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McNab Tops Out $65m Broadbeach Tower

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Queensland-based builder McNab has topped out construction at 31 Broadbeach, a $65 million high-end residential building on the Gold Coast.

The 20-storey ocean front apartment building, which features full-floor apartments and panoramic views has received widespread interest from downsizers and mature families with 17 out of 22 apartments already sold – with the most recent sale being this 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.

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.”

▲ More than 70 per cent of apartments have sold in the 20-storey ocean front apartment building.
▲ More than 70 per cent of apartments have sold in the 20-storey ocean front apartment building.


The development has been carefully designed to capture the essence of the Broadbeach lifestyle, in a collaboration between two Australian 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,” 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.”

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,” Priest said.

Optimus Developments chief executive Alex Windsor said there had been a surge in people wanting to buy the five remaining apartments before construction completes mid-year.

“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.

“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.”

▲ 31 Broadbeach kicked off construction in November 2018.
▲ 31 Broadbeach kicked off construction in November 2018.


“The attention to detail in 31 Broadbeach combined with its prime location, has the remaining 2 bedroom apartments starting from $1.415 million and the full-floor, 280sq m residences—which have three bedrooms, three bathrooms, a study and large verandas—starting from $3.606 million,” Windsor said.

“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 spectacular beach views.”

The sales suite, located at 15 Albert Avenue, is open Wednesday through to Sunday.

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 UDIA's 2019 Best High Density Development in Queensland over 10-storeys and Master Builders 2019 Best Tourism and Leisure Facility over $10 million at the Gold Coast.


The Urban Developer is proud to partner with McNab to deliver this article to you. In doing so, we can continue to publish our free daily news, information, insights and opinion to you, our valued readers.

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Article originally posted at: https://theurbandeveloper.com/articles/mcnab-tops-out-65m-broadbeach-tower