11 Anne Avenue, Broadbeach

During 2021 and 2022, the suburb gained immense popularity among interstate investors, with inquiries from those seeking off the plan apartments from New South Wales and Victoria exceeding 40%

Two and a half years ago, when I was looking at the Broadbeach market in particular, I wrote a piece looking at the Broadbeach market.

"Why it's all about Broadbeach in 2022," was the article headline.

Fast forward to the present, and it's still all about Broadbeach. The fundamentals haven't changed, and interest in the market has continued from both developers and buyers.

Broadbeach has everything, from the famous Gold Coast beach to the amenity of the new Star Casino and the Gold Coast Convention and Exhibition Centre.&nbsp;

During 2021 and 2022, the suburb gained immense popularity among interstate investors, with inquiries from those seeking off the plan apartments from New South Wales and Victoria exceeding 40 per cent, data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, Urban's new data product, showed.

While enquiry has declined from the peaks when the southern states were in and out of lock down,&nbsp;<a href="https://www.urban.com.au/developments/broadbeach-qld-4218">Broadbeach</a> is still consistently one of the most enquired on suburbs across the Gold Coast on <a href="https://www.urban.com.au/">Urban.com.au</a>.

Now local owner-occupiers dominate the market, while first home buyers are acting quickly to secure the first release of apartments knowing they're in competition for the entry level apartments with a still higher than normal interstate investor audience.

First home buyers now make up less than a fifth of the Broadbeach market given the huge price growth during the pandemic.

Data gathered from property data analytics firm, CoreLogic, showed the rolling annual growth from September 2020 jumped from 3.3 per cent to 37.2 per cent in September 2021. It remained well above 30 per cent until early 2022 when growth started to cool.

While declines were felt for just a few months in 2023 when nationally the country was going through a correction due to interest rate increases, growth has again picked up, with the rolling annual growth now stable between 10 and 15 per cent over 2024.

Barry Morris' Morris Property Group has known the draw of Broadbeach for nearly three decades. It was in the 1990s when Morris delved into Broadbeach. Now they're delivering their 10th and 11th projects in the suburb, with only a handful outside of the suburb over the last 25 years.

"Buyers love Broadbeach because it offers beachside living with metropolitan amenities, which is what the market is after," Morris told Urban back in 2022.

Morris has waited until they've nearly completed construction before launching <a href="/buildings/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo Broadbeach</a>, just 16 half-floor apartments near the Gold Coast Convention and Exhibition Centre.

[smartcode_project:default project_id=112549 project_image_fid=293546]

The launch of Malo comes hot on the heels of success from <a href="https://www.urban.com.au/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> nearby. Launched late last year, Crest, which comprises 182 two and three-bedroom apartments, has sold well over half of its apartments and recently kicked off construction through their in-house building arm.

There's no chance of Morris slowing down in Broadbeach either, however it's becoming more difficult to acquire a development site in the small 1.4 square kilometre suburb perfectly positioned between the bustling Surfers Paradise and the quieter Mermaid Beach.

They do have another tower lined up to launch before the end of the year.

Similar to Malo, <a href="/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach at 22 Chelsea Avenue</a>, will comprise just 18 three-bed apartments across a 20-level building.

[smartcode_project:default project_id=112024 project_image_fid=286004]

It was the draw Broadbeach that lured Sydney billionaire Sam Aranout's Iris Capital to the Gold Coast. They spent a reported $58 million on the landmark Niecon Plaza in 2021.

Not many developers can boast a $1 billion-plus development as their first in many states. Of course, Iris has a huge pedigree in both the residential development and hotel market. They're behind the $1 billion Newcastle placemaking development, East End, and own a string of hotels across the country.

[smartcode_project:default project_id=107928 project_image_fid=234100]

<a href="https://www.urban.com.au/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, or V&amp;A as it's been more commonly referred to, comprises just over 400 apartments across two towers in the heart of Broadbeach.

The towers will have some of the most amenity ever produced on the Gold Coast, with a 25-metre lap pool, a fully equipped gym, a yoga deck and a resident’s lounge. The podium will also feature a children’s area, a Zen garden, and an outdoor dining and barbecue area adorned with lush green landscape.

Residents will sit above, and have direct access to, the full commercial precinct that will occupy the ground and podium levels and will home a suite of hand-selected retailers.

