Sales launch at Pask's luxury Esplanade, Palm Beach apartment development
The well-regarded property developer, Pask, has kicked off its sales campaign at its luxury Palm Beach apartment development on the sought-after The Esplanade.
Strong demand from buyers has seen half of the 16 residences snapped up prior to the project’s retail sales launch.
NPA Projects Director Andrew Erwin saying he's seen interest from Gold Coast locals, as well as from Brisbane, and Melbourne.
"Great design and quality craftsmanship are what Pask are well-known for in Melbourne," Erwin says, highlighting their work at the Millswyn, a collection of eight luxury apartments, two penthouses and a restored heritage residence in South Yarra’s exclusive Domain precinct.
Erwin said buyers are drawn to the location, at the quieter end of The Esplanade, in an area he calls "North Palm Beach."
"North Palm Beach is essentially its own area," Erwin says, with the top of The Esplanade located closer to the picturesque Burleigh Headland and Tallebudgera Creek.
Designed by Plus Architecture and set in landscaping by FORM Landscape Architect, the project features two dual-level Beach Houses, 12 Beach Residences, and two penthouses.
The split level, four-bedroom Beach Houses start on ground level, each with their own private plunge pool and living spaces wrapped around a private courtyard. Each Beach House also features two open plan kitchens, living and dining areas, and a separate guest quarters located on the lower floor.
The three-bedroom Beach Residences, which start from 220 sqm, run at two-per-floor to level eight, and every apartment will have a large ocean-facing balcony.
On the ground level is the resident amenity, which includes a 20 metre lap pool with wet edge and sunken lounges, outdoor dining areas and a barbecue space, as well as a gym.
Price range between $3.2 million and $5.95 million.
Pask have timed their entry to the booming Palm Beach market, which is showing no signs of slowing down.
Settlement is due in early 2023.
About The Developer
Pask was founded by family patriarch Nev Pask over five decades ago. Since then, the company has grown in to one of Australia's leading property developers, with a legacy of over 100 developments across the country.
The company is now ran by Nev's son Dean, who has grown Pask across Queensland and Victoria. They've only recently turned their attention to the boutique apartment development market, having initially started their journey with greenfield developments.
Their first greenfields site in Queensland was Arise at Rochedale, south of the Brisbane CBD and one of Brisbane's last master-planned greenfield communities. That now has over 1500 homes, having first been developed over 20 years ago.