Palm Beach

Local property developers BluePoint Property have once again made their mark on the coveted Palm Beach real estate landscape with their latest residential venture – Seventh Terraces.&nbsp;

The project emerges as the third addition to the group's Palm Beach portfolio, following the 34-apartment East Palm Beach and the 63-apartment SEA Palm Beach.

Seventh Terraces stands as a distinctive boutique project, comprising seven three-level beach homes that face the east, maximising ocean views from private rooftops.

A refined coastal aesthetic defines the homes, featuring upscale finishes that merge beachside living with luxury. Two-car garages, spacious storage areas, and private ground floor courtyards contribute to the allure of the beach houses.

Designed by BDA Architecture, the development's main objective was to diversify housing options within the precinct. The seven townhouses are interwoven amongst apartments and detached residences, fostering a sense of community while retaining individuality. The adaptability shines through in the design's integration of private home-based offices, all while maintaining the privacy of separate entrances and courtyards for neighbouring dwellings.

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The interiors of the beach houses exude coastal elegance, characterised by generous open-plan living and dining spaces that seamlessly transition to east-facing balconies. Expansive full-height glazing saturates the interiors with natural light, enhancing the connection to the picturesque surroundings, while a palette of light and stone, engineered timber, oak feature joinery, and brushed nickel accents contributes to an overall sophisticated ambiance that resonates with the iconic beachside setting.

The pièce de résistance of Seventh Terraces is the rooftop terraces. Positioned to capture the easterly panorama, the terraces forge a link with the Pacific Ocean, presenting a serene and awe-inspiring backdrop for residents.

Location-wise, Seventh Terraces enjoys an enviable position approximately 200 metres from the beach in the heart of Palm Beach. Nestled amongst a plethora of Gold Coast's premier dining establishments and cafes, the development is further enhanced by its proximity to the world-renowned Tallebudgera Creek to the north and Currumbin Creek to the south, both acclaimed as top-tier swimming destinations within Australia.

The development's central location aligns with Palm Beach's vibrant spirit, with the recently revamped Pavilions Shopping Centre and an array of boutique shops, medical facilities, and wellness centres all conveniently accessible to residents.

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alisonwarters@gmail.com

Inside BluePoint Property's third Palm Beach development, Seventh Terraces

The need for new short-term accomodation in the Southern Gold Coast is set to be filled somewhat by the new Palm Beach Hotel, which has just been given the green light by the Gold Coast City Council.

The $120 million project at 1081-1089 Gold Coast Highway will see 126 hotel rooms spread across six levels, with state-of-the-art amenities, including a rooftop pool, gym, spa, and in-house dining.

Award-winning firm Plus Architecture has been engaged to deliver the master-planned hotel.

“Being such a significant project, our team took a considered approach to create a standout development in an increasingly discerning market,” Plus Architecture Principal Danny Juric said.

<img alt="Palm Beach Hotel" data-entity-type="file" data-entity-uuid="45d1b919-0cc7-47c4-b145-a1a006aeab9f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-22%20at%209.00.20%20am.png?VersionId=2E9imsROw7r4oJJ4JNlIOVkGpLuHNU2n" />

Rob Steer's Steer Developments is one of the joint venture partners in the project. Steer says they wanted&nbsp;to create a space that makes our guests feel something special.

"It’s about the entire experience," Steer says.

"A perfect blend of beauty, luxury, and premium quality with a calm, lush, and peaceful serenity.

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“We have always appreciated the Gold Coast’s lifestyle and are excited to contribute to its beauty and make an everlasting impact on the southern Gold Coast.

“While the northern end of the Gold Coast is flooded with hotels, the southern end is ripe for a luxury offering. Along with Mondrian set to open in Burleigh, the timing is perfect for an additional prestige hotel at Palm Beach.”

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Palm Beach Hotel will be delivered in one stage, with construction set to commence in Q4 2023 and completion estimated for Q1 2025.

