Brisbane’s riverfront is about to welcome Queensland’s most ambitious wellness living precinct, with <a href="https://www.apartments.com.au/developers/kokoda-property">Kokoda Property Group</a> unveiling nearly 12,000 sqm of dedicated health, fitness and social amenity within its $1.5 billion Teneriffe Banks development, the largest of its kind in the state.&nbsp;

Australia is now the four largest market in the USD 584 billion Global Wellness Real Estate sector, and <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> is setting the benchmark locally, offering residents a complete lifestyle precinct that balances wellness, community and luxury.

From rooftop wellness retreats and 5-star co-working spaces to curated retail and dining, lush green spaces and riverfront walkways, the development has been designed as an ecosystem for modern living. Community gardens, a riverfront amphitheatre and community centre further anchor Teneriffe Banks as a destination that connects residents and the wider community in a way Brisbane has never seen before.&nbsp;

Each of the four residential buildings offers an expansive rooftop retreat featuring infinity pools, mineral plunge pools, hydrotherapy zones, and steam and sauna suites. These spa-level amenities eliminate the need for external memberships, seamlessly integrating exercise, recovery and relaxation into daily life.&nbsp;

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Residents of Teneriffe Banks will enjoy exclusive access to The Canopy Club, one of Brisbane’s largest private members' venues. Drawing inspiration from international icons like Soho House but uniquely tailored for Brisbane, the club will feature private dining rooms, a wine cellar and tasting lounge, library, cinema, sports simulator and five-star work spaces, overlooking the Brisbane River.&nbsp;

Complementing this lifestyle is Banks Athletic, a private, residents-only health club offering personalised fitness and holistic wellness programs.

The precinct will also be home to Brisbane’s first five-star Kimpton Hotel Urban Resort, offering guests access to a luxury spa, a fitness centre, signature restaurants, pool club, rooftop cocktail bar and large-scale event spaces. Also forming part of the masterplan is a proposed reimagined marina and landscaped green spaces and gardens among a curated collection of waterfront restaurants, laneway cafes, and boutiques — creating a complete live, work, play lifestyle.&nbsp;

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A recent report by Global Wellness Institute found Australia boasts one of the world’s fastest-growing wellness economies, growing at an annual rate of 7.5 per cent from 2019-2023.

“Luxury living today is about more than just design, it is about how well a place supports mind, body and connection,” said Kokoda Property Group Founder and Managing Director, Mark Stevens.

“With Australia now ranked among the world’s top five global wellness real estate markets, Teneriffe Banks has been designed to meet that growing demand. By blending curated wellness spaces with riverfront greenery and vibrant community amenities, the precinct will set a new benchmark for holistic urban living.”&nbsp;

Stephens said that wellness-focused design is resonating strongly with downsizers and lifestyle-driven buyers alike.&nbsp;

“We’re seeing overwhelming interest from buyers who are drawn to the idea of expansive amenity beyond their own residence, particularly those seeking space without the upkeep. The ability to enjoy a sunrise coffee by the rooftop pool, or build movement and recovery into their daily routine without leaving home, is a drawcard. Low maintenance, high impact living is what today’s market is looking for, and that’s exactly what Teneriffe Banks delivers."

[smartcode_project:default project_id=139896 project_image_fid=352273]

Set across five architecturally distinct buildings, Teneriffe Banks will deliver over 200 residences, ranging from apartments to modern penthouse residences and woolstore-inspired lofts, each crafted by <a href="https://www.apartments.com.au/architects/studio-mccue">Studio McCue</a>, in collaboration with <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a> and <a href="https://www.apartments.com.au/architects/carr-design">Carr</a>.&nbsp;

Further reflecting its commitment to fostering an active, connected lifestyle along the river, Teneriffe Banks is now the naming partner of the Brisbane Marathon Pacers, now known as the ‘Tenerrife Banks Pacers’. The Brisbane Marathon hosts over 10,000 participants from around the world and is only growing in size.&nbsp;

[smartcode_project_cta:default project_id=139896]

