes these locations work instead of over-developing.”

Perspective Two Sea grabbed the attention of buyers from across the South Pacific, with prospective residents located in Sydney, NZ, Melbourne, alongside Gold Coast and Brisbane locals.

“Our vision from the outset was to create a unique and stylish collection of luxury residences that offered a new ‘perspective’ in beach-front living,” Leet said.

Sherpa tweaked their plans for both Perspective 488 and Perspective Two Sea given the current interest in the prestige end of the market in the area.

Perspective 488 was originally approved for 37 apartments but only homes 11 residences, while Perspective Two Sea was originally approved for 18 apartments but will only offer half that.