In this article8 sections
Cypress Palms at a glance
Cypress Palms is Meriton's twin tower project at 3-7 Cypress Avenue, Surfers Paradise, designed by DBI Architects. The two towers rise 76 and 90 storeys from a full island block bounded by Cypress Avenue, Palm Avenue, Surfers Paradise Boulevard and Ferny Avenue, which places them among the tallest residential buildings in Queensland. Meriton is both the developer and the builder, and completion is expected in late 2028 to 2029.
The collection spans one to four bedrooms, with prices starting from $815,000 for a one-bedroom residence. This guide sets out pricing for each configuration, the resident facilities, the location, and the questions buyers most often ask before committing to an off-the-plan purchase. For live availability and every floorplan, visit the Cypress Palms project page.
Cypress Palms pricing and floor plans
Meriton's current price list opens at $815,000. The schedule below shows the starting price for each configuration, updated from our Cypress Palms listing. Within each type, the level, aspect and outlook of the residence set the final price.
Bed / bath / car 1 / 1 / 1Area 60 to 79m²
Bed / bath / car 2 / 2 / 1Area 89 to 120m²
Bed / bath / car 2 / 2 / 1Area 95 to 124m²
Bed / bath / car 3 / 2 / 2Area 118 to 132m²
Bed / bath / car 4 / 3 / 2Area 201 to 213m²
| Configuration | Bed / bath / car | Area | From |
|---|---|---|---|
| 1 bedroom | 1 / 1 / 1 | 60 to 79m² | $815,000 |
| 2 bedroom | 2 / 2 / 1 | 89 to 120m² | $1,122,000 |
| 2 bedroom | 2 / 2 / 1 | 95 to 124m² | $1,302,000 |
| 3 bedroom | 3 / 2 / 2 | 118 to 132m² | $1,543,000 |
| 4 bedroom | 4 / 3 / 2 | 201 to 213m² | $2,305,000 |
Internal areas range from 60m² in the most compact one-bedroom layouts to 213m² in the largest four-bedroom residences. One and two-bedroom residences come with one car space, while three and four-bedroom residences come with two.
Body corporate levies are estimated from $950 per quarter. Levies for an off-the-plan building are estimates until the body corporate is established, and the figure for each lot is set out in its disclosure statement, so confirm the amount for the residence you are considering.
Every floorplan is available on the Cypress Palms listing, together with the levels currently released.
Inside the residences
Layouts are open plan, with living and dining areas opening directly onto sheltered balconies. Full-height acoustic glazing runs around the perimeter, bringing in natural light while keeping the city sound outside. Depending on level and aspect, outlooks take in the Pacific Ocean, the channels of the Nerang River and the hinterland ranges to the west.
From the street, the towers are defined by sculptural glass facades joined by an illuminated golden vertical spine, rising from a cascading eight-level subtropical podium. The landscaped upper podium on Levels 8 and 9 holds the main resident facilities, set well above the activity of the streets below.
At the top of the range, the four-bedroom residences offer between 201 and 213m² of internal space with three bathrooms and two car spaces. That is the floor area of a generous family house, with the outlook and services of a high-rise apartment.
Buyers choose from four interior schemes. Kitchens are finished in Cosentino Dekton and Caesarstone, with polyurethane joinery and a full suite of integrated FRANKE gas appliances. Bathrooms and ensuites pair marble-look porcelain tiles with frameless walk-in showers, freestanding baths and wall-hung mirrored vanities with brushed brass fittings.
Resident facilities on two levels
Levels 8 and 9 form a landscaped subtropical podium. Its centrepiece is a cascading lagoon pool of more than 350 square metres, surrounded by an open-air heated spa, daybed lounges set into the water and covered barbecue pavilions.
Level 32 is given over to wellness, with a 20-metre heated indoor lap pool, a cedar sauna, a spa and a fully equipped gym. Because the lap pool is indoors and heated, it can be used in every season.
At street level, an open-air dining and retail promenade wraps the building. It includes a full-line national supermarket and cafes, so the weekly shop is a lift ride away.