[smartcode_project:default project_id=107928 project_image_fid=234097]

<a href="https://www.urban.com.au/developers/mosaic-property-group">Mosaic Property</a>, one of South East Queensland's most prominent builder developers, is approaching completion of its two Broadbeach apartment developments, <a href="https://www.urban.com.au/new-apartments/marella-146-surf-parade-broadbeach">Marella</a> and <a href="https://www.urban.com.au/new-apartments/lily-by-mosaic-4-rosewood-avenue-broadbeach">Lily</a>, the debut apartment towers by Mosaic in Broadbeach.

When speaking to Mosaic CEO Brook Monahan in 2022, he said there's a lot of nostalgia with Broadbeach for a lot of residents in South East Queensland.

"It's a very nostalgic place for a lot of people who would have come to Broadbeach and holidayed as kids," Monahan says, adding that the walkability factor puts Broadbeach ahead of other Gold Coast suburbs.

"You can walk to 75 coffee shops/resultants, the light rail, or the surf club in minutes, as well as being on the doorstep of Pacific Fair shopping centre and the casino, which makes it one of the most appealing areas up and down the coast."

[smartcode_project:default project_id=112611 project_image_fid=206451]

The Broadbeach apartment development pipeline is possibly not as large as it was in 2022, but there are several major developments coming up.

<a href="https://www.urban.com.au/developers/amalgamated-property-group">Amalgamated Property Group</a> and joint venture partner Base Developments are preparing to launch its second Broadbeach development, Affinity Broadbeach, following the success of <a href="https://www.urban.com.au/new-apartments/amaya-at-broadbeach-30-first-avenue-broadbeach-qld-4218">Amaya Broadbeach</a> on First Avenue, around 700 metres away from the new project.

Amaya, under construction and slated for completion next year, features 120 apartments and is 95 per cent sold.

<a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a> will follow a similar footprint, with 185 two and three-bedroom apartments, also designed by DBI.

The recreational amenities for residents will be situated on the fourth level, offering a range of facilities such as a swimming pool, residents' lounge, community living area with barbecue and outdoor dining space, gardens, gym, sauna, and a yoga/meeting room.&nbsp;

The Abedian family, who founded Sunland, is set for its first Broadbeach development having secured two side-by-side sites on Mary Avenue, opposite the Broadbeach State School.

Now under their new private family development company,&nbsp;<a href="https://www.urban.com.au/developers/arium">Arium</a>, bought the amalgamated 1,518 sqm site across 14-18 Mary Avenue that had been earmarked for Eternity, the second Broadbeach tower by Leo Sarris's Bassar Group following on from their nearby completed project Infinity. Then they bought the 600 sqm next door at 20 Mary Avenue from&nbsp;<a href="https://www.urban.com.au/developers/little-projects-co">Little Projects</a>, creating a development site of over 2,100 sqm.

Since Urban revealed the purchase back in April, <a href="https://www.urban.com.au/developers/arium">Arium</a> is yet to reveal what it's doing with the site. A few weeks later, Urban again revealed another site purchase, also in Broadbeach.

They secured a 516 sqm site at&nbsp;<a href="https://www.urban.com.au/new-apartments/11-anne-avenue-broadbeach">11 Anne Avenue</a>&nbsp;from&nbsp;the&nbsp;Brisbane-based&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Property Group, who had approved plans for a 17-level tower with 15 full-floor, four-bedroom apartments.

Joel Robinson

Why it's all about Broadbeach...still

Broadbeach has remained a top spot for developers, with a number of development sites transacting

The landscape of Broadbeach is changing ever year.&nbsp;

Nearly two years ago I wrote a <a href="https://www.urban.com.au/news/qld/why-its-all-about-broadbeach-in-2022">piece about Broadbeach and its lifestyle and location factors</a> drawing both buyers and developers, with&nbsp;Mosaic Property boss Brook Monahan and CBRE Residential Gold Coast Projects Director Nick Clysdale explaining what it was about <a href="/developments/broadbeach-qld-4218">Broadbeach</a> that buyers and developers saw in the suburb just south of <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>.

Monahan put his money where he mouth was so to speak, securing two sites for his first two projects in the suburb, Marella by Mosaic and Lily by Mosaic, both of which have had huge sales success since launching.

