Sherpa Property Group Acquires Prime Palm Beach Sites, Expands Gold Coast Footprint

Sherpa Palm Beach Sixth Avenue Gold Coast
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Sherpa Property Group has reinforced its commitment to the Gold Coast with the acquisition of a prime collection of sites in the desirable Palm Beach area. The group has secured a 1,215sqm amalgamated site across 8-12 Sixth Avenue.

This strategic purchase underscores Sherpa’s confidence in the Gold Coast market, particularly Palm Beach, where they have successfully completed two projects in the past three years. Their Perspective Nexus project is currently under construction.

Sherpa Property Group Perspective Nexus Palm Beach
^Perspective Nexus in Palm Beach by Sherpa Property Group is Under Construction (Image: Sherpa Property Group)

Daniel Clarke, General Manager of Sherpa, emphasized the significance of this acquisition, describing it as a rare find in a highly competitive market where such high-quality sites are hard to come by.

“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,” said Mr Clarke.

“We’re excited to bring 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 meet their needs.”

“Remaining in true alignment with Sherpa’s less is more ethos, this new project will do exactly that, but with a twist.”

Situated just moments away from pristine surf beaches, lush parks, and the vibrant Palm Beach café and dining scene, Sherpa’s latest project promises residents an unparalleled coastal lifestyle. The group is committed to expanding its residential portfolio, establishing itself as a preferred developer for discerning buyers.

Over the past six years, Sherpa Property Group has completed ten projects on the Gold Coast, with four more in the pipeline. The company continues to develop premium living spaces catering to buyers seeking a relaxed coastal lifestyle.

The Sixth Avenue project is scheduled to launch to the market in 2025.

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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