Luxury High-Rise Living: New 108OBR Tower Set to Transform Broadbeach

108 Old Burleigh Road, Broadbeach, QLD 4218, Australia - In a bold move poised to redefine the Broadbeach skyline, 5Point Projects is nearing completion of their luxury tower, Faro, and is now setting its sights on a new venture at 108 Old Burleigh Road. The new high-rise, dubbed 108OBR, promises to bring 37 luxury apartments across a striking 26-level tower designed by Cottee Parker. Currently, the site is home to two-level River Dell walk-up apartments, situated on an 827 sqm lot.

With a design that features a maximum of two units per floor from levels two to 19, 108OBR is set to enhance the area’s residential appeal. Residents will enjoy an array of top-notch amenities, including a swimming pool, spa, sauna, steam room, BBQ area, private dining room, lounge, and even facilities for the remote-working crowd, all located on levels 20 and 21. Above these amenities, four luxurious whole-floor, four-bedroom apartments will be situated, culminating in a magnificent penthouse that spans two levels and boasts its own private gym, golf simulator, rooftop pool, sauna, steam room, and outdoor barbecue kitchen. Urban.com.au reports that the Town Planning Report by UPS has thrown its weight behind the project, praising its innovative urban rejuvenation and high-quality architectural design. The development is a notable addition to 5Point’s growing portfolio on the Gold Coast, which includes Faro and two other notable projects in Palm Beach valued at over $160 million.https://www.urban.com.au/news/qld/first-look-5point-doubles-down-on-old-burleigh-road-broadbeach

More on Broadbeach’s Transformation

The 108 Old Burleigh Road development is not an isolated case. The Gold Coast is witnessing a flurry of projects shaping its landscape. For instance, the grand development at 152 The Esplanade in Surfers Paradise will see the construction of two residential towers with a staggering height of up to 70 storeys, featuring a massive 900 apartments. It’s a clear indication that the demand for luxury living spaces in this region is through the roof.

The Urban Developer details other exciting developments, such as the 28-apartment building at 2 Charles Avenue in Broadbeach, which is already stirring interest with its luxury apartments starting at a whopping $4.95 million. This trend is mirrored in various projects around the Gold Coast, signaling a significant shift towards appealing to discerning buyers who crave high-quality living environments.https://www.theurbandeveloper.com/articles/major-development-projects-gold-coast

Even localities like Coolangatta are getting a facelift with 9 luxurious apartments planned at 275 Boundary Street and other developments underway, indicating that the appetite for luxury residences is strong across the board.

Old Burleigh Road: A New Era

As developments like 108OBR take shape, they contribute to the ongoing transformation of Old Burleigh Road, a once-quiet street now buzzing with potential for luxury living and urban rejuvenation. Other projects, such as The Rochester and Enclave by Graya, are breaking ground in the area, affirming that 5Point isn’t the only player betting on the future of Broadbeach.

This wave of new construction signifies more than just luxury; it encapsulates a vision for a modern, upscale lifestyle in one of Australia’s favored coastal spots. There’s no denying that Broadbeach is emerging as a powerhouse of transformation on the Gold Coast, and with it, the excitement for prospective residents prepares to mount.

With projects like 108OBR on the horizon, there’s something to be said for the way the Gold Coast is reinventing itself—offering residents not just homes, but lifestyles that cater to every desire.