Steer is fully committed to Palm Beach. He has a solo project, COTE Palm Beach, a collection of just 17 half-floor apartments nearby.

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Cote is located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach.

“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.

“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”

Demolition has begun on site, and construction is expected to commence in the coming months.

Palm Beach apartment supply has dramatically improved since the early stages of COVID, when projects sold out in double quick time.

<a href="https://www.urban.com.au/news/qld/apartments-supply-improves-in-palm-beach-as-graya-secure-approval-for-ripple">Read more:&nbsp;Apartments supply improves in Palm Beach as Graya secure approval for Ripple</a>

Palm Beach Hotel will be delivered in one stage, with construction set to commence in Q4 2023 and completion estimated for Q1 2025.

Joel Robinson

Palm Beach Hotel approved as Palm Beach development pipeline soars

Apartment supply in Palm Beach, one of the Gold Coast's most in demand areas during the COVID-19 pandemic, is starting to look a little healthier, in the wake of a number of project launches and development approvals.

The latest to be approved is Ripple Palm Beach, the boutique 19-apartment development by luxury home builder turned multi-res developer GRAYA.

Plus Architecture designed the nine level building, noting in their design statement that they took&nbsp;inspiration from the&nbsp;rhythmic dance of the ocean below, with the facade set to emulate the flow and curves of waves.&nbsp;

A mix of two, three and four-bedroom apartments will be on offer, with each to benefit from their north-easterly orientation, taking advantage of views across the coastline.&nbsp;

Ripple will be crowned by two two-level penthouses, both with a rooftop terrace featuring a spa, fire pit, outdoor kitchen and dining area.&nbsp;

A suite of residential amenity will also be on offer across the ground floor, with a sauna, barbecue area and resort-style pool penned for the area.&nbsp;

They will first be launching Kloud to the market, their 20-apartment project on the dress circle Jefferson Lane. That will have a mix of two, three and four-bedroom apartments across 10 levels.

<img alt="Kloud Palm Beach" data-entity-type="file" data-entity-uuid="30c7eead-c734-4639-81ff-9da71e1d6dea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-17%20at%202.22.08%20pm.png?VersionId=NnaImjiSRWL.7NDcmYgVH_.0ypGaY4G2" /> 
A render of Kloud. Image supplied

They're just waiting for development approval for Kloud before launching later this year.

There's already been significant interest in the two projects before they've launched, the majority from Brisbane and locals. There's been a number of buyers enquire who have purchased in some of Graya's previous projects in Brisbane.

Kloud and Ripple are set to join the luxury ranks alongside STEER's Cote Palm Beach project, which will have 17 half-floor apartments, each with three-bedrooms, three-bathrooms, and two parking spaces.

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DKO studio director Kai Chua says the design of each apartment, balances the need for shelter and privacy whilst opening to the ocean and magnificent views. It offers all the wonders of modern coastal living with the warm, intimate embrace of home.

Demolition is currently underway on the Thirteenth Avenue project, with construction expected to start in the coming months.

Palm Beach was starved of stock when COVID-19 first hit, with Cabana Palm Beach, The Tally, The Monroe, and Hemingway, among a number to sell out in double-quick time.

There's been a large need for more affordable stock, given the forecasted population growth in Palm Beach is expected to boom over the next decade.

The most recent project launch in Palm Beach is Elevaire, which has prices starting from $715,000. Enquiry has been prominent from both Brisbane and Victoria.

[smartcode_project:default project_id=112941 project_image_fid=210515]

The approved nine-level tower by local developer Paul Spina has 40 apartments across nine-level, designed by Cottee Parker.There will be a ground floor, wellness-centred recreational space, with hot and cold magnesium pools, an open beach shower, sauna and day beds.There was a swell of owner-occupiers descend on Seaclusion on Twenty First Avenue when that was launched toward the end of 2022, one of the first price-pointed developments to hit the market in around two years.

All the $695,000 one-bed apartments have been taken. The two-bedroom apartments start from $950,000, and three-bedrooms from $1.495 million.

