Massive penthouse sale as beachfront tower unveiled

An artist impression of Kloud, which was set to be unveiled within days of selling the penthouse

An interstate buyer has splashed $9.1m on a luxury penthouse set to be unveiled within days as the scaffolding comes down on Palm Beach’s newest tower.

The bumper off-the-plan sale is the biggest deal inked for Graya’s beachfront Kloud project, the company’s first multiresidential offering on the Gold Coast.

Tennis ace Ash Barty is among other buyers in the 23-unit development, with the Wimbledon champion dropping close to $4m on a half-floor apartment.

The penthouse has an expansive rooftop entertaining terrace

Ash Barty has also purchased a unit in the tower as a holiday home for her young family.

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Graya director Rob Gray said just three units were still available within the 41.25m-high tower.

“These have just come to market as the scaffolding starts to come down to reveal the exterior design.

“Construction hit top-out just before the penthouse was launched to the market, leaving just the interior work to be completed,” Mr Gray said.

The penthouse was marketed by White Fox agent Nic Whitehead and sold within 15 days, with three offers received.

“Most of our buyers have been Queensland locals, but the penthouse sold to an interstate buyer looking to holiday in beautiful Palm Beach,” Mr Gray said.

Sophisticated coastal style

The tower has been developed and built by Graya

The 507 sqm penthouse spans two full floors, comprising a luxury living level and rooftop entertaining terrace with spectacular ocean views and resort-style amenities

“We wanted to capture the exclusivity of living sky high without sacrificing the experience of being barefoot on the sand,” said fellow Graya director, Andrew Gray.

“The penthouse achieves this through seamless transition from inside to outside spaces and the feeling of freedom and sophisticated comfort.”

The apartment has four bedrooms, a media room, and statement kitchen with an island dining bar with stunning fluted stone accents.

Statement kitchen has an island bar with stunning stone fluted accents

The building’s striking exterior brings new style to trendy Palm Beach

The private rooftop hosts a decadent indoor steam room, and a barbecue kitchen overlooking the alfresco terrace with dining area, lounging space, fire pit, spa and a pool with wading ledge.

Rob Gray said the residence set a new benchmark for high-end living on the beachfront, where boutique developers were scrambling to meet demand from cashed-up local and interstate apartment buyers.

Kloud was expected to be completed in November.

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