Why this rare beachside apartment development is an investor’s dream

AT A GLANCE: 

• Developer: Ignite Projects
• Architect: Plus Architecture
• Address: 188 Jefferson Lane, Palm Beach, QLD
• No. of Residences: 56
• Estimated Completion Date: July 2027

Opportunities to buy into Palm Beach’s prestigious Jefferson Lane are few and far between, making Retreat Palm Beach a standout for buyers who want more than just a home by the sea.

With only 56 residences on offer, this boutique development by award-winning developer Ignite Projects brings together a scarce beachside address, sought-after wellness amenities, and the flexibility of short-term letting.

For lifestyle investors, it represents the best of both worlds: a personal coastal getaway with the potential for strong holiday rental returns.

A prime address

According to Australian Property Investor Magazine’s Q2 2025 Property Sentiment Report, “Queensland continues to be the state viewed as the best for property investment prospects, with more than double the number of respondents compared to the closely bunched chasing pack comprising New South Wales, Victoria, and Western Australia.”

With Retreat’s rare positioning on Palm Beach, its balance of natural beauty and urban convenience is a winning formula.

Situated at 188 Jefferson Lane, one of the Gold Coast’s most tightly held beachside strips, Retreat offers a front-row seat to one of Queensland’s fastest-rising suburbs.

Residents are just steps from the sand and moments from Palm Beach’s buzzing café scene, award-winning dining, and boutique shops, while Gold Coast Airport and John Flynn Private Hospital are only a 10-minute drive away.

Wellness that boosts lifestyle, and returns

Today’s buyers increasingly seek homes that support wellbeing, and Retreat’s project team recognises that, with a suite of first-class amenities designed by Plus Architecture.

The ground-floor communal space is envisioned as a Mediterranean-inspired day spa, complete with a heated pool and spa, cold plunge, infrared sauna, well-equipped gym, alfresco dining and BBQ areas, and lush tropical gardens.

The added convenience of communal e-bikes and a digital concierge system is a coveted lifestyle perk, ensuring that short-term guests’ modern holiday expectations are catered to.

Flexible investment potential

Retreat’s model is tailored to those seeking lifestyle perfection, whether owner-occupiers or investors. Here, you can use your residence as a private holiday home throughout the year, then unlock income potential through short-term letting when it’s not in use.

With a limited supply of new beachside developments in Palm Beach and strong ongoing demand for premium holiday rentals, Retreat is well-positioned for healthy occupancy rates and long-term capital growth, with short-term letting approval and gross yields of up to 7%.

Ignite Projects’ Cabana development, just 800m from Retreat, experienced up to 64% capital growth between off-the-plan sales and resale – a strong indicator of the potential in this location.

“It’s a rare beachside opportunity that prioritises wellness, privacy, and a genuine sense of retreat, something we believe the market is really craving right now,” said Josh Foote, director of Ignite Projects.

Andrew Erwin, CEO of NPA, supports the above sentiment, saying, “Retreat Palm Beach responds perfectly to what we know buyers want – boutique scale, absolute quality, and a lifestyle that’s both elevated and effortless.

“The demand for premium beachside residences in Palm Beach continues to grow, but supply remains incredibly limited, especially for people looking for a holiday home investment.

“Retreat offers a rare opportunity for buyers to secure a future-forward residence in one of the Gold Coast’s most tightly held locations.

“Whether it’s a downsizer looking for low-maintenance luxury or a lifestyle investor wanting flexible holiday income, this project ticks all the right boxes.”

Confidence in a proven developer

Ignite Projects has established a reputation for delivering some of the Gold Coast’s most sought-after residences. Their Cabana Palm Beach project was recognised with two major awards in 2023, including UDIA Queensland’s Excellence in Mid-Rise Apartments, while The Monaco at Main Beach is a finalist for The Urban Developer’s Development of the Year.

They bring their award-winning expertise to Retreat, where residents can escape the everyday to unwind, rejuvenate, and relax in opulent comfort.

Construction on Retreat is expected to begin this October, with demolition on-site to commence this September. Completion is scheduled for July 2027.

Two- and three-bedroom residences are selling, priced from $1.35 million for a two-bedroom, two-bathroom, and one-car park apartment.

Click here to learn more or to enquire about Retreat.