Broadbeach has remained a top spot for developers since then, with a number of development sites transacting. There's a healthy mix of large scale, full-floor apartments for the more affluent buyer, and higher density two and three-bedroom apartmens which cater to a wider market.

A number of projects are looking like they'll go ahead in 2024. We've taken a look at five developments which caught our eye.

<h2>Project: SOLA Broadbeach</h2>

<h3>Location: 158 Surf Parade, Broadbeach QLD 4218</h3>

<h3>Developer: Ature Group</h3>

The Queensland-based&nbsp;AtureGroup, well known for the popular fashion boutique Sabo Skirt and Zaco, will launch SOLA Broadbeach this year on one of Broadbeach's most popular streets.

SOLA, located at 158 Surf Parade, is designed to cater to owner-occupiers, comprising 20 three-bedroom apartments across 22 levels.&nbsp;

Designed by Prospect Apartment Architecture, the development focuses on high-quality architectural expression, orienting the building towards the east to maximise parkland and ocean views while ensuring privacy from neighbouring buildings.&nbsp;

<img alt="SOLA Broadbeach" data-entity-type="file" data-entity-uuid="79fdeb92-619a-4eaa-a0c9-068920df580f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%2010.08.58%20am.png?VersionId=.pZtFBbNKdhdkpzAMXoN7Wh07N20gTnA" />

Each 200 sqm apartment includes three bedrooms, a multi-purpose room, and a kitchen with a butler's pantry. The master suite features an ensuite and a walk-in wardrobe.

Residents will also have access to several amenities on the podium level including a wellness zone with a mineral spa, ice pools, gym, steam room, a sauna, a covered indoor-outdoor swimming pool and a communal deck area.

The Kouzoukas family, signalling confidence in the project, plans to retain several apartments for extended family use.&nbsp;

To find out more about SOLA, <a href="https://www.urban.com.au/news/qld/first-look-sabo-skirt-family-file-debut-gold-coast-apartment-tower-on-broadbeachs-best-street">click here</a>.

<h2>Project: Chelsea Avenue, Broadbeach</h2>

<h2>Location: 42-46 Chelsea Avenue, Broadbeach QLD 4218</h2>

<h3>Developer: Amalgamated Property Group</h3>

Following the successful launch of Amaya Broadbeach at 30 First Avenue, Canberra-based apartment developer Amalgamated Property Group (APG) is expected to launch its second Broadbeach project in as many years.

They snapped up an 1,820 sqm Chelsea Avenue site from Raptis, who had approved plans for a 41-level tower designed by Archidiom.

APG has had DBI make some amendments, changing the apartment mix to make 148 two-beds, a number with a study, and 37 three-bed apartments.

The recreational amenities for residents will be situated on the fourth level, offering a range of facilities such as a swimming pool, residents' lounge, community living area with barbecue and outdoor dining space, gardens, gym, sauna, and a yoga/meeting room.&nbsp;

<h2>Location: 33-37 Armrick Avenue, Broadbeach QLD 4218</h2>

<h3>Developer: Armrick Developments Pty Ltd</h3>

Former footballer Scott Crow is expected to launch his debut Gold Coast apartment development in Broadbeach after securing approval for the 33-level apartment tower in December.

The tower across an amalgamated 1,750 sqm triple site at 33 Armrick Avenue will home 203 one, two, three, and four-bedroom apartments.&nbsp;

Plus Architecture designed the tall, curved tower, with the intention of the design to embrace the sub-tropical coastal lifestyle of the Gold Coast.

The recreation level, located on the third floor of the podium, offers a range of amenities, including a gym, outdoor lounge with a fire pit, yoga deck, cold pools, a large pool, floating day beds, a spa, private cabanas, sauna and steam rooms, barbecue areas, and a bar nook.

<img alt="Armrick" data-entity-type="file" data-entity-uuid="8bb67bc5-12df-41eb-acae-39d12d5b8695" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%2010.12.12%20am.png?VersionId=VKUoEjLeTgaAPBBSrh8JkCy7_x41_C8J" />

Apartment levels start from the fifth floor, with eight units per floor up to level 21. The upper levels of the tower feature a collection of sub-penthouses and penthouses.&nbsp;

Level 31 includes four sub-penthouses, each equipped with a master suite, additional bedrooms and bathrooms, a laundry room, a multi-purpose room, a butler's pantry, and an open-plan kitchen, dining, and living space leading to a private outdoor area.

