Developer files plans for Gold Coast ‘ultra high-end’ $100 million residential Broadbeach tower

AN AGEING two-storey unit block will be replaced by a $100 million, 54-storey ‘ultra high-end’ luxury tower with an incredible number of units that its developers hope will become a celebrity hotspot.

THIS $100 million luxury tower is about to become the tallest highrise in Broadbeach.

The 54-storey Class Broadbeach is planned for a 756sq m site on the corner of Charles Ave and Old Burleigh Road and will have just 46 “ultra high-end” units.

Replacing the two-level Kurrawa Lodge, the tower will feature 34 full-floor three-bedroom units, a three-level penthouse, five two-floor skyhomes and six two-bedroom apartments.

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The 54-storey Class Broadbeach development.

“When people like Elon Musk come to the Gold Coast they stay at Oracle. Maybe in the future they will stay at Class Broadbeach,” said Brisbane real estate figure John Kubatov, spokesman for the developer Broadbeach Joint Venture.

“Our target is the high-end market and these will be 375sq m units in the heart of Broadbeach.

“Broadbeach is a place which fuses the nature of the parklands and the beach with the amenities of restaurants and cafes.

“Kurrawa Lodge is an old two-level complex and our vision is for this to be a world-class building in a very prominent location.”

A development application for the project was this week filed with the Gold Coast City Council by the developer, a Brisbane-registered company.

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The tower’s podium.

The project will be considered by the council’s planning committee later this year.

Mr Kubatov insisted the developer had no interest in selling the site once approval was granted, saying “we are going to build”.

He said more than $7 million had been spent over the past three years securing the seven units in the Kurrawa Lodge building to allow the tower to proceed.

Once complete, the tower would become the Gold Coast’s sixth tallest, based on currently complete buildings. However, its position would change following the completion of the 89-storey Spirit tower in 2020.

Class was designed by Palm Beach firm RH Frankland and Associates and would eclipse the beachfront view of the neighbouring Oracle beach tower.

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The tower would be the latest proposed for Broadbeach.

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According to plans filed with the council, the tower will be divided into four residential precincts — the podium, lowrise, highrise and skyrise, reflecting the size of the units.

Other features of the proposed development are a ground-floor bar and restaurant, with the “grand concierge” foyer to feature a “green living wall” and water features.

The building will also have pools, saunas, a gym, bars, offices and “relaxation zones”.

The site currently has approval for a 17-storey tower.

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The Star recently unveiled its masterplan featuring several high-end towers.

Council planning boss Cr Cameron Caldwell welcomed the project and said it was the latest in a series of high-level developments planned for Broadbeach.

“In recent years we have seen a renewed and strong interest in Broadbeach from the market and this has led to a significant amount of activity.

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“There remains a significant amount activity planned for this suburb as well as that which is currently underway.

“With so much activity taking place, the Gold Coast market remains strong in the post-Commonwealth Games period.”

Among the major projects planned for Broadbeach are The Star’s proposed 53-storey, $400 million tower, where work will start in July, and Little Project’s $200 million Signature, which is at market and construction expected to begin within a year.