Rare Ocean-View Apartment in Broadbeach

This project is located in the south of the famous Broadbeach on Australia's Gold Coast. As one of Australia's most popular premier tourist and holiday destinations, the Gold Coast attracts more than 13 million domestic and international visitors each year. In 2017, international visitor numbers grew by 8.1%, reaching a record high. On average, international visitors spend A$6.5 million each year, with each visitor staying an average of 3.2 days. In recent years, the federal government has allocated A$13 billion to the Gold Coast for transport, retail, entertainment and sporting facilities, which together will drive housing demand and population growth on the Gold Coast.

The Gold Coast's more than 57 km of continuous, winding coastline is its most iconic urban feature, and Broadbeach, adjoining the Gold Coast city area, is one of its most captivating beaches. Connecting the vast Pacific Ocean with the vibrant Gold Coast city area, it is a natural link that perfectly unites people and nature.

Currently, both the total rental yield and the potential capital growth on the Gold Coast continue to rise, and together with the government's current and future infrastructure projects in the area, they are driving investment demand in the major beachfront suburb of Broadbeach. In 2018, the residential vacancy rate in this area was just 2.1%, with numerous well-developed community facilities. Over the past 25 years, the population has increased by 44%, and over the past 20 years, the employment rate has grown by 44.3%.

Broadbeach hosts a wide range of cultural and sporting events throughout the year. The Blues music festival, held for four consecutive years, has attracted more than 2 million participants in total, and the annual Broadbeach country music festival has drawn more than 50,000 participants over three years. The area is also home to the famous Supanova pop culture expo, one of the events held each year at the Gold Coast Convention Centre.

Investment Outlook

Broadbeach lies in the heart of the Gold Coast and is a premier shopping, dining and entertainment destination. This project is just one block from the beach, and within a few minutes' walk you can reach Queensland's largest integrated shopping centre and two world-class entertainment centres, offering a rich variety of options. If you want to venture a little further from home, public transport is convenient, including buses and the city's light rail, with the South Broadbeach tram stop and bus stop within walking distance.

The Gold Coast is at the centre of visitor activity, and rental prospects are strong. The industry expects rental returns of 6–7%. At the same time, in recent years the government has scheduled a range of major international events on the Gold Coast during the off-peak season — triathlons, international marathons, motor racing and more — helping the Gold Coast develop into a world-class tourist city with year-round peak-season appeal.

Gold Coast infrastructure project plans:

 - A$670 million upgrade and redevelopment of Pacific Fair shopping centre;

 - A$2.3 billion upgrade and expansion of local transport facilities;

 - A$300 million refurbishment and upgrade of Gold Coast Airport, and more.

In Australia, projects with unobstructed, permanent ocean views are already a rare and scarce resource. This project's unique waterfront location, adjoining an integrated business and shopping precinct, is more than enough to meet the luxury needs of both domestic and international residents. In the most central location on the Gold Coast, it offers investors an unrivalled, high-quality lifestyle — a dream-like aspiration that fully delivers prestigious quality to you.

Broadbeach is a major commercial hub on the Gold Coast, home to Queensland's most prestigious shopping centre, Pacific Fair, the Gold Coast Convention Centre, and The Star casino and entertainment resort. This project is just 150 m from Broadbeach and is serviced by the Gold Coast light rail, offering convenient public transport and a comfortable, easy lifestyle.

Building overview:

- The apartment building has 35 storeys, with a range of floor plans to choose from, including 1-bedroom, 2-bedroom and 3-bedroom apartments, totalling 263 units;

- A total of 298 car spaces, with every floor plan allocated a car space;

- Levels above the fifth floor are residential apartments, while the lower levels feature the accompanying retail area and bicycle storage, among others;

- Five-star facilities: Level 4 offers an owners-exclusive 50 m infinity pool, gym, spa, sauna, BBQ  area, an owners' leisure deck and landscaped gardens, delivering residents a five-star living experience.