A vacant 607sq m block at Broadbeach will have a 21-storey tower comprising 60 units delivered to the slight site, if approved by the Gold Coast City Council.
The development application seeks approval for a $21 million residential and short-term accommodation tower at 10 St Kilda Ave.
Property records show the 607sq m site last transacted for $1,558,000 in May 2018.
The development application proposes 60 dwellings for the XL Architecture-designed tower, which would comprise a mixture of three 3-bedroom apartments, 45 two-bedroom apartments, and 12 one-bedroom dwellings.
The application, which seeks code assessment for a mixture of 36 residential apartments and 24 short-term accommodation sits in a high-density zone, about 7-kilometres from Gold Coast's city centre.
A 213sq m penthouse is proposed on the tower’s 21st level, which would comprise three ensuite bedrooms, and a north facing balcony.
The Broadbeach area is currently undergoing a large amount of urban renewal largely characterised by a mix of both old and new developments, with the 10 St Kilda Ave site located within the light rail urban renewal Area designated by the Gold Coast City Plan 2015.
Plans show the project would comprise six floors of serviced apartments, 11 floors of residential apartments, one floor of three-bedroom apartments, and the single floor penthouse. Along with two floors of recreational area split between level seven (double height recreational area), and the rooftop area.
Down the road, Brisbane developer Seymour Group was green-lit in April for a $32 million nine-level Bureau Proberts-designed residential tower at 2 First Avenue.
Led by property veteran Kevin Seymour, the developer plans to retain two of the luxury, one residence per floor, dwellings for private use.