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 document has been prepared as a guide and does not constitute advice. Every effort has been made to ensure the information is complete and accurate. The information has been provided in good faith and with due care. The developer and seller of this project makes no representation (expressed or implied) as to the accuracy, adequacy or reliability of any statements, data, images or information contained within. Lacey Group Pty Ltd reserves the right to make changes to the contents of this document at any time. Whilst all endeavours have been made to ensure the content of this document is correct at the time of publishing, the information it contains is to be used as a guide and for information purposes only.

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