Sales hit $21m ahead of build at Palm Beach

SALES have topped $21 million in Palm Beach’s boutique apartment project, The Jefferson, which will pave the way for construction to start ahead of schedule in the coming weeks.

The Lacey Group project is now 75 per cent sold after a mix of local and interstate buyers snapped up 33 of the 46 apartments off-the-plan.

Brendan Andrews, of McGrath Estate Agents, said The Jefferson had been one of Palm Beach’s bestselling apartment project in the past five years. “Being beachside is one of the most important factors for many people, particularly those downsizing from a family home, which represents a large portion of our buyers, many of whom are coming from Palm Beach, Elanora and surrounding suburbs such as Robina and Burleigh,” Mr Andrews said. “Several buyers are from regional New South Wales and Sydney, and we are fielding an increasing number of enquiries from those looking for holiday homes and investment properties in The Jefferson.”

The project is on Jefferson Lane between Palm Beach Avenue and Fifth Ave.

The apartments have floor plans up to 162 sqm, floor-to-ceiling windows and a contemporary finish, and residents have access to a recreation deck.

One-bedroom units start from $410,000, up to three-bedroom apartments from $885,000.




The information provided in this article is intended for general informational purposes only. While we endeavour to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the article or the information, products, services, or related graphics contained in it. Any reliance you place on such information is therefore strictly at your own risk.

The article may contain opinions, viewpoints, or recommendations from various individuals or organisations. These do not necessarily reflect the views of the publication or its affiliates. Any action you take upon the information in this article is strictly at your own discretion, and we will not be liable for any losses, damages, or injuries arising from its use.

Furthermore, the publication does not endorse or recommend any specific fundraising campaigns, organizations, or individuals mentioned in the article. Any mention of such entities is purely for informational purposes and does not constitute an endorsement or recommendation.

The publication reserves the right to modify or update the content of this article at any time without prior notice. We encourage readers to independently verify any information before participating in or donating to any fundraising initiative.

Continue Reading