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Sherpa Group's $68 million Flourish Oasis: set to transform Palm Beach on the Gold Coast

Market Insights
16 hours ago
2 minutes

Gold Coast developer Sherpa Group has officially launched Flourish Oasis, a $68 million boutique residential development that marks the next chapter in its Flourish portfolio and reinforces the group’s commitment to transforming Palm Beach. 

Flourish Oasis will deliver 47 corner apartments, in two-and three-bedroom layouts filled with natural light, catering to local downsizers and families who are seeking an elevated lifestyle.

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Florish Oasis is set to deliver 47 apartments, focusing on natural light and lifestyle. 

“We are thrilled to have launched Flourish Oasis, marking the launch of our second Flourish project in Palm Beach,” said Christie Leet, founder of Sherpa Group.

“Oasis will be a more boutique building with protected ocean views to the north, which is extremely rare in Palm Beach.” 

“It’s amazing to see Oasis resonate with so many, having already received a strong pre-launch inquiry, with 600 people already on the waitlist,” he said.

Palm Beach is undergoing a period of transformation, of new projects. 

As the suburb is needing more than triple its supply to meet the growing demand.

A recent report from Urbis highlighted that the Palm Beach catchment will require 382 new dwellings each year to cater to the population growth but estimates that only 119 new apartments are currently available across the southern coastal area.

8 per cent of them located at Palm Beach, pushing prices up to an average weighted sale price of $2.25 million.

Sherpa Group, has quickly become the most active developer in Palm Beach, with more than $42 million invested into four sites over the past 12 months under the Flourish brand, including Amargo, Ovana, and the just-launched Oasis.

“Our Flourish brand has been created to deliver design-led lifestyle-focused apartments, catered to locals who have struggled to enter or stay in the Palm Beach market,” said Christine.

“Oasis will continue the strong momentum of Amargo, delivering new energy into Palm Beach, providing homes that seamlessly blend comfort and sophistication, whilst building a community that can thrive.”

Residents will have access to premium roof-top amenities with sweeping beach views, including a pool, gym, barbecue facilities, sauna, steam room, hot and cold plunges and spa, ensuring a lifestyle like no other.

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Residents have access to premium amenities like a pool and spa. 

“Oasis is designed to offer a refined residential experience, as we want the Flourish brand to appeal to a wide demographic, creating a multi generational community that has the ability to support one another,” said Christine.

Sherpa Group have undertaken 16 projects on the Gold Coast since 2018, with the launch of Oasis, following closely behind the group’s successful debut in Brisbane with Symphony, which has secured a 73% sell-out, within one week of launching. reinforcing its reputation as a leading and trusted developer.

With construction expected to commence on Oasis in January 2026 by LPS Group, completion is slated for late 2027.

For more off-the-plan property news, click here.