The development culminates in two mirroring two-storey penthouses featuring three bedrooms. The eastern side of the penthouses features a pool, sun deck, outdoor kitchen, barbecue area, dining space, and a fire pit.

The new tower will be located near Morris Property Group's Crest Broadbeach at 13 Armrick Avenue.&nbsp;

<h2>Project: Lusso Sky Homes Broadbeach</h2>

<h3>Location: 11 Anne Avenue, Broadbeach QLD 4218</h3>

<h3>Developer: Di Carlo Property Group</h3>

Brisbane-based Di Carlo Property Group is another who has development approval for their Broadbeach tower, Lusso Sky Homes.

Lusso, which means luxury in Italian, marks a return to the Gold Coast apartment market for the Brisbane-based developer.

The project at 11 Anne Avenue will comprise&nbsp;15 full-floor apartments designed by Hayes Anderson Lynch Architects.&nbsp;

The four-bedroom apartments offer over 200 sqm internally, complemented by a balcony of over 40 sqm.&nbsp;

<img alt="Di Carlo" data-entity-type="file" data-entity-uuid="08885c56-4b8b-441e-bb16-d7c71b96319b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%2010.15.32%20am.png?VersionId=z.pypCcvmFHyPoo_kL2CNb7AhuHsp682" />

Alfie Di Carlo anticipates strong interest from local downsizers seeking spacious living without compromising on luxury and from interstate or Brisbane-based holidaymakers and weekenders seeking a high-end holiday home.

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast,"&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda."

To read more about Lusso Sky Homes, click here.

<h2>Location: 155 Old Burleigh Road</h2>

<h3>Developer: Polycell Group</h3>

It might be ambitious for Polycell Group, developer of The Rochester in Broadbeach which is over 50% sold on Surf Parade, to get to the stage of launching their second Gold Coast apartment development on Old Burleigh Road.

Last year Polycell acquired 19 apartments in the Sandpiper building at 155 Old Burleigh Road, paying&nbsp;$15.5 million for the apartments from developer Peter Priest of Trenert.

The Sandpiper building was at the centre of a legal dispute earlier in the year when Trenert decided to abandon its plans to buy out the remaining owners, claiming that rival developers used confidential information to secure apartments and thwart the redevelopment.

<img alt="Sandpiper" data-entity-type="file" data-entity-uuid="1ea7dc21-37a0-46ec-98bd-641c0e9ecade" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%2010.07.51%20am.png?VersionId=ibacJlFsngOGz_HJpCdo.H.O7D6S.Ku_" />

The 1,828 sqm site of the Sandpiper building is situated on the corner of Broadbeach Boulevard and Albert Avenue directly opposite Kurrawa Park, providing unobstructed views of the beach and ocean.&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/exclusive-the-rochester-developer-polycell-locks-sights-on-next-gold-coast-apartment-project">Exclusive: The Rochester developer Polycell locks sights on next Gold Coast apartment project</a>

What to look out for in the Broadbeach off the plan apartment market in 2024

There were a couple of exciting approvals, one in Broadbeach and one in Coolangatta, while there's been further movement in the southern Gold Coast surf hotspot.

There were only a few development moves across the <a href="https://www.urban.com.au/new-apartments/gold-coast-qld">Gold Coast</a> in July, as the apartment project pipeline in the tourist hotspot continues to slow.

There were a couple of exciting approvals, one in <a href="/developments/broadbeach-qld-4218">Broadbeach</a> and one in <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, while there's been movement one an exciting future project in the southern <a href="https://www.urban.com.au/new-apartments/gold-coast-qld">Gold Coast</a> surf hotspot.

We've put together a list of development movements in the <a href="https://www.urban.com.au/new-apartments/gold-coast-qld">Gold Coast off the plan apartment market</a> in July.

<h2>Luxury Broadbeach apartments secure sign off</h2>

The Brisbane-based Di Carlo Property Group has secured sign off for its <a href="/developments/broadbeach-qld-4218">Broadbeach apartment tower</a>, Lusso.

It's a move back into the Gold Coast apartment market for the family-run company, who in recent years have been developing boutique projects in Brisbane's inner ring.