Joel Robinson

Kokoda's Teneriffe Banks introduces Queensland’s largest residential wellness offering

Summary:&nbsp;

<ul type="disc">
	<li>A new&nbsp;Golden Age Cinema&nbsp;with multiple screens and creative performance spaces</li>
	<li>Approximately&nbsp;60 metres of retail frontage&nbsp;along Oxford Street for small-scale, street-activating businesses</li>
	<li>53 apartments, including 15 affordable housing apartments</li>
	<li>Landscaped public connections between South Dowling and Verona streets, improving walkability and accessibility.</li>
</ul>

<hr />
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Developer WT Malouf has confirmed plans to transform the much-loved Verona Cinema site on Oxford Street in&nbsp; Paddington into a new mixed-use destination centred on culture, creativity and community.

The proposal, a State Significant Development Application (SSDA), will deliver a balanced mix of uses including 53 apartments, including 15 affordable, a new Golden Age Cinema with multiple screens and creative performance spaces, and several small-scale, street-activating businesses across its 60 metres of retail frontage.

The development will retain the Verona’s iconic brick façade, recognising the building’s role in Paddington’s cultural life for nearly three decades.

<img alt="Verona" data-entity-type="file" data-entity-uuid="efed0828-5cc4-4d77-a6df-83e7fa5d24ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.31%E2%80%AFAM.png?VersionId=xHbLRgjfTSkScuLsLW_nRjX0Zi5Cwalo" />

WT Malouf has entered into exclusive arrangements with the operators of Golden Age Cinema &amp; Bar, a much-loved Surry Hills institution named among the Top 100 Cinemas in the World by Time Out. Golden Age will bring four screens and versatile creative spaces back to Paddington, helping to anchor Oxford Street’s future as a cultural and entertainment corridor. 
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“At a time when Sydney is losing suburban cinemas, we’re committed to creating a bigger and better cinema experience for Paddington,” said Jack Joseph, Director at WT Malouf.

“Golden Age’s arrival will ensure Oxford Street continues to be a home for independent film, live performance and community events.” 
&nbsp; 
The project has been designed in line with the City of Sydney’s Oxford Street Cultural and Creative Precinct strategy, which encourages new investment in cultural space, night-time economy and creative industries. It also aligns with the NSW 24-Hour Economy Strategy, contributing to the revival of Oxford Street as a safe, vibrant and connected cultural precinct that operates by day and night.

<img alt="Verona" data-entity-type="file" data-entity-uuid="ac1895bd-d09f-4cf6-aed4-9a2739c2d9b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.19.45%E2%80%AFAM.png?VersionId=NcwfjdR0oF5xPbatoSGOR4oWAZm9yJJT" /> 
&nbsp; 
“This development is about more than apartments,” Joseph said. “It’s about contributing to Oxford Street’s restoration as one of Sydney’s great cultural boulevards, where people come to live, create and socialise.” 
&nbsp; 
‘’The new Verona is a once -in-a-generation opportunity to restore this important part of Oxford Street,’’ said Tim Greer, Director of Tonkins Zulaikha Greer (TZG). 
&nbsp; 
Alongside cultural and creative space, the Verona development will deliver new housing in one of Sydney’s most tightly held suburbs. 15 apartments will be set aside as affordable rental homes for essential workers, ensuring Paddington retains a diverse and connected community. 
&nbsp; 
The project is expected to be determined by the NSW Department of Planning, Housing and Infrastructure in 2026, with construction planned to start later that year and delivery within three years.

Paddington’s Verona Cinema set for luxury apartment transformation and new Golden Age Cinema

The Chatswood CBD is the latest city centre in the cross hair of the Minns Labor Government's push to support new housing.

They're pushing for up to 1,500 apartments on the former Sydney Metro construction site, which will include 180 build-to-rent apartments for essential workers, as well as new retail and commercial spaces and outdoor areas.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="ec539e11-accf-4844-bbce-1b453e0ee907" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.58%E2%80%AFAM.png?VersionId=64L8ymb0LbjKbxcmvUux9TI9qXL8hnkR" />

The remaining mix will be build-to-sell, and incorporate affordable housing. The development will see the adaptive re-use of local heritage building Mowbray House, which operated as a boarding school from 1906 to 1954, for future community use.&nbsp;

Construction on the site is expected to start in late 2026, with the first essential workers expected to move in by late 2028.

