5POINT PROJECTS EXPANDS PRESENCE IN PALM BEACH WITH LAUNCH OF PALM SHORES

Building on its stellar reputation for delivering luxurious beachfront residences, Gold Coast developer 5Point Projects has unveiled its latest venture, the $80M Palm Shores at Palm Beach.

This new residential masterpiece will mark an exciting expansion for 5Point Projects, following the notable success of its Ophira apartments on the Jefferson Lane beachfront.

Located at 171-173 Jefferson Lane, Palm Shores will claim a prestigious 824sqm site with 20 meters of absolute beach frontage.

This coveted position allows for a collection of 16 exquisitely designed residences across nine levels, along with two exclusive beach homes, each crafted to offer the epitome of beachfront living.

Palm Shores is poised to continue 5Point’s legacy in ultra-luxury living in one of the Gold Coast’s most sought-after locations.

Damian Dove, Director of 5Point Projects, said Palm Shores would enhance Palm Beach’s reputation as a premier beachfront locale.

“Palm Shores is more than just a new project, it embodies our dedication to crafting the ultimate coastal lifestyle for the most discerning buyers,” said Mr Dove.

“We are excited by the remarkable growth of Palm Beach and are thrilled to contribute to its evolution. This project not only reflects our commitment to luxury but also our enthusiasm for the area’s dynamic future.”

In another Collaboration with the renowned Plus-Architects, Palm Shores will showcase a bespoke collection of residences featuring opulent interiors with natural stone and timber floors, complemented by high-end appliances and fixtures from world-class brands including Gaggenau and Brushed Bronze.

The development’s highlight will be the two-storey penthouses, each equipped with rooftop amenities including pools and entertainment areas, offering unrivalled luxury and panoramic views of the Gold Coast’s pristine coastline.

With construction set to begin shortly and completion anticipated for October 2026, Palm Shores has already attracted considerable interest from potential buyers.

“We are not merely constructing residences, we are creating an extraordinary lifestyle experience that integrates seamlessly with the unique charm of Palm Beach,” said Mr Dove.

“We are thrilled to bring this vision to fruition and continue to transform beachfront living in this iconic setting.”

Prices for Palm Shores start from $3.8 million.