<img alt="Lusso Di Carlo" data-entity-type="file" data-entity-uuid="b47af6ed-c65f-4bb9-bd9d-94fe5353f550" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-07%20at%2010.06.07%20am.png?VersionId=Q2O3hy4gyNJ38f9Xd5We9ANrRKjTptzD" />

<a href="/new-apartments/11-anne-avenue-broadbeach">Lusso</a>, Italian for luxury, will comprise just 15 full-floor apartments at 11 Anne Avenue.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/di-carlo-secure-sign-off-for-luxury-broadbeach-apartment-development-lusso">Di Carlo secure sign off for luxury Broadbeach apartment development, Lusso</a>

<h2>Immerse Projects&nbsp;second Coolangatta apartment tower green lit</h2>

Immerse Projects is set to launch their second <a href="/developments/coolangatta-qld-4225">Coolangatta apartment project</a> to the market later this year, having received approval from the <a href="https://www.urban.com.au/new-apartments/gold-coast-qld">Gold Coast City Council</a> for their latest development.

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the <a href="https://www.urban.com.au/new-apartments/39-41-mclean-street-coolangatta">17-level apartment project at 39 McLean Street</a>, adjacent to his <a href="https://www.urban.com.au/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hil</a>l development which is currently on the market.

<img alt="Immerse" data-entity-type="file" data-entity-uuid="5bd58d1a-9adb-455b-878f-6a300401bc16" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-07%20at%2010.06.49%20am.png?VersionId=5v.6978of1.uRuH63ycQB0j.3OPXAKk_" />

“We are very pleased with today’s approval of the McLean Street project which is the result of a lot of collaborative work with Council over past 18 months,” Kearney said.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/immerse-projects-secure-approval-for-second-coolangatta-apartment-tower">Immerse Projects secure approval for second Coolangatta apartment tower</a>

<h2>Revised plans lodged for Palais Coolangatta</h2>

Developer BeckDev has made significant design concessions to its proposed Palais <a href="/developments/coolangatta-qld-4225">Coolangatta development</a>, the most obvious being a large reduction in height and scale.

The group, led by founders Ben and Max Beck, lodged the revised plans with the council this week.

[smartcode_project:default project_id=103143 project_image_fid=216318]

Responding to the latest councils request to reduce the building even further in height, BeckDev further concedes lowering the height of the project to 17 storeys from the 22 storeys originally proposed and the subsequent revised 20-storey design that sat comfortably within the skyline and in close proximity of an existing 24-storey building.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/beckdev-lodge-revised-plans-for-palais-coolangatta-apartment-development">Beckdev lodge revised plans for Palais Coolangatta apartment development</a>

<h2>Abedian family amalgamate apartments at Mermaid Beach tower</h2>

The Abedian development family is looking to amalgamate a number of apartments at their approved <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach apartment tower</a>, Peerless.

They've submitted a minor change application to the Peerless Avenue development to drop the number of apartments from 109 to 98.

<img alt="Peerless" data-entity-type="file" data-entity-uuid="694704ec-6b00-4d45-9060-ca3a2aca2283" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-07%20at%2010.07.25%20am.png?VersionId=IwJ7X5cf7HAmG86Hsn6sfGBnt6hNaPgd" />

The documents said it was due to "changes in the economics, market and viability of the project," as well as wanting to "diversify the product being brought to market."

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/abedian-family-creating-amalgamated-apartments-at-mermaid-beach-tower-peerless">Abedian family creating amalgamated apartments at Mermaid Beach tower, Peerless</a>

<h2>Roche Group file plans for next stage of Calypso Bay masterplan</h2>

Sydney-based developer Roche Group has filed plans for the next stage of its Jacobs Well, Gold Coast masterplan.