Landcom is inviting feedback on the proposal from the community and stakeholders until 9am, Monday 27 October 2025.

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="01cc2e55-a585-4a3f-afb2-bb6213dc59b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-03%20at%209.09.18%E2%80%AFAM.png?VersionId=ZaaHSI.h_CLRCYloljNdXSa4eigU6vae" />

The Chatswood site is the second&nbsp;to be secured under the Minns Labor Government’s $450 million investment in Landcom to deliver 400 build-to-rent homes for essential workers in Sydney, with 220 essential worker homes already being delivered in Annandale.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Work is also underway on new build-to-rent apartments on the NSW south coast and work is set to start later this year on new build-to-rent housing in Lismore to boost rental supply in the NSW Northern Rivers.

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

“This will be life changing for essential workers, who will get to live not only near their job but in one of the best-connected areas in all of Sydney.”

Minister for Planning and Public Spaces Paul Scully said people should be able to live, work, relax and play all within one community.

"Delivering both 180 new essential worker homes and 1300 further market and affordable homes will give that opportunity and choice back hundreds of people.

“We’ve dedicated another 180 homes to essential workers in this project so workers like our teachers, nurses, paramedics and police offices can build a life close to both their home and job.

“This is yet another example of density done well, providing additional, homes and jobs in an area that’s already well serviced by public transport, shops, restaurants, schools and health centres.”

&nbsp;

&nbsp;

Landcom CEO Alex Wendler said this is a highly productive time for Landcom where we are sustaining strong momentum across our entire delivery program.

"Here at Chatswood, we are leading the development of a major city precinct to do density well and make homes happen. This is a great example of Landcom making the government’s policy ambitions a reality and bringing to life the kind of housing options our city needs.”

Premier of New South Wales Chris Minns said essential workers are the backbone of not only Sydney but all of NSW and they deserve to have an affordable place to live near their job and community.

NSW Gov, Landcom plan 1,500 new apartments in Chatswood CBD

Dexus' push into the residential development space is moving down to Melbourne, with the real estate asset giant taking on a x at the southern end of St Kilda Road.

Dexus, who has recently starting developing luxury apartments in Sydney's Northern Beaches, is planning a 27-storey tower with over 400 new apartments at the intersection of St Kilda Road and Queens Road.

The proposal, now with VIC Planning, seeks to replace the ageing 19-storey former Cadbury office building at <a href="https://www.apartments.com.au/new-apartments/636-st-kilda-road-melbourne-vic-3004">636 St Kilda Road</a> with a contemporary high-density apartment complex designed by architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>.

According to the Urban Context Report filed to VIC Planning, the development will respond to the site’s landmark location through a "refined and sculptural built form that mediates between the scale of St Kilda Road and Queens Road” while reinforcing “a sense of civic address at this prominent intersection.”&nbsp;

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfd2ebd1-e311-4348-9c7d-b3d73b64ade4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20Kilda%20bldg.png?VersionId=_DHkdNAj1U3wcH0BX51t2MJYeIMrbG2w" />

The architectural design features active frontages, new pedestrian through-links and an extensive landscape strategy that integrates with the surrounding boulevard character.

The apartment mix is varied, comprising 40 studios, 87 one-bedrooms, 203 two-bedrooms, 66 three-bedrooms, and six penthouses, with each dwelling designed to meet the standards set out in Clause 58 of the Port Phillip Planning Scheme.&nbsp;

A key element of the proposal is a $9.6 million contribution, equivalent to three per cent of the project’s estimated development cost, to the Social Housing Growth Fund, aimed at supporting affordable housing outcomes across Victoria.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="7f138f11-5277-461f-8d12-9533b2960586" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20kilda%20rd%20site.png?VersionId=m_ZioKYhwkvekE3ZUF6y7bz.5_5yFPnZ" />

The site’s three street frontages, St Kilda Road, Queens Road, and Queens Lane, enable significant setbacks and design flexibility.

