Expressions of Interest

Oktay Vali, representing the commercial division of GC Prestige, is thrilled to introduce to the market 'Central on Broadbeach', situated at the prime location of 2709-2723 Gold Coast Highway, Broadbeach. This development opportunity comes with DA approval and is nestled in an unparalleled beachside location.

'Central on Broadbeach' stands at the heart of Gold Coast's most sought-after area for both residential and short-term accommodations, making it a pinnacle of development opportunities in South East Queensland.

The site currently generates a substantial holding income and encompasses a unique amalgamation of ten freehold allotments, including a volumetric title, presenting a singular opportunity for developers and international hotel operators. Its enviable position in Broadbeach, coupled with proximity to major attractions and facilities, underscores its unmatched appeal:

- A stone's throw from the Gold Coast Convention Centre, with proposed extensions and upgrades (200m*).
- Merely 50m* from the Gold Coast Light Rail - Broadbeach Station.
- Close to The Star Casino, Pacific Fair Shopping Centre, The Oasis Shopping Centre, and Broadbeach's patrolled beaches.

Site Highlights:

- Freehold land spanning 3,722sqm*.
- Volumetric title encompassing 53,260m3 beneath the Gold Coast Highway Reserve, facilitating four levels of efficient basement parking.
- A total site surface area of 6,438sqm along the Gold Coast Highway.
- Existing improvements yielding a gross holding income of around $1.5+ million annually.

Development Approval Details:

- Two 68-level towers.
- Four-level basement parking.
- 458 residential apartments.
- 418 serviced apartments.
- A commercial/retail area of 2,096sqm.
- 772 car parking spaces.

An alternate scheme reconfiguration offers potential for hotel development, providing flexibility and opportunity for the purchaser to tailor the project to their vision.

This rare land assembly, enhanced by the strategic inclusion of volumetric title, represents a once-in-a-lifetime opportunity in Broadbeach. It promises not only a significant footprint but also the potential for phased development through subdivision, catering to a range of development scales and preferences.

Central on Broadbeach - Key Figures:

- Site area: 3,722m2.
- Two towers (North & South), each with 67 levels.
- 418 serviced apartments spread across 19 levels in each tower.
- 458 residential apartments across 42 levels in each tower.
- A total of 755 car parking spaces.
- Gross Floor Area (GFA): 147,299m2, including residential, serviced apartments, and amenities.

For more detailed information or to discuss sale or joint venture opportunities, and to access all of the DA documents alongside with feasibility works, please reach out to Oktay Vali via [email protected]. With all paperwork prepared for subdivision, this site offers flexibility for development in stages, ensuring alignment with your strategic objectives.

Experience the future of Broadbeach with 'Central on Broadbeach', where luxury, location, and opportunity converge.

Contact Oktay Vali for more information




Disclaimer: All information contained herein, including but not limited to the general property description, images, floor plans, figures, price, and address, has been provided to Oktay Properties PTY LTD trading as GC Prestige, Licence No. 4672161, by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy and/or completeness. The information contained herein should not be relied upon as being true and correc