cabana-facade-landscape

Discover unparalleled paradisal living at Cabana – overlooking the pristine waters of Palm Beach

Market Insights
3 years ago
3 minutes

An exclusive collective of only 34 apartments boasting absolute beach-frontage, Cabana is perfectly positioned on the sand – designed to offer style, sophistication and an incredible lifestyle.

The breathtaking residences available at Cabana are already over 70% sold, with this massive percentage of apartments having been secured on the highly anticipated launch weekend alone. This indicates the high level of interest from local downsizers and interstate buyers seeking the superior weather, unbeatable quality and life and close proximity to amazing natural beauty and established local amenity that is available to them in Palm Beach.

article-image

Meticulously developed by Ignite Projects – a developer known for their ongoing success in bringing high-end, luxury developments to the Gold Coast – Cabana is redefining apartment living in this highly sought-after locale. Managing director of Ignite Projects, Josh Foote, says he anticipates Cabana will sell out in the coming weeks.

“We knew Palm Beach was hot property but the overwhelming demand has exceeded our expectations,” he said.

article-image

“There’s a lot of positive energy around the Gold Coast market. People can see the region has performed well over the past year and are optimistic about the future. Our purchasers have been Palm Beach locals who are downsizing and have been waiting patiently for a fantastic beachfront project to appear, as well as Brisbane buyers who are making a change from the city to the beach.”

“Interstate buyers see a $2 million, three bedroom apartment right on the beach with a full complement of amenities as incredible value, and are buying now in anticipation of potential capital growth. Our buyers also appreciate that Cabana is exclusively a residential building, with no short term rentals.”

“The start of construction on Cabana will be brought forward to reflect the early sales success.”

article-image

This sentiment is echoed by Andrew Erwin of NPA Projects, who is running the incredibly successful marketing for Cabana, which has led to Cabana being one of the most successful boutique beachfront project debuts the Gold Coast has seen in recent years.

“The buyer interest is phenomenal but not unexpected. The people who have bought into Cabana have done so after a lot of research and consideration of what is available on the market,” he said. “We had 60 groups through our new on site display on Boxing Day, when the project was officially launched, and we have been busy every day since.”

“Our buyers know genuine quality when they see it. Too many projects are branded as luxury and fail to live up to that label, but Cabana is different. It offers the perfect pairing of a true absolute beachfront location just metres from the sand dunes and a high quality design, with each residence boasting three bedrooms, a multi-purpose room and an expansive open plan living area and balcony taking in coastal views.”

article-image

“There’s also the lifestyle drawcard, with Cabana featuring a unique Caribbean resort-style residents’ club, complete with a pool with sunken loungers, cotton draped cabanas, entertaining areas, a surfboard rack and beach showers.”

“Cabana’s location opposite the Palm Beach artificial reef has made it popular with surfers, but it has equally appealed to those looking for a holiday lifestyle in one of the Gold Coast’s most sought-after coastal suburbs,” he continues.

The immense quality that abounds in each light-filled apartment is matched by the incredible nearby offering of local amenity. Boasting a plethora of cafes and restaurants, retail outlets, community facilities and stunning beaches, life at Cabana will be vibrant and fulfilling. Located a mere 10 minutes’ drive north of the border to New South Wales, the Pacific Motorway provides an easy connection to Surfers Paradise and further north to Brisbane.

For more information on how you can secure one of the stunning residences at Cabana, click here.