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Seaclusion has been optimised for the coastal lifestyle by BDA, with a range of exclusive residents-only amenities including beach showers and sand washdown areas on the ground floor and a rooftop recreation space complete with a pool, day beds and barbecue area offering panoramic oceanfront views. 
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Palm Beach was starved of stock when COVID-19 first hit, with Cabana Palm Beach, The Tally, The Monroe, and Hemingway, among a number to sell out in double-quick time.

Apartments supply improves in Palm Beach as Graya secure approval for Ripple

Palm Beach, the small coastal enclave at the south end of the Gold Coast, is starting to fire up again.

One of the most popular spots on the Gold Coast during COVID, off the plan apartment projects were snapped up in months, some not even hitting the open market.

There was a lull where buyers were waiting for the next project to hit the market. The latest is Elevaire, a 40-apartment project by experienced Queensland developer Paul Spina, which has already gathered significant interest from both Brisbane and Victorian buyers.

The nine-level tower, development approved, has been designed by Cottee Parker and will have a mix of one, two and three-bedroom apartments starting from $715,000.

[smartcode_project:default project_id=112941 project_image_fid=210513]

There will be a ground floor, wellness-centred recreational space, with hot and cold magnesium pools, an open beach shower, sauna and day beds.

CBRE Senior Director of Residential Projects Nicholas Clydsdale said he received 250 enquiries from prospective purchasers in just one-and-a-half weeks following Elevaire’s invitation only launch.

“That is a huge response and indicates that Palm Beach is still a blue-ribbon area where buyers are scrambling to secure a new apartment on the beach side of the highway,” Clydsdale said.

“Elevaire’s allure builds on its spacious layouts and premium finishes with expansive ocean and district views in addition to its prime location, just 50 metres from the beach.

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“Properties available in Palm Beach on the beachfront are predominately houses priced from $5 million to $10 million-plus or multi-million-dollar apartments, meaning Elevaire’s great attraction is it can match the local amenity of these properties, with a much more attractive list price – from $715,000.

“The three-bedroom residences are priced from $1.6 million, which is outstanding value for this location.”

Clydsdale said much of the interest has come from local Gold Coast residents, Brisbane and Victorian buyers.

“The Brisbane buyers are looking for an apartment on the Gold Coast they can lock and leave when they are down here and Victorian families are largely looking for a holiday home or seeking to relocate to the Gold Coast while the locals already know and love the area,” he said.

Paul Spina, Development Director of Evoke Property Group who has undertaken numerous development projects in southeast Queensland, said the design of Elevaire was crafted to blend with the Palm Beach environment, while providing a choice for buyers who couldn’t get into the upper end of the luxury market.

[smartcode_project:default project_id=112941 project_image_fid=210514]

“Evoke Property Group is really proud of what we’ve achieved with Elevaire,” Spina said.

“With the wellness centre we’ve included hot and cold magnesium pools to complement the beach, as we felt creating a space for people to recharge was more important than fitting in a lap pool. Besides, Palm Beach itself offers ample swimming opportunities.

“The property is wide and deep which enabled us to offer varying apartment types, sizes, views and aspects for residences, which as a result offers a range of price points to the community. Cottee Parker Architects also ensured the introduction of an internal breezeway running through the property, providing natural light and ocean breezes both inside and outside the apartments.”

Elevaire secured development approval late last year. Construction by&nbsp;Stokes Wheeler is due to start mid-May.

The nine-level tower, development approved, has been designed by Cottee Parker and will have a mix of one, two and three-bedroom apartments starting from $715,000

Brisbane and Victorian buyers swoop at Elevaire, Palm Beach apartment launch

Leading South East Queensland builder turned developer Graya is continuing to bolster it's Palm Beach, Gold Coast apartment development pipeline.

