New Benchmark Apartments For Palm Beach Beachfront

The most luxurious apartments ever built on the Palm Beach beachfront have been unveiled to the market, with builder-developer 5Point Projects (5Point) unveiling its latest project Ophira.

The $60 million Ophira Palm Beach will see the creation of a limited number of ultra-luxury apartments on the beachfront near the Palm Beach Surf Life Saving Club.

It is the only absolute off the plan beachfront project currently ‘in market’ situated in the highly sought after Jefferson Lane precinct which has become the Gold Coast’s new “millionaire’s row”.

Ophira Palm Beach comprises just seven full-floor sky homes and a sprawling two-level penthouse with the offering catching the interest of local buyers well ahead of its release.

Backed by the experience of award-winning project builder-developer 5Point with a record of delivering multiple premium projects in the area, Ophira Palm Beach has garnered early interest from buyers who have been captivated by a design that epitomises private beachfront living at Palm Beach.

Each full-floor residence will comprise spacious living areas of between 290qm to 317sqm, including large open balconies and floor-to-ceiling glass windows to take advantage of spectacular ocean views.

Ophira’s two-level penthouse will deliver an expansive 637sqm of living space with four bedrooms, four bathrooms and its own private outdoor entertainment area featuring a pool, spa, sundeck, with teppanyaki bar, a sunken lounge and fire pit.

“We are salivating over delivering Ophira to the market because of its sublime absolute beachfront location over two blocks at a time when there just aren’t any beachfront sites in the market,” said 5Point director Damian Dove.

“There is also incredible demand in Palm Beach for luxury apartment living but just not the stock or the capacity to build.

“We are fortunate that we are in a position to build immediately and the inquiries for Ophira despite having little marketing attention until now has been quite remarkable.”

The project, marketed by Jamie Bourke and Dylan Molloy of ARC Project Marketing, presents a unique opportunity for downsizers looking for high-end product where there were very limited opportunities.

"Not only is there nothing like this in the market, but we have gone to extraordinary lengths to create a project that will be an absolute icon for the southern Gold Coast,” said Mr Molloy.

“5Point have infused Ophira with lavish coastal elegance, taking the best of beachfront living back to its roots with each of these residences offering the ultimate in privacy where homeowners can truly immerse themselves in this beautiful part of the Gold Coast.”

Through private entryways, Ophira’s exclusive collection of full-floor sky homes open to reveal a meticulously designed tranquil oasis featuring wine storage, a functioning scullery off the kitchen, three spacious bedrooms all fully ensuited with designer robes, plus study and a family/media room.

The expansive balcony overlooking the beachfront provides extended living that connects directly with the natural beauty of the Palm Beach foreshore, whilst offering captivating views to both Surfers Paradise and Coolangatta skylines.

Interiors are infused with natural products encompassing stone benchtops and tiles, polished lime render and oak timber highlighted via the abundance of natural light throughout imparting a glow that complements the exquisite décor.

“Ophira has been highly anticipated by the local market close to the cosmopolitan heart of Palm Beach, combined with its spacious living and the supreme privacy that this limited collection of residences offers, have already captured the imagination of buyers.”

“Ophira, has been designed for a discerning buyer, and we don’t shy away from that,” said Mr Dove.

Ophira Palm Beach residents will enjoy a sanctuary of calm with shared amenities on level one including an exclusive plunge pool and sun deck plus a communal garden which will be a focal point for relaxation and wellbeing.

Residences at Ophira Palm Beach start from $6.35M.