Flourish Amargo: Beach Living On A Budget

An 18-storey project on the Gold Coast is offering 125 apartments to new beach-loving buyers, at half the price people would pay for a seafront unit.

Sherpa Property Group has announced stage two of their new Palm Beach development, Flourish on Sixth, offering one- to three-bedroom apartments with prices beginning as low as $575,000. With more than $110m in sales for stage one and more than 50 percent of stage two already sold, the project only has a select few two- and three-bedroom homes still available to buy. The building on Sixth Ave is a short walk from the nearby beach, just beyond the Gold Coast Highway.

Sherpa Property Group founder Christie Leet said the price of a beachfront property had become so high that many buyers had been priced out of the market. “The disparity between the price of a property in Flourish vs beachfront, which is 100m away, is 100 per cent – when it should be 30 per cent, based on traditional research,” he said.

“The disparity is very wide, and I think that’s just tremendous value for our buyers.” Stage two of Flourish makes up the project’s Canopy Collection – a series of two- to three-bedroom apartments with luxury offerings, beginning at $1.425m. These 28 units include four penthouse offerings, taking up a corner each of the building’s highest floor.

Remaining two-bedroom apartments in stage one begin in the $800,000 range, with stage two’s premium units expected to go on sale near the end of the year. Each resident will also be able to enjoy the complex’s 800sq m rooftop retreat, featuring hot and cold magnesium pools, outdoor barbecues, an indoor private dining space and a gym with yoga zones.

The development will also feature a ‘community sherpa’ onsite, acting as a concierge and activities director for residents to keep up residents’ quality of life. Mr Leet said the development was deliberately designed to offer features for a variety of generations, with first-home buyers making up around a fifth of purchases within the complex so far. “I’ve met, most if not all of the buyers, and they’re such a beautiful collection of people,” he said. “It’s going to be such a wonderful community. We had an hour-long function; and I’ve been in the industry for 37 years, and that hour was the highlight of my career.” Mr Leet added Sherpa had waived sunrise clauses for buyers who had purchased units in the complex, allowing them the certainty of both price and build timeline. “Many of them thought they’d never get into the real estate market,” he said. “Our pricing structure allowed [access for] many people not normally able to be involved.”

With the building now under construction, residents can expect to move into their new homes between Christmas 2026 and March 2027. Sherpa has also begun work on another Flourish project on Sixth Ave, with unit prices starting at a higher $1.5m price tag.