DA lodged for Sherpa's second Palm Beach development

Sherpa Property Group has lodged a development application with the Gold Coast City Council for yet another site in the Gold Coast hotspot of Palm Beach, as it continues to expand the Flourish brand.

The new project builds on the strong momentum of the Flourish brand’s debut at Palm Beach, where more than 80% of residences sold in just a few months. Flourish on Sixth launched with a mix of homes designed for liveability and attainably priced.

Situated on an 1800 sqm site, Flourish Ovana will be designed to complement its sister project, Flourish on Sixth. Flourish Ovana is expected to deliver a collection of 102 apartments, predominantly comprising of one-, two-and three-bedroom configurations.

After recently acquiring the site previously home to the old Palm Beach Cash Converters, Sherpa Property Group has moved quickly to lodge plans to help meet the growing appetite for high-quality and competitively priced homes in a market where supply remains limited.

Flourish Ovana is strategically located on the corner of 1150-1154 Gold Coast Highway and 3 Sixth Ave, following hot on the heels of the successful launch of Flourish on Sixth, which generated $110 million in sales, driven by first-home buyers and local rightsizers.

Sherpa Property Group founder Christie Leet said the DA lodgment of the new Flourish site signals the next chapter for the developer’s ongoing vision to create accessible, community-focused residential apartments on the southern Gold Coast.

“Following the success of Flourish on Sixth, we are extremely excited to unveil plans for another site in Palm Beach that continues the Flourish legacy. We are particularly proud of the product typologies and unit mix which, amongst others, allow first-home buyers to get a foothold in the market,” said Christie. 

“At Sherpa, our focus is on building connected communities and delivering exceptional living experiences. This new project gives us the opportunity to extend our vision, ensuring Flourish Ovana integrates seamlessly with Flourish on Sixth.

Our vision for Flourish Ovana is to cater to a broad market – from first-home buyers and local rightsizers to savvy investors – without compromising on quality or livability.” 

“Palm Beach is a vibrant and rapidly evolving coastal hub, and we’re proud to be playing a role in delivering high-quality housing at an ideal entry price point,” said Christie. 

“Our commitment is to address housing affordability while promoting long-term well-being through supportive, integrated communities.”

Residents will enjoy access to resort-style amenities, including a rooftop pool, wellness spa, gymnasium, and recreation areas, as well as a large retail space available to the Palm Beach community on the ground level.

“The ground floor retail offering will be a game-changer for Palm Beach, bringing everyday convenience to the heart of the community whilst delivering streetscape renewal and activation.”

This latest project represents a significant step in Sherpa’s growth strategy, further strengthening the company’s footprint in Palm Beach, where it has successfully delivered three projects over the past three years with two more under construction, including the highly anticipated Flourish on Sixth and Perspective Nexus.

With a current workbook valued at over $1 billion, Sherpa Property Group is cementing its status as a significant player in the South East Queensland development landscape, with a growing portfolio of residential and mixed-use projects across the Gold Coast and beyond. 

Sherpa Property Group aim to launch Flourish Ovana later this year, pending council approval.