Location and getting around
Cypress Palms sits at the northern end of central Surfers Paradise, between the beach and the Nerang River. These are measured distances from the site:
- Surfers Paradise Beach: 300m · 4 min walk
- Cypress Avenue G:link light rail station: 300m · 4 min walk
- Cavill Avenue G:link light rail station: 300m · 4 min walk
- Cavill Lane and Paradise Centre dining: 400m · 5 min walk
- Thomas Drive village, Chevron Island: 400m · 5 min walk
- HOTA, Home of the Arts: 1.2km · 3 min drive
- Surfers Paradise State School: 1.7km · 3 min drive
- The Southport School: 2.0km · 4 min drive
- Australia Fair Shopping Centre: 3.6km · 6 min drive
- Pindara Private Hospital: 3.6km · 6 min drive
The G:link light rail runs south to Broadbeach and north through Southport to Helensvale, where it meets the heavy rail line to Brisbane. For more on living in the suburb, read our guide to residential Surfers Paradise.
Buying off the plan at Cypress Palms
Cypress Palms is sold off the plan, and settlement falls due when the building is complete. Buying at this stage means securing the current price and choosing from the full range of levels, aspects and floorplans while they remain available.
Meriton Property Finance is offering a 4.75% fixed interest rate for two years at up to 90% LVR on eligible purchases. The offer is subject to Meriton's lending criteria and terms, so compare it with the options from your own lender or broker.
Queensland off-the-plan contracts come with statutory disclosure and a cooling-off period. Our guide to cooling-off rights for off-the-plan purchases explains how they work, and buyers from overseas can start with our FIRB guide to off-the-plan property.
Meriton's Surfers Paradise sales suite is at 152 The Esplanade and is open daily from 10am to 5pm.
Cypress Palms and Iconica compared
Meriton is also building Iconica on The Esplanade, a short distance south, with prices from $1,421,000. Cypress Palms opens at a lower price, from $815,000, and pairs its resort facilities with a supermarket in the building and two light rail stations within a four-minute walk. Iconica offers an absolute beachfront address. Our Iconica review covers that project in detail.
To compare current availability across both towers, or to arrange a time at the sales suite, speak with our property specialists.
More developments on the Gold Coast
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39 Peerless
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18 Mary Avenue
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Greenmount Residences
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The Eveleigh
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Frequently Asked Questions
How much are apartments at Cypress Palms?
Prices start from $815,000 for a one-bedroom residence of 60 to 79m². Two-bedroom residences start from $1,122,000, three-bedroom residences from $1,543,000 and four-bedroom residences from $2,305,000. Within each type, the level, aspect and outlook set the final price, and current availability is listed on the Cypress Palms project page.
When will Cypress Palms be completed?
Completion is expected in late 2028 to 2029. Meriton is both the developer and the builder of the project. As an off-the-plan purchase, settlement falls due once the building is complete, and your contract sets out the sunset date along with the protections that apply if construction extends beyond it.
What are the body corporate fees at Cypress Palms?
Body corporate levies are estimated from $950 per quarter. The levies fund the shared facilities, including the podium lagoon pool, the Level 32 wellness floor and building services. Final levies are confirmed in the disclosure statement for each lot, so check the figure for the specific residence you are considering.
How far is Cypress Palms from the beach and light rail?
Surfers Paradise Beach is 300m away, about a four-minute walk. The Cypress Avenue and Cavill Avenue G:link light rail stations are each around 300m from the site, with services south to Broadbeach and north to Southport and Helensvale, where the line connects with heavy rail to Brisbane.
What facilities will Cypress Palms residents have?
Levels 8 and 9 hold a landscaped podium with a cascading lagoon pool of more than 350 square metres, an open-air heated spa, water daybeds and barbecue pavilions. Level 32 has a 20-metre heated indoor lap pool, a cedar sauna, a spa and a gym, and the ground floor includes a full-line supermarket and cafes.
Can foreign buyers purchase at Cypress Palms?
Yes. Foreign buyers can generally purchase new dwellings such as Cypress Palms once they have Foreign Investment Review Board approval. Queensland also charges additional foreign acquirer duty, which should be included in your total purchase costs. Our FIRB guide explains the approval process and the fees involved before you sign a contract.
Talk to Jayden about Cypress Palms
For private inspections & further information
Jayden Barta
Director & Property Specialist
BARTA Property
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General Advice Warning: The information provided in this publication is for general educational commentary only and does not constitute financial, taxation, legal, or investment advice. BARTA Property is not an Australian Financial Services Licensee or registered tax agent. Readers must seek independent professional advice from a licensed financial adviser, qualified accountant, or legal practitioner tailored to their personal financial circumstances before making any investment or purchasing decisions. Property investment involves risks, including potential loss of capital.
