A boutique Gold Coast apartment tower proposal has been given the go-ahead in a beachside development hotspot—albeit with nine levels chopped off its original plans.
Gold Coast-based QNY Group and Melbourne’s Glenvill Developments are behind the Broadbeach proposal, which was lodged in May as a 24-storey tower with 19 full-floor apartments and two double-storey penthouses.
Revised plans approved by the Gold Coast City Council are for a 15-level building comprising 12 full-floor apartments and a double-storey lower-level “beach house” with street access.
Earmarked for a 511sq m site at 21 Broadbeach Boulevard, QNY Group put its foot on the parcel—at the end of a cul-de-sac fronting the beach—this year in a $10.1-million deal, equating to almost $20,000 a square metre.
QNY Group director Anthony Quinn said that through a collaborative process, its project team was able to address the council’s concerns regarding height, leading to “an outstanding design outcome”.
“Our team worked closely in consultation with council officers along with councillors to redesign the building to satisfy council’s initial concerns regarding height,” he said.
“The result is an even more bespoke residential offering that lends itself to the exclusive position.”
The block has direct access to the beach and Gold Coast Oceanway and an uninterrupted 240-360 degree view corridor.
Designed by Contreras Earl Architecture, each of the tower’s full-floor apartments include three bedrooms, three bathrooms and a study. Interiors have been designed by Plus Architecture.
The project is expected to be launched to market in early 2023 and construction is scheduled to start in July.
It is Glenvill Developments multi-residential project debut on the Gold Coast.
“The design outcome following negotiations with council is a truly boutique residential offering on arguably the best site in Broadbeach,” chief executive Len Warson said.
“There is significant demand from locals seeking out an opportunity to upgrade and interstate buyers seeking a safe, secure, and exclusive beachfront apartment offering.”
The corner development will replace Karoola, a two-storey walk-up block of units, and is near the Broadbeach Bowls Club around which a number of other apartment tower development applications have been filed.
Broadbeach remains one of Queensland development’s hotspots with an seemingly endless string of projects planned for the suburb.
The Urban Developer reported earlier this month that Brisbane-based Mosaic Property Group had taken its Marella apartment tower at Broadbeach back to the Gold Coast City Council to take the tower higher.
An amended plan was filed with the council to boost the number of storeys from 29 to 31 and increase the apartment-count from 96 to 99 apartments in the tower planned for the site at 146-148 Surf Parade.
Late last month, international developers Polycell Property Group was granted approval to build a $250-million high-end apartment project at the corner of Surf Parade and Britannia Avenue.
Article source: Queensland Property Investor