Ocean front, panoramic views and expansive, full-floor apartments will soon offer the best of luxury living on the Gold Coast, as construction at the $65 million high-end 31 Broadbeach soars to new heights.
The apartment building which has now officially reached its peak, has gained strong interest from downsizers and mature families with 17 out of 22 apartments already sold — the most recent sale being last week.
The sod was turned on 31 Broadbeach in November 2018 to cater for the growing demand of people choosing to downsize from a home to a high end apartment, without compromising on space or lifestyle.
Award winning builder McNab has been selected to build the 20-storey, 22 residence development.
McNab Gold Coast Manager Mark Jewell said a project of this calibre has been good news for the Gold Coast economy with 90 per cent of the subcontractors and suppliers involved being local.
“We all live and work on the Gold Coast, so as a local we’re passionate about supporting other quality local businesses on the coast. Just on this one project we have approximately 60 workers on site each day with over 100 workers onsite at peak times” Mr Jewell said.
31 Broadbeach has been carefully designed to capture the essence of the Broadbeach lifestyle, in a collaboration between two of Australia’s most influential design studios — Woods Bagot Architects and Carr Design.
“It is certainly a pleasure working with world-class architectural designers to help them turn their cutting-edge, innovative vision into reality,” Mr Jewell said.
“This building is uniquely positioned in one of the most liveable parts of the Gold Coast — literally 20 metres from the pristine, sandy beach and less than 10 minutes from the Gold Coast CBD — and the designers made sure it looked the part.
“Our team has now reached the top level and visitors are also able to view the display unit to experience 31 Broadbeach living for themselves.”
Optimus Developments Alex Windsor said they are confident there will be a surge in people wanting to buy the five remaining apartments before construction completes mid-year, they are experiencing renewed serious interest now the display apartment is open for viewing and the development is not far from completion.
“We have no doubt that with the display unit providing a sneak peak of what is on offer and the building now topping out, the level of interest will continue to increase to secure one of the remaining homes,” said Mr Windsor.
“It’s getting increasingly difficult to find a beachfront home on the Gold Coast and many of our buyers are looking to downsize and reduce ongoing maintenance, so apartment living is very appealing.
“In addition to local buyers, we have those from Sydney, Melbourne and Brisbane looking for a lifestyle change — their priority is having the beach on their doorstep without compromising on space. Many have grown-up children and love that the apartments are big enough for them to visit without impacting too much on their day-to-day lives.”
The opportunity for 31 Broadbeach to deliver a new benchmark in luxury apartments on the Gold Coast was first identified by development partners Trenert.
Trenert Managing Director Peter Priest said his team had recognised the potential of the site and used their expertise to secure an additional six levels to the previous approval.
“Our partnership with Optimus, as well as our team’s existing relationships with Woods Bagot, Carr Design and McNab have ensured a level of design, construction and finish not previously seen on the Gold Coast,” Mr Priest said.
Mr Windsor said the remaining 2-bedroom apartments started from $1.415 million and the full-floor, 280sqm residences — which have three bedrooms, three bathrooms, a study and large verandas — started from $3.605 million.
“The ground floor beach house with a private pool and courtyard is still available, at $2.885 million, and of course all apartments have the benefit of the prime location and spectacular beach views,” Mr Windsor said.
The new display apartment onsite is available to inspect by appointment.
McNab is currently building eight projects on the Gold Coast, which include a major vertical retirement village, multiple apartment buildings, as well as a diverse range of commercial, industrial and food projects.
The builder has constructed some of the most awarded developments in Queensland including 2019 Best High Density Development in Queensland over 10 storeys (UDIA) and 2019 Best Tourism and Leisure Facility over $10m at the Gold Coast (Master Builders Queensland).
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Established in 2014, Optimus Developments is one of Australia’s fastest growing property groups. Optimus Developments has a fresh, international perspective, true local knowledge and a broad and trusted contact base of true property experts which means we are well placed to seek out and secure the best commercial ventures. Our property portfolio currently sees us working across four Australian cities – Melbourne, Sydney, Canberra and the Gold Coast. We have delivered a wide range of residential projects including CBD apartment towers, boutique urban sites, true beachfront luxury, townhouses as well as greenfield subdivisions of varying density and continue to seek out commercial, industrial and mixed-use opportunities with suitable joint venture partnerships with experienced groups to deliver quality developments. Our invested and open approach continues to generate exceptional results and long-lasting relationships.
McNab is a design and construction company which specialises in projects valued between $5m to over $100m, with more than 85% of all work sourced through repeat clients and referrals. Starting in Toowoomba in 1996, McNab expanded to include offices in Brisbane, Gold Coast and the Sunshine Coast. The Gold Coast office has grown to employ over 60 local team members with McNab employing over 300 staff across South East Queensland. McNab was recently listed #36 on the 2019 AFR Top 500 Private Companies in Queensland.