Having filed <a href="https://www.urban.com.au/news/qld/exclusive-first-look-graya-set-for-ripple-palm-beach-apartments">plans for Ripple Palm Beach in August</a>,&nbsp;Graya, led by brothers Rob and Andrew Gray, have lodged plans for Kloud Palm Beach, a collection of just 20 apartments on the sought-after Jefferson Lane dress circle.

The 824 sqm site at 154 Jefferson Lane was put together and sold by local development site amalgamation specialists GV Property Group.

Kloud will rise 10 levels and have a mix of two, three and four-bedroom apartments.

Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach. Their other Palm Beach project Ripple is just up the road on the beachfront.

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Graya Managing Director Rob Gray says Palm Beach ticks all the boxes for what the team were looking for.

"When selecting a site, we look closely at all of the fundamentals - demand, future infrastructure investment, and lifestyle," Gray says.

"After carefully assessing these criteria, it was a no-brainer when selecting Palm Beach as the ideal location for our next multi-residential development.

"Palm Beach has evolved to be the lifestyle capital of the Gold Coast, with some of the coasts best cafes, bars and restaurants in the precinct, and of course, easy access to one of Queensland's best beaches."

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In the design submission lodged with the Gold Coast City Council, Graya's inhouse design team said&nbsp;Kloud is a concept that formed from exploration of the coastal lifestyle and its daily patterns and routines.

"Waking with the sunrise, an early morning surf and grabbing a coffee from the local. These patterns are fluid but define a strong rhythm unique to coastal living.&nbsp;

The apartments are primarily oriented towards the coastline, offering sweeping views and visually extending the outdoor spaces.

A communal swimming pool is located on the ground level.

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Andrew Gray, Graya's Co-Managing Director, says the&nbsp;Gold Coast is synonymous with beaches, great weather, and a strong sense of community.

"We're looking forward to showcasing our first Gold Coast multi-residential development, Kloud, and everything it offers.

"This luxury development will be designed and built by Graya. We opted for the name Kloud as it reflects our vision to bring sky homes that float above the horizon, with long views along the beach to Burleigh Headland in the North and Currumbin Headland to the South."

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Graya now has four projects planned across Mermaid Beach, Burleigh Heads and Palm Beach.

GRAYA unveil second Gold Coast apartment project

Plans for a new luxury tower on one of Palm Beach's best streets have been re-jigged.

There were approved plans for a nine-level, clam shell-inspired building designed by Contreras Earl at 215-217 Jefferson Lane, which were signed off in November last year.

But since then the amalgamated 817 sqm corner site with 20 metre frontage to both Jefferson Lane and Thirteenth Avenue has sold, for $13.51 million through Kollosche, and now the plans have been tweaked.

<img alt="Palm Beach tower" data-entity-type="file" data-entity-uuid="ec9d4876-9684-4ffd-9efb-5d8ed9b0d9eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-10-31%20at%2010.28.36%20am.png?VersionId=jfYecwzx7qBRkSbVuTVUYljYHbjpRqu1" /> 
The former plans by Contreras Earl

The new plans were filed by a company tied to Sydney-based lawyer Pierre Saab, who runs Macquarie Law.

BDA designed the new tower, with a few changes to some of the internal configurations and the facade. They have added an&nbsp;open rooftop level which will be the communal space for residents.

That frees up the ground level where BDA are proposing another apartment, taking the total apartments from eight to nine.

"Notwithstanding, the development retains almost identical setbacks, site cover, and landscaping and remains compliant with the provision of parking and servicing as per the original approval," the report by town planner Zone Planning Group read.

<img alt="Palm Beach tower" data-entity-type="file" data-entity-uuid="ec0a41e0-6502-46f1-8c99-76daeb99bc38" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-10-31%20at%2010.28.42%20am.png?VersionId=rvFo_UD_tSwiej7Ox2BGhBrB51W5g6Fa" /> 
The new plans by BDA Architecture.

"The proposed change is not anticipated to generate additional impacts beyond the boundaries of the site, compared to what was deemed acceptable by Council under the previous approval.

