Bassar Group Wins Approval for Gold Coast Skyscraper


Sydney-based builder and developer Bassar Group has received approval for its 40-storey “Infinity Tower” at Broadbeach on the Gold Coast.

The proposed site, on the corner of Surf Parade and George Avenue, is the amalgamation of two sites purchased in mid-2017 for $7 million.

When realised, the tower will comprise 194 bedrooms across 61 apartments with 105 on-site car parks, 82 bicycle parks and ground floor retail space.

The development application, which was submitted to the Gold Coast City Council mid-2018 has now been approved with no changes.

The tower will now replace two existing two-storey unit buildings which date back to the 1960s.

Related: Maturing Gold Coast Apartment Market No Longer ‘Boom and Bust’

Bassar Group's 40-storey "infinity" tower will join a slew of other projects under construction in Broadbeach.
Bassar Group's 40-storey "infinity" tower will join a slew of other projects under construction in Broadbeach.

The project, designed by Malaysian-Australian architecture firm BDA, will sit within close proximity to the Casino precinct, Pacific Fair and the Broadbeach light rail station.

Construction for the 123-metre-tower is scheduled to commence in August.

The Gold Coast has experienced a wave of new development applications over the recent months.

In December, Sunland Group lodged plans for a 16-level boutique apartment project in Labrador while ASX-listed ASF Group submitted plans for 50 luxury residential units across 31-storeys at Surfers Paradise.

A number of projects have also launched including Marquee Development Partners $35 million boutique residential development at Chevron Island as well as Sunland Group's $250 million high-rise development on Hedges Avenue in Mermaid Beach.

Melbourne-based developer Optimus Developments has also kicked off construction on its $65 million luxury residential development at Broadbeach while Western Australian developer Pindan has launched its first Gold Coast project to market at Mermaid Beach.

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