- Brand new V&A Broadbeach development features 399 apartments over two towers
- Development boasts first-rate amenities, and premium commercial and retail space
- Colliers' Director David Higgins expects strong interest from interstate and overseas buyers
Sydney-headquartered real estate developer Iris Capital has unveiled a look at their latest $800 million development, Victoria and Albert Broadbeach.
The Gold Coast development, also referred to as V&A Broadbeach, features two twin towers located in the coastal suburb of Broadbeach.
The two individually crafted towers,designed by the award-winning architects at DBI, stand against the city’s stunning horizon at 56 and 40 storeys tall.
Towers feature residential, commercial and retail space
The aptly named towers rise on the current side of Niecon Plaza and extend from Broadbeach Mall at Victoria Avenue to Albert Street.
The development features 399 brand new apartments, in addition to a multitude of high-end retail and commercial spaces.
The east-facing tower, Albert, will be exclusively reserved for owner-occupiers, boasting sweeping ocean views.
Victoria, the west tower, is open to investors and holiday makers alike to rent out or keep as a vacation home.
The towers will each feature their own dedicated lobby entry, and two levels of commercial and retail space with elevated ceilings to capture a luxury essence.
Exclusive access to world-class amenities
Residents of V&A Broadbeach will be granted exclusive access to a range of world-class amenities, including a 25-metre lap pool, a fully equipped gym, a yoga deck and a resident’s lounge.
Other unique shared features include a zen garden, an outdoor dining area with barbecue facilities and lush landscaping.
Residents of the east tower also have access to a private boutique resident’s lounge, in addition to a double beach shower and surfboard storage facilities to take full advantage of the beach-side lifestyle.
All premium apartments are provided ample bike storage and apartment storage, while the remaining apartments have been granted above bonnet storage where possible.
Each tower is topped by two exclusive penthouses, while a range of three and four-bedroom residences are available in the upper residences. The remaining apartments will offer a variety of one, two or three-bedroom options.
Prime locations draws varied buyer types
DBI Director Raith Anderson explained apartments will begin from the fifth floor of each tower, to enhance view corridors for the residences located on the lower levels.
“While there is a diversity of apartments in our design, V&A Broadbeach firmly embraces the principle of creating larger residences to deliver lifestyle amenities for residents,” he said.
Colliers’ Director Residential David Higgins acknowledged that while the towers are in proximity to the best amenities of Broadbeach, the spacious residences combined with supporting facilities makes the development a standout.
“Everything is at your fingertips if you choose, or you can remain at home to enjoy the benefits of supreme privacy, a beautiful outlook and unparalleled amenities.”
David Higgins, Colliers
The Gold Coast apartment market has recently been saturated by local downsizers, although Mr Higgins believes V&A Broadbeach will have a strong attraction point for interstate buyers and investors.
“The mature buyer has been the big demographic shift on the Gold Coast, moving to owner occupiers seeking larger, well-appointed apartments in village locations close to the beach, transport and lifestyle amenity and this sums up the positioning of V&A Broadbeach in the current market,” he said.
Mr Higgins added that although the development was designed to appeal to Broadbeach family buyers from Brisbane, Sydney and Melbourne, he has witnessed considerable interest from owners of existing Broadbeach apartments who lend their homes as holiday rentals.
“The west tower provides these buyers with many options, including the opportunity for strong holiday rental market income and personal use during major holiday periods for them and their families,” Mr Higgins concluded.