Bates Smart noted the proposal "reinforces the intent for St Kilda Road North to accommodate higher-density, mixed-use development,” leveraging its location near the soon-to-open ANZAC Station tram-rail interchange and the principal cycling corridor along the boulevard.

They emphasised&nbsp;the building’s role as a city-shaping gateway, writing that the proposed tower is “designed to contribute positively to the skyline and urban character of St Kilda Junction,” and would offer visual connections to key city landmarks, including Albert Park Lake and the Shrine of Remembrance.

Public realm upgrades are also proposed as part of the scheme, including a 138 sqm linear park, extensive landscaping, and around 188 metres of active frontages to enhance permeability and safety at the ground plane. A total of 449 car spaces and 120 bicycle spaces are planned across the four basement levels.

<img alt="First look: Dexus proposes 27-storey residential tower at 636 St Kilda Road" data-entity-type="file" data-entity-uuid="dfdbccd3-6954-417e-8543-c6b1f1b5df1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/St%20KILDA%20rooftop.png?VersionId=.xI5fkVYETzG1WJaiOsOt8Yd4BgQx0DA" />

Dexus is positioning the project as a strategic redevelopment aligned with the St Kilda Road North Precinct Plan. The Planning Report by Urbis states that the distinct features of the site, the emerging context to its interfaces, and the surrounding policy context justify consideration of a taller building” despite the site being subject to Design and Development Overlay – Schedule 26 (DDO26).

St Kilda Road has been one of the most popular streets for residential development in recent years. The likes of Victoriana, The Muse, and St Boulevard are the most recently completed buildings, oriented to look over the adjacent Albert Park Lake, while Gamuda Land is currently developing <a href="https://www.apartments.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>, and Hirsch &amp; Faigen has a building in the precinct they will soon launch, just off St Kilda Road on Queens Road.

First look: Dexus joins St Kilda Road apartment ranks with gateway tower proposal

Melbourne’s City Circle tram loops past a dense matrix of culture, education and commerce, but few intersections offer as much access in so little walking distance as the northern end of King Street.

Here, Aspire Melbourne rises 64 storeys from the edge of Flagstaff Gardens, with immediate connectivity to tram and train networks, and pedestrian access to Queen Victoria Market, Marvel Stadium and Melbourne’s major university precincts.

Developed by ICD Property with design by Fraser &amp; Partners, Aspire Melbourne brings 570 apartments to one of the CBD’s most spatially balanced positions, directly between civic green space and key employment infrastructure.

[smartcode_project:default project_id=2575 project_image_fid=248847]

Everything from retail and dining to sporting events, art, theatre, and festivals, or the serenity of the city’s gardens, is within walking distance of Aspire.

Melbourne's thriving coffee culture is showcased in the CBD's cobblestoned laneways, with popular cafes such as Brother Baba Budan, Krimper, Stagger Lee's, Higher Ground, and Manchester Press all nearby.

For culinary enthusiasts, Melbourne offers a variety of dining experiences. Highly recommended establishments include Maha, Farmer's Daughter, Coda, and MoVida Next Door, offering everything from Middle Eastern dinners to a night out.

[smartcode_project:default project_id=2575 project_image_fid=79443]

Getting around Melbourne is as effortless as finding a great cup of coffee, thanks to the city’s clean, reliable and extensive public transport network. Aspire’s curved tower is a short walk from Melbourne Central Station, Southern Cross Station and the Free Tram Zone, offering seamless connections across the CBD and out to suburban precincts.

This inner-city accessibility is complemented by Aspire’s rare proximity to green space. The tower directly overlooks Flagstaff Gardens, the city’s oldest park, with Fitzroy Gardens and the Royal Botanic Gardens also nearby, framing the CBD in natural beauty.

Just 11 minutes on foot, Queen Victoria Market adds another layer of amenity. A longstanding hub of culture and commerce, it offers fresh produce, gourmet foods, artisanal goods and vibrant multicultural fare, all woven into the daily rhythm of city life.

