GOLD Coasters have emerged as the biggest group of buyers at Sable on Palm.
The luxury Palm Beach development on 88 Jefferson Lane features 39 two and three-bedroom apartments across seven levels
Fifteen residences have already sold.
“Many of the purchasers already live in Jefferson Lane,” a marketing director of a local real estate agency said. “They like that Sable is an owner-occupied focused project.”
He said apartments at Sable featured large bedrooms, built-in wardrobes and kitchens with island benches and butler’s pantries.
An open-plan design allows for an easy transition between to the outside balcony while floor to ceiling windows allow plenty of light to filter in. Most apartments also offer spectacular ocean views.
Palm Beach has had a surge in new apartment projects hitting the market recently. “I think what separates Sable from other projects is it’s a boutique development with a Jefferson Lane address,” he said.
“There hasn’t been any expense spared in the finishes with huge balconies, timber floors and high ceilings.”
Two-bedroom apartments are priced from $560,000 while three-bedrooms are from $1.15 million.
Body corporate fees are from $59 per week. An onsite display is open daily from 10-3pm.