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Sherpa Group achieves 73% sell-out in first week of Brisbane debut

Market Insights
3 weeks ago
3 minutes

Gold Coast-based developer Sherpa Group has made an impressive entrance into the Brisbane market, achieving a 73% sellout of its $240 million Symphony development within just one week of its official launch.

The rapid sales reflect the strong pre-launch interest, which drew over 3,000 expressions of interest, underscoring the significant demand for affordable inner-Brisbane housing.

Located on a prime 1,366sqm site at 21-23 Cordelia Street, South Brisbane, Symphony is the latest addition to Sherpa’s well-regarded Flourish brand, known for its design-focused and fairly priced residential projects.

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Symphony is set to transform Brisbane. Learn more.

Marking Sherpa’s first Brisbane venture following a successful seven-year track record on the Gold Coast, the development will feature 138 premium apartments across 25 levels, including 25 residences priced under $1 million.

Symphony will offer a range of spacious one-, two-, and three-bedroom apartments, with prices starting from $655,000.

“The affordability that Symphony presents to residential property buyers has created a remarkable level of enquiry for what we believe is a standout project for the South Brisbane market,” said Sherpa Group founder Christie Leet.

“The Flourish brand has been highly successful for us on the Gold Coast, and it’s evident that Brisbane buyers are equally drawn by the quality and amenity that Symphony offers in one of the most vibrant inner-city locations.”

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Residences start from $655,000 for a one-bedroom configuration. Learn more. 

Sherpa Group has been among the most prolific developers on the Gold Coast in recent years, undertaking 15 projects since 2018.

The company has currently seven projects in Palm Beach, with four of them under the Flourish brand that is delivering affordable beachside luxury for one of the most undersupplied markets on the Gold Coast.

Symphony, which is positioned at the junction of South Bank, West End, and Fish Lane, is located in the heart of Brisbane’s entertainment, dining and leisure precinct. The location also offers exceptional walkability to QPAC, galleries, riverside parklands, the CBD, major universities, hospitals, and transport hubs.

“As our first development for the Brisbane market, we saw this precinct as a strategic location for Sherpa to deliver attainable housing in one of Brisbane’s most connected and culturally vibrant neighbourhoods,” said Mr Leet.

“Our vision for each project is always founded on a sense of community, which is why we have ensured that locals who already know and love this area were prioritised during the early release of Symphony residences.”

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Symphony features several amenities, including hot and cold plunge pools. Learn more.

Symphony has attracted strong interest from a range of buyers, including first-home buyers, downsizers, local owner-occupiers and investors.

Building on a solid reputation where 100 per cent of projects have been successfully delivered on the Gold Coast, Sherpa Group enlisted architectural firm HAL to design Symphony - envisaging an architectural gem with activated street frontage and an array of amenities to rival five-star resorts.

Symphony features an expansive rooftop wellness and recreation area spanning more than 1,400sqm across two levels, with all amenities designed to foster community, connection and wellbeing among residents.

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Residents will benefit from stunning CBD views. Learn more.

The rooftop sanctuary will comprise a heated pool, steam room, saunas, and hot and cold plunge pools; work from home spaces, private treatment room, pool deck cabanas and private outdoor BBQ areas; a private dining room and residents’ lounge; a fully equipped gym and yoga studio; and panoramic views of the Brisbane skyline and Mt Coot-tha.

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Symphony has already sold 73% of its stock, suggesting the demand for high-quality reasonably priced stock in Brisbane is sky-high. Learn more.

The five-star experience for residents begins from the very first step, with Symphony buyers given access to a full-time concierge service to provide off-the-plan assistance and construction updates; hard-hat tours during construction; and post-settlement move-in and appliance induction support.

To enquire or learn more about Symphony, click here