Sydney couple pays $15.5m for La Belle penthouse, Palm Beach

The buyers are relocating from Sydney to live in the home permanently, the outlet reports. It does not name them, and neither do we.

See also: Central Equity and Palmera, $400m in sales.

The numbers

Apartments.com.au describes a single-level residence of 640 sqm, split between 510 sqm inside and a 130 sqm balcony. The home has five bedrooms, every one with its own ensuite, plus a private cinema, an executive office and a wine display.

The outlet puts the value of the La Belle project at $285 million and says completion is due by Christmas 2026. The project listing page on the same site names Marquee Development Partners as developer and describes a 14-floor building with 75 residences, designed by Cottee Parker and BDA Architecture. Three-bedroom homes are listed from $3,150,000, so the penthouse sits well above the rest of the range on the published figures. The listing page gives no penthouse size, layout or price.

What’s next

La Belle is estimated for completion in late 2026, per the listing page, and the outlet reports the same Christmas 2026 target. The outlet describes the sale as off the plan.

Apartments.com.au also reports that Marquee has secured another beachfront site in northern Palm Beach, with a launch planned for early 2027. The outlet says apartments there will range from 190 to 300 sqm and that pre-registrations are open.

Marquee’s Winterburn is quoted in the report saying of the southern Gold Coast: “On space, beach access and lifestyle, this wins.”