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Yves, Mermaid Beach’s latest luxury landmark, reaches 50% sell out in only two months

Market Insights
1 month ago
2 minutes

Buyers have continued to make a rush at the latest luxury landmark to arrive in Mermaid Beach with Hirsch & Faigen’s Yves notching its way over the 50% sold mark after only a couple of months on the market as the developer makes its move toward a May construction start following the project’s stellar launch.

It’s been a phenomenon driven by local buyers, with a vast majority of Yves purchasers coming from within a 50 km radius of Mermaid Beach. 

“Many of these buyers are local downsizers, and even some local first home buyers, all of which have been enticed by Yves proximity to key amenities including the beachfront, Pacific Fair, the Gold Coast Highway and Broadbeach, while remaining secluded in its own private pocket,” said Hirsch & Faigen's QLD Sales Manager, Alex Jokovich.  

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“I think the locality of buyers we’ve welcomed is a huge testament to Yves’ appeal to discerning locals who have a deep appreciation and understanding of the project’s positioning in one of the coasts’ most coveted residential addresses.” 

Designed by Rothelowman, Yves will rise 26 levels at 7-9 Mermaid Avenue and comprise 145 luxury apartments contained in an elegant, sweeping tower. “As with each of our Gold Coast projects, we wanted to create something that differentiated itself from the market. I think the sales we’ve achieved to date are a strong indication that our aptitude for quality design and remarkable architecture are resonating with buyers,” said Hirsch & Faigen Director, Daniel Faigen. 

Prices for remaining luxury Yves apartments range from $875,000 to $2.495 million and buyers can still get their hands on a limited collection of one, two, and three-bedroom apartments. 

Yves’ ultra-exclusive penthouse collection remains up for grabs, offering a rare opportunity to reside in 335sqm of sky-high opulence in one of the Gold Coast’s most prestigious dress circle enclaves. Prices for the penthouse collection range from $4.25 million to $5.5 million. 

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The brief shelf life of Hirsch & Faigen product has become a family narrative across the coast after the developer notched successive sell-outs in its first two forays onto the Gold Coast – in Hemingway Palm Beach and Emerson Kirra

“Given the rate with which apartments have been purchased to date, we expect the remaining apartments to sell out fast,” said Mr Jokovich. Yves’ lavish residential collection will be elevated by an indulgent suite of residents’ only amenities complete with a 20m lap pool, children’s garden, fully equipped gym and yoga studio, wellness spa and sauna as well as a private rooftop sky lounge and wine bar. For more information on Yves, click here. 

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