Developer Green Lit for North Burleigh Apartment Tower

Veteran developer David Devine will break ground on a $100-million apartment tower at the northern end of Burleigh Heads after securing planning approval.

Devine, who co-founded listed developer Devine Development Group and Metro Property Development, plans to build a boutique apartment project to cater to growing demand for wealthy downsizers and those seeking high-end holiday homes.

The slender tower, to be called Alba Residences, is planned for a 1000sq m site at 264 The Esplanade—adjacent to the North Burleigh Surf Life Saving Club. It will replace an ageing three-storey walk-up building.

The approved Bureau Proberts-designed project has been scaled back from earlier plans lodged in early 2021 to construct a 21-storey tower. 

The City of Gold Coast approved the 19-storey oceanfront tower, despite still being higher than the suburb’s building code and receiving almost 400 objections.

Devine agreed to re-centre the apartment tower, allowing for increased setback to the north and south.

The owner-occupier-targeted development will comprise full-floor residences, with interiors by Mim Design and apartments priced from $2.25 million.

The project will feature three- and four-bedroom apartments spanning 218sq m and 436sq m respectively. It will be topped with a two-level penthouse, rooftop area, lounge and pool.

▲ The development will offer uninterrupted views of both Burleigh headlands plus the pristine Burleigh Heads National Park. Image: Bureau Proberts

Devine, known for past projects such as Melbourne’s Victoria Point Docklands and the $500-million Hamilton Harbour precinct in Brisbane, is now waiting on council to see if its Royale project in Surfers Paradise will also be granted approval.

The $340-million project is planned for a site at 9 Northcliffe Terrace, closer to Broadbeach.

The 38-storey tower includes 108 apartments and will be similarly positioned towards the top end of the market with apartments priced from $3 million.

So far, Devine has sold upwards of $200 million of apartments in the project.

Burleigh Heads and the wider Gold Coast area has become one of the country’s busiest apartment markets since the start of the pandemic.

Beachfront properties and sites have benefited from demand from local and interstate developers looking to build for pandemic-inspired sea-changers as apartment supply levels continue to hit historical lows.

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