"In summary, the amended development is considered appropriate for the location providing a contemporary and functional design outcome that will complement and enhance the existing and emerging urban forms in the general locality, without unduly impacting the amenity currently enjoyed by surrounding properties."

The dwelling on 215 Jefferson Lane has recently been demolished, but the two-level duplex at 217 Jefferson Lane still stands.

There were approved plans for a nine-level, clam shell-inspired building designed by Contreras Earl at 215-217 Jefferson Lane


First look: New plans for luxury Jefferson Lane, Palm Beach apartment development

The Rob Steer-led luxury property group, Steer Developments, is capitalising on the sustained demand for premium beachside residences with the launch of its latest Gold Coast project, Côte, Palm Beach.&nbsp;

The $51 million project experienced a highly anticipated launch which has now led to the group fast-tracking the development, announcing the appointment of local builders GCB Constructions to make a start on the project within a matter of weeks. &nbsp;

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Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.

“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”

The company’s latest luxe development brings Steer’s combined project portfolio on the Gold Coast close to $350 million, which includes plans to transform the famous Ashmore Steak and Seafood site into the $60 million Ashmore Markets high-end retail precinct.

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Designed in collaboration with DKO Architecture and Plus Architecture, Côte has been crafted to foster a life of coastal luxury and unrivalled convenience, taking advantage of the site’s natural beauty and prime location in the heart of Palm Beach.

Each of the 17 apartments will feature three bedrooms, a multi-purpose room and three-and-a-half bathrooms, with accommodation for two cars in a secure underground carpark.

CBRE Gold Coast, which has undertaken some of the Gold Coast’s key marketing campaigns, has been appointed to market Côte Palm Beach, with the group’s Director of Residential Projects, Nick Clydsdale saying it’s Côte’s design and location driving the interest in the project.&nbsp;

“Côte taps into an ever-growing buyer pool of well-heeled owner occupiers who respond to impeccable design and location and demand certainty of delivery,” said Clydsdale.

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The building’s sculpted façade, featuring a timeless sophistication and a visually dynamic form, captures the essence of coastal refinement, while the interiors curve in and out of form, with the distinctive recesses creating a shell-like pattern.

Priced from $2.39 million, the luxury residences at Côte will offer generously-sized living spaces, high-quality appointments and lush outdoor spaces that take in the expansive ocean views

Côte’s floor-to-ceiling glazing throughout is designed to foster ample natural light and scenic coastal views, while cascading greenery will soften the linear form. Expansive balconies in each apartment also create superb alfresco settings for everyday living or entertaining.

“Côte Palm Beach will appeal to a broad range of buyers from professionals, holiday investors and downsizers, as well as Palm Beach locals who have already responded so well to this project,” Steer said.

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Côte’s two-per-floor apartments will deliver spacious open-plan living with superior finishes and luxury inclusions such as stone benchtops and premium oak flooring.&nbsp;

Among the inclusions are high-end Miele and Gaggenau appliances in the kitchen and laundry, plus a wine fridge and barbecue station on the balcony.

The master bedroom features generously sized walk-in robes and ensuites, boasting large freestanding circular baths paired with the rounded edge walls that feature throughout.

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Residents will also enjoy premium resort-style facilities including a residents-only pool with a lounge area, communal dining and barbecue facilities, beach showers and a start-of-the-art gym studio overlooking the pool area.

The development is scheduled for completion in March 2024.

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Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

Steer Developments fast-tracks construction of $51 million Côte Palm Beach after launch

After a quiet spell following the post-COVID boom, Palm Beach is starting to fire up once again.

The latest plans have come from local Brent Freeman, who is planning a 23-apartment project at 1199 Gold Coast Highway.

The development has been duubed Saltwater, due to its proximity to the beach - less than 100 metres from the sand. There will be 13 two-bed apartments and 10 three-beds across the nine-level building, which Raunik Design created to embrace subtropical coastal design that is reflective of the surrounding Palm Beach area.

