Sherpa Property Group partners with Coposit to sell remaining Palm Beach residences

In a move aimed at expanding access to premium coastal living, Gold Coast developer Sherpa Property Group has announced a strategic partnership with proptech platform Coposit to sell the remaining apartments at its $65 million Perspective Nexus in Palm Beach. 

This collaboration introduces Coposit’s innovative ‘deposit by instalments’ model to the market, allowing buyers to secure their dream apartment with no upfront full deposit.  The system offers an alternative pathway to property ownership, allowing purchases to commit to a smaller, more manageable initial deposit and make interest-free payments throughout the construction phase.

“Coposit is transforming the way Australians enter the property market by addressing affordability and accessibility challenges,” said Daniel Clake, general manager of Sherpa Property Group.

“We are excited to partner with them to help buyers take their first step towards owning a luxury residence at Perspective Nexus. 

“This partnership is an integral part of our vision to make luxury coastal living more attainable and to offer a flexible, innovative solution for prospective homeowners.” 

Located in the sought-after Palm Beach precinct, Perspective Nexus features 35 premium apartments, including two Penthouses and three two-level Skyhomes.

Spanning 1,583 square metres, the nine-storey development is poised to deliver breathtaking views overlooking the beautiful Palm Beach Parkland, guaranteeing an unparalleled level of luxury. 

Seamlessly blending lifestyle, location, and liveability, Perspective Nexus offers residents an exclusive collection of amenities, featuring a wellness centre showcasing a plunge pool, sauna, steam room, and spa with internal stairs leading to the resident’s private recreational area. This area will showcase a spa, pool, wellness garden, and a private dining area with an outdoor kitchen.

Additional conveniences include 79 parking spaces, electric car charging stations, individual apartment storage, a car wash bay, and parcel delivery storage with storage options. 

Coposit’s innovative payment system, which allows buyers to secure their property with a minimum deposit of just $15,000, is set to be a game-changer for the property market. Founded by entrepreneurs Chris and Dan Ferris, Coposit is reshaping the path to homeownership providing an accessible, flexible alternative to traditional home loan deposits. 

Led by builder LPS Group, construction on Perspective Nexus is now underway and on track for completion in Q3 2025.

To read more off-the-plan property news, click here.