[smartcode_project:default project_id=2575 project_image_fid=79445]

To the west, the CBD’s entertainment quarter features Marvel Stadium, just 750 metres from Aspire, ideal for sports fans and major events.

To the south, Crown Casino along the Yarra River offers entertainment, dining and family-friendly activities, accessible in under 10 minutes by tram.

The Arts Centre Melbourne, a hub for visual art, theatre, music and performance, is also within easy reach by public transport or car.

[smartcode_project:default project_id=2575 project_image_fid=311]

For families looking to set up roots in the CBD, education options abound within a one-kilometre radius of Aspire.

The prestigious Haileybury opened its Melbourne CBD campus in January 2017 offering Melbourne's first Early Learning Centre to Year 12 private school campus in the CBD.&nbsp;

<a href="/developments/north-melbourne-vic-3051">North Melbourne</a> Primary School, South Melbourne Primary School, Ozford College, and Simonds Catholic College are among the other choices, while universities like Victoria University, La Trobe University, and Monash University are less than 600 metres away.

[smartcode_project:default project_id=2575 project_image_fid=79444]

A limited selection of one, two, and three-bedroom apartments remain for sale, with pricing starting from $647,000.

“The Melbourne CBD apartment market has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal, especially to the fast-growing cohorts of young professionals and university students,” <a href="/project-marketer/colliers">Colliers</a>&nbsp;Managing Director Residential Tim Storey said.

[smartcode_project_cta:default project_id=2575]

On the fringe of Flagstaff Gardens: Aspire Melbourne's prime location

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.

[smartcode_project:default project_id=89730 project_image_fid=186718]

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.

&nbsp;

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.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/PEKjraxeps8" title="YouTube video player" width="560"></iframe>

“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.”

<img alt="Palm Beach Hotel" data-entity-type="file" data-entity-uuid="ff4f43cf-1841-4afa-86bb-d4d08c00d054" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-22%20at%208.59.02%20am.png?VersionId=rF.7Bzwhml7_tXdQGVdKICxwuTkr0yWM" />

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.

[smartcode_project:default project_id=112548 project_image_fid=205283]

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="/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.

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.

[smartcode_project:default project_id=112548 project_image_fid=205283]

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.

[smartcode_project:default project_id=107136 project_image_fid=202031]

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. 
&nbsp;

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.

[smartcode_project:default project_id=112941 project_image_fid=210512]

“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="/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.

<img alt="d" data-entity-type="file" data-entity-uuid="a8190c8d-08fe-4409-9959-4926ae5c0689" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.33%20am.png?VersionId=Qz3A5uS7xND4SLPO6CHZrseHtw.Gazbx" />

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."

<img alt="d" data-entity-type="file" data-entity-uuid="30fdb7ce-d97d-4757-b079-dc14bf6e6069" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%208.13.34%20am.png?VersionId=sN1Gng1i4ux20ZVep0gQIfdp4NH_AkJz" />

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.

&nbsp;<img alt="f" data-entity-type="file" data-entity-uuid="1a9ca3dc-53eb-4d91-a7ff-8055c9fd2202" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%209.16.47%20am.png?VersionId=7NP1IiOboxl1Z_vRwa.6ALLnhOFTrkvc" />

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."

&nbsp;

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;

[smartcode_project:default project_id=112548 project_image_fid=205276]

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.

[smartcode_project:default project_id=112548 project_image_fid=205277]

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.

[smartcode_project:default project_id=112548 project_image_fid=205278]

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.

[smartcode_project:default project_id=112548 project_image_fid=205280]

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.

[smartcode_project:default project_id=112548 project_image_fid=205286]

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.

[smartcode_project_cta:default project_id=112548]

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.

[smartcode_project:default project_id=112548 project_image_fid=205283]

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.

[smartcode_project:default project_id=107136 project_image_fid=202030]

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.

[smartcode_project:default project_id=107136 project_image_fid=202031]

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="/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="/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="/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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