Just two weeks in to its sales launch and half of the apartments in The Tally, the latest apartment development to hit the market at Palm Beach, have already been snapped up.

The 45 apartment building, developed by Scott Dolso&#39;s&nbsp;MVGS Property Group at&nbsp;14-18 Twenty Eighth Avenue, has been a hit with local owner-occupiers&nbsp;in particular, KMSM agent Chez Fraser says.

Fraser has&nbsp;fielded over 1,200 enquiries so far.

[smartcode_project:default project_id=95222 project_image_fid=170590]

&quot;Gone are the days of waiting for an agent to be get in touch and chasing&nbsp;buyers who have enquired on the project,&quot; Frazer says on the current booming market, adding that she&#39;s never been so busy.

Fraser&nbsp;says there are a few stand out features of the project which are dragging a high level of enquiry, namely the location.

&quot;The location is pretty extraordinary&quot;, Frazer says, adding that the development is not far off the Gold Coast Highway for transport links, and the apartments either overlook Burleigh Heads, Tally Creek, or the beach.

There&#39;s the affordable entry point of the development as well, a big drawcard in the current market with the wave of new&nbsp;multi-million dollar apartments targeting the luxury downsizer and owner-occupier dominating the off the plan market space.

One-bedroom apartments, which are now all sold out, had started from $450,000, which included a car space.&nbsp;

[smartcode_project:default project_id=95222 project_image_fid=170588]

Frazer believes we won&#39;t see two-bedroom apartments of this level for some time. They start from $650,000, with two bathrooms and two car spaces.

The majority of buyers have been local owner-occupiers, with a handful of first home buyers and a few interested from interstate.

The Tally, spanning&nbsp;nine levels and designed by BDA Architecture, has a yoga lawn on the ground level and a rooftop which has a swimming pool with views across the beach.&nbsp;Completion is slated for early 2023.

<blockquote>
&quot;Inspired by the natural landforms of Burleigh Headland and Tallebudgera Creek, the fluid movements of waves, and the subtle curves of the creek, the architectural form and colour tones pay homage to the local context and history&quot; 
BDA Architecture
</blockquote>

Frazer says good developers who build up a reputation in the area always go well when it comes to their next project.

MVGS recently developed Canopy, a similar development of 49 apartments&nbsp;also designed by BDA, nearby at 3-7 Twenty Fourth Avenue. Four of the buyers in The Tally have come from Canopy.

[smartcode_project_cta: project_id=95222]

One-bedroom apartments, which are now all sold out, had started from $450,000, which included a car space

Joel Robinson

Two weeks, half sold: Why buyers are snapping up apartments in Palm Beach's latest development The Tally

<html><body>
Plans have been lodged for an eight level, 45 apartment tower in the Queensland's coastal Palm Beach.

The yet-to-be-named project at 14-18 Twenty Eighth Avenue, Palm Beach been described as "an elegant and visually interesting addition to the Palm Beach precinct" in the proposal submitted to the City of Gold Coast Council.

It is being developed by MGVS Properties, which is ran by the local Dolso family.

<img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_2.jpg" width="1200">

The 45 apartments will be made up of primarily two bed units, with seven one bedroom apartments, 30 two beds and eight three bedders. The rooftop will feature a communal swimming pool and entertaining space.

"This project offers the opportunity to design an innovative architectural building and provide a higher density residential development in the Northern Palm Beach precinct", the proposal's executive summary read.

BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_tower_2.jpg" width="1200">

"The architecture of the proposed development is minimal and fluid, with cantilevered concrete frames and a textured and timeless material palette of white weatherboard, textured concrete, timber look screening and natural stone, creating a rich and layered coastal effect," the design statement read.

The 1,215 sqm site sold for $2.8 million in September last year. Currently on the property is a block of four apartments and a two level brick house. It was marketed as a prime development site.

[smartcode_project:default project_id=22057]

Design Intent submission

In its overall massing and composition, the external form of the project has been developed to provide both a respectful acknowledgement to neighbouring buildings; and also to take advantage of the abundant views.

The building has been carefully composed as a tower that touches the ground lightly, with architectural elements and materials that further enhance this. The design intent is to contribute positively to the image, quality and overall identity of Palm Beach, with a resolved and expressive built form and considered street frontage.

<img alt="" height="1597" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_1.jpg" width="1600">

The urban design principles of this proposal include: 
- Create an interesting and dynamic building, especially as viewed from Twenty Eighth Ave. 
• Provide comfortable pedestrian access from Twenty Eighth Ave. 
• Provide safe access to and from the site for pedestrians, motorists and service vehicles. 
• Maximise the opportunity for deep planting at street edges and for additional planting at podium level, as well as up the building. 
• Screen on-site parking areas from viewing in the public domain. 
• Maintain visual and acoustic privacy to and from neighbours. 
• Maximise the opportunity for outlook to the abundant views and the provision of sheltered outdoor recreation for residents. 
• Provide equitable access for those with impaired mobility. 
• Achieve a high standard of design, build quality and finish quality.
</body></html>

BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand

MGVS Properties

Recent news and updates

Developments

New apartments

New townhouses

News