<img alt="A sub-tropical building" data-entity-type="file" data-entity-uuid="7c40ec1f-d981-4f3e-ad06-3926f3d3fa71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.48.28%20am.png?VersionId=FzP7Wp.sy2XGyemtkaBaIDHaTSeIjvlY" />

There will be a pool, gym, and spa, as well as a yoga room, on the first level.

The town planning report by UPS suggested the proposal will facilitate an increase in residential density that rejuvenates the site in an appropriate urban environment benefitted by ease of access to a range of community and social infrastructure and the nearby Palm Beach District Centre.

GV Property Group put together the 817 sqm site on the corner of Gold Coast Highway and Thirteenth Avenue, amalgamating three lots.

<img alt="The subtropical tower" data-entity-type="file" data-entity-uuid="4e51f730-1cb4-41f3-8c01-bec5c34dd293" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2012.07.19%20pm.png?VersionId=k5bReeXjVni0YLx9TxOtjeV0D2a_4NGJ" />

Palm Beach was one of the most in demand pockets in the Gold Coast when COVID hit. But those projects that were in market around the time were quickly snapped up, and there's been little stock in the last 12 months.

There's been a few developments submitted, the most recent by the luxury home builders turned multi-residential apartment developers GRAYA.

They've submitted plans for Ripple,&nbsp;a boutique nine-level project of just 19 apartments dubbed Ripple, on a prime site at 2 Palm Beach Avenue. It's their first project on the Gold Coast.

<img alt="Ripple" data-entity-type="file" data-entity-uuid="2efc0d78-76a0-44a1-a1f2-79af7cff2e5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2012.15.02%20pm.png?VersionId=nBLVyddhg.mwz1nGPSVs87gTgcyEbC2z" />

Earlier this year the international property developer Changfa lodged plans for a 21-level tower at 1134 Gold Coast Highway, just up the road from Saltwater.

The building, designed by Plus Architecture, will have 113 apartments, a mix of one, two and three-bedroom units.&nbsp;

Also on the Highway is Paul Spina's next project,&nbsp;41 apartments on a 1,237 sqm site at 1409-1411 Gold Coast Highway - between 23rd Avenue and 25th Avenue.

Recently Rob Steer's Steer Developments launched his first Palm Beach development, COTE Palm Beach.

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The $45&nbsp;million project at 3 Thirteenth Ave, on the corner of&nbsp;Thirteenth Ave and the dress circle Jefferson Lane, will see&nbsp;17 half-floor apartments built, each with&nbsp;three bedrooms, three bathrooms, and two parking spaces.

Also recently launched is Seaclusion, a more affordable offering of 40 apartments which have been snapped up by local owner-occupiers.

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Seaclusion, located at 4 Twenty First Avenue, will rise on a 1,200 sqm site that has been held by the Dorr family for three generations. It's already 60 per cent sold.

Palm Beach was one of the most in demand pockets in the Gold Coast when COVID hit

Palm Beach apartment pipeline continues to grow after COVID boom

Local owner-occupiers have dominated the early sales at Seaclusion, the new affordable Palm Beach apartment development located just off the sand.

Some $31 million worth of sales have been racked up in the first month or so of marketing, with more than 60 per cent of the 40-apartment project snapped up.

More than 80 per cent of the 25 sales have been to owner-occupiers.

Seaclusion, located at 4 Twenty First Avenue, will rise on a 1,200 sqm site that has been held by the Dorr family for three generations.

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The site currently houses a Queenslander that was built by the family’s grandfather, but the Dorr family will continue to maintain their generational ties to the site by retaining a selection of Seaclusion apartments for themselves.

Seaclusion has been designed by BDA with one, two and three-bedroom configurations across the nine-level building.

One-bedroom apartments are priced from $695,000, while two-bedroom apartments from $950,000, and three-bedrooms from $1.495 million.

Jayde Pezet, director of sales and marketing agency Pezet Matheson, says local buyers have been among the key drivers of demand at Seaclusion.