They'll be bringing much needed supply to the Gold Coast, submitting a development application for 76 three and four-bedroom duplexes on a 2.46-hectare site within their $2 billion Calypso Bay masterplan halfway between the Gold Coast and Brisbane.&nbsp;

<img alt="Roche" data-entity-type="file" data-entity-uuid="2908e7f0-8e60-491c-a8ee-2cec20db8636" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-07%20at%2010.08.03%20am.png?VersionId=Lu0CyWxHb9E_70.pdwQ7m3qgcAlxW_iP" />

They've had local architecture firm BDA design the duplexes, with three different floorplans and 12 different external designs on offer.&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-roche-group-file-plans-for-next-stage-of-calypso-bay-gold-coast-masterplan">First look: Roche Group file plans for next stage of Calypso Bay, Gold Coast masterplan</a>

<h2>New apartment tower planned for&nbsp;Cannes Avenue</h2>

A Sydney investor has filed plans for a short-term holiday rental tower on the corner of Cannes Avenue and the Gold Coast Highway in Surfers Paradise.

The tower, designed by Archidiom, will comprise 29 one and two-bedroom apartments, and two villas, on an irregular shaped 955 sqm site across 4 Cannes Avenue and 2830 Gold Coast Highway. The site wraps around the back of the Surfers Paradise Motor Inn.

<img alt="Cannes Ave" data-entity-type="file" data-entity-uuid="66c39899-4d14-4069-9401-cfa2d36d06d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-07%20at%2010.08.53%20am.png?VersionId=_oMoiFw0mZH._qEAucIWom7N_rTj2ci3" />

Cannes Avenue, south of Neddy Harper Park, isn't well known for multi-res developments. The most popular was Marquee Development Partners' One Cannes, which is approaching completion. That followed Marquee's first project on the exclusive street, Cannes Waterfront.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-new-surfers-paradise-apartment-tower-planned-for-cannes-avenue">First look: New Surfers Paradise apartment tower planned for Cannes Avenue</a>

alisonwarters@gmail.com

Gold Coast's July development application wrap: What's coming to the Gold Coast off the plan apartment development market

Lusso, Italian for luxury, will comprise just 15 full-floor apartments at 11 Anne Avenue

The Brisbane-based&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Property Group has secured sign off for its Broadbeach apartment tower, Lusso.

It's a move back into the <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast apartment market</a>&nbsp;for the family-run company, who&nbsp;in recent years have been developing boutique projects in Brisbane's inner ring.

Lusso, Italian for luxury, will comprise just 15 full-floor apartments&nbsp;at 11 Anne Avenue.

Designed by&nbsp;<a href="/architects/hal-architects">Hayes Anderson Lynch</a>&nbsp;Architects, the four-bedroom apartments span over 200 sqm internally, with a further 40 plus sqm of balcony space.

The kitchen, complete with butler's pantry, meets the&nbsp;living and dining space, which opens to the balcony&nbsp;oriented to front Anne Avenue and capture south east ocean views. The master suite, complete with walk in wardrobe and ensuite, is also cleverly located at the front of the apartment to capture the views.

<img alt="Di Carlo" data-entity-type="file" data-entity-uuid="e01dafc6-462b-4a1d-b1b8-a735e79b361e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.32.13%20am.png?VersionId=TcWoW4vinIj11es_qx_gZkcHF322NdoZ" />

There are a further two bedrooms and a multi-purpose room, which has been designed o act as either a second living area, a home office, or a fourth bedroom.

Crowning Lusso will be the resident amenity rooftop terrace, featuring&nbsp;a&nbsp;pool, gym, sauna and barbecue facilities.

Alfie&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>, one of the family directors at the company, says the design offering should hit the mark for the luxury buyer.

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast,"&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda,"&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;added.

<img alt="Di Carlo" data-entity-type="file" data-entity-uuid="2250c1d0-7479-49d3-a7cc-9971c604974d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-31%20at%2010.33.15%20am.png?VersionId=XjAEME3PKcQiaXR.TTi1g47OBBwyIuhK" />

"This site ticked all the boxes given its centrally located between the beach, the Broadbeach entertainment and dining precinct, the Star Casino and Pacific Fair Shopping Centre."

<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;expects a healthy enquiry mix from local downsizers cashing in on their houses but not wanting to compromise on space, and interstate and Brisbane holiday makers who are looking for a high-end holiday home or weekender.

The development acts as another diversification for the&nbsp;<a href="https://www.urban.com.au/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Group, who have recently started developing&nbsp;in&nbsp;the retail and commercial space.

The team have over 40 years experience building and managing in excess of $500 million&nbsp;of property development and construction projects across South East Queensland.

Di Carlo secure sign off for luxury Broadbeach apartment development, Lusso

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes

The Brisbane-based Di