Marquee Development Partners’ La Belle Apartments Make Stunning Debut with Over $100 Million in Sales

La Belle Palm Beach
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In an impressive entrance to the Gold Coast market, Marquee Development Partners’ luxury La Belle apartments in northern Palm Beach have achieved over $100 million in sales within just two weeks of their launch. This remarkable success underscores the enduring strength of the southern Gold Coast property market.

La Belle Palm Beach has emerged as the fastest-selling project of 2024 in the city, with sales prices ranging from $2.5 million to $7 million. Marquee’s Director, Jacques Winterburn, noted that the sales reflect an unyielding demand for the rare, absolute beachfront apartments in Palm Beach, driven predominantly by local buyers from the southern Gold Coast.

“It’s a remarkable outcome for Marquee, our 11th and most impressive project to date. The response has been overwhelming but expected. To receive over 1000 inquiries before launch underscores the considerable demand for this project and location,” said Mr. Winterburn.

“The majority of buyers have emerged from the Palm Beach and southern Gold Coast, with some from Brisbane, Sydney and Melbourne”.

“Buyers have loved the layouts, uniqueness of the absolute beachfront position and the amenities package reflective of the large beachfront site – more than 3,300 square metres with over 40 metres of absolute beach frontage – which we are spending more than $10 million enhancing with world-class amenities.

Significant interest has also been observed from buyers in Burleigh Heads, many of whom are looking to transition from esplanade-front properties to absolute beachfront residences in the serene northern Palm Beach area while maintaining close ties to Burleigh.

A substantial number of purchasers are local business owners seeking to downsize or acquire lock-and-leave apartments.

“Interestingly, a number of purchasers work within the property and construction sector which shows how unique the project is and exemplifies the quality Marquee deliver,” said Mr Winterburn.

Set to rise 14 levels, La Belle Palm Beach will offer 75 premium beachfront apartments available in three-, four-, and five-bedroom configurations. The residences will feature expansive living spaces ranging from 150 sqm to 680 sqm, catering to the discerning owner-occupier market of the thriving Gold Coast.

Capitalizing on the spacious site, Marquee has integrated a series of five double-storey beach homes into the development. These homes will feature generous living areas of up to 388 square meters, providing an added layer of luxury.

^La Belle Palm Beach Beachfront Access Renders (Images: Marquee)
^La Belle Palm Beach Beachfront Access Renders (Images: Marquee)

“The speed at which La Belle Palm Beach has reached this sales milestone demonstrates the pent-up demand for premium beachfront residences in this coveted locale where buyers feel they can enjoy a peaceful beach setting, yet be within walking distance to retail offerings of Palm Beach and Burleigh Heads,” said Azura Griffen, Sales Manager at Marquee Development Partners

“Every apartment boasts a considerable ocean frontage, allowing us to create stunning protected ocean views from both the living and dining areas, as well as the Master bedrooms.”

Residents of La Belle Palm Beach will enjoy a diverse array of upscale amenities, including a heated outdoor pool and spa, multiple teppanyaki dining bars, and a resident’s lounge complete with a billiard room, bar, and large screen TV for gatherings. The development will also feature a wellness centre equipped with a state-of-the-art gymnasium, yoga and Pilates room, Nordic and infrared saunas, an indoor hydrotherapy hot pool, and two cold plunge immersion baths. A 5-star hotel-style lobby with a porte-cochère drop-off, an arrival lounge, and fully equipped private offices will cater to the work-from-home needs of residents.

La Belle Palm Beach by Marquee Development Partners
^La Belle Palm Beach Pool Amenity Render (Images: Marquee)

“Our team has spared no effort in ensuring that every aspect of La Belle Palm Beach reflects the epitome of luxury coastal living. From the expansive living spaces to the meticulously curated amenities, we’ve created an environment that exceeds even the highest expectations”, said Mr. Winterburn.

Construction of La Belle Palm Beach is slated to commence in June 2024, promising to deliver a new standard of luxury living on the Gold Coast.

Note: The information presented in this article is for general informational purposes only and should not be relied upon as legal, financial, or professional advice. While we make every effort to fact-check and verify the information presented, we cannot guarantee its accuracy or completeness. Readers are encouraged to independently verify any information they find on our website and to consult with relevant professionals before making any decisions based on the information presented. The Australian Development Review does not own the rights to the information included within this article, and furthermore, there is no infringement intended from the included text and images within.

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