[smartcode_project:default project_id=107136 project_image_fid=202034]

“Many of our buyers are from local community who have recognised that supply is extremely limited in Palm Beach and unlikely to change in the near term,” Pezet said.

“We’ve seen a number of projects planned for Palm Beach and the broader Gold Coast recently shelved, and that has led to some really positive inquiry for Seaclusion from this cohort of buyers.

“The dominance of owner-occupiers reflects both the quality and value being presented by Seaclusion in this prime location, which is just 40 metres from the beach and a short walk to the café and dining precinct in the Palm Beach village centre.”

[smartcode_project:default project_id=107136 project_image_fid=202029]

Seaclusion has been optimised for the coastal lifestyle by BDA, with a range of exclusive residents-only amenities including beach showers and sand washdown areas on the ground floor and a spectacular rooftop recreation space complete with a pool, day beds and barbecue area offering panoramic oceanfront views.

The majority of Seaclusion’s apartments will have either an easterly or northerly aspect to maximise sweeping views of the Pacific Ocean, the Burleigh headland and beyond to the Surfers Paradise skyline.

Apartment views will be captured by floor-to-ceiling glass windows while spacious balconies will create alfresco spaces designed to enhance indoor-outdoor living in the heart of Palm Beach.

[smartcode_project_cta:default project_id=107136]

“Many of our buyers are from local community who have recognised that supply is extremely limited in Palm Beach and unlikely to change in the near term."

Over 60% of Seaclusion, Palm Beach apartment sells as owner-occupiers swoop

The luxury home builder turned residential apartment developer GRAYA have&nbsp;lodged plans for their first Gold Coast apartment project.

GRAYA, led by brothers Rob and Andrew Gray, are set for a boutique nine-level project of just 19 apartments dubbed Ripple, on a prime site at 2 Palm Beach Avenue.

Rob Gray said the site is one of the best sites in Palm Beach, if not on the Gold Coast.

In their design statement submitted to the local council, Plus said they have taken inspiration from the&nbsp;rhythmic dance of the ocean below

&quot;The architecture mimics the flow and curves of the waves,&quot; Plus, led locally by Danny Juric, noted.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="732" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_6.55.17_am.png" width="1218" /></a>

&quot;As sea spray splashes and is thrust upwards into the sky so too does the crafted and delicate forms of Ripple.

&quot;This piece of architecture offers a highly articulated form with curated recesses, defined apertures and a sculptural finesse.

&quot;All of these elements work in harmony to provide a sensitive built form respectful of its location and respectful of its neighbours.

All residences are north-east facing, taking advantage of the views across the coastline. The building has a mix of two, three and four-bedroom apartments.

It is crowned by two two-level penthouses, each with a rooftop terrace with a spa, firepit, and outdoor kitchen and dining area.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="792" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_10.31.04_am.png" width="1476" /></a>

There will be resident amenity on the ground level, which will feature a&nbsp;sauna, barbecue area, and a resort style pool.

Plus said the amenity creates &quot;an undefined connection with the sand&quot;.

GRAYA recently launched Canvas, their luxury Bulimba project, which has rocketed to 90 per cent sold. They&#39;re soon to be working on a luxury home build in Burleigh Heads, their first residential project on the Gold Coast.

<a href="https://www.urban.com.au/new-apartments/ripple-2-palm-beach-avenue-palm-beach"><img alt="" height="670" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-08-02_at_6.55.54_am.png" width="1218" /></a>

Palm Beach has been starved of high end stock since the early stages of the pandemic when luxury apartments were being snapped up.&nbsp;

Soon to hit the market is Rob Steer&#39;s COTE Palm Beach, which CBRE will be marketing with prices starting from around $2.3 million.

Recently hitting the market at a more affordable price point is Seaclusion, by the local Dorr family.

Rob Gray said the site is one of the best sites in Palm Beach, if not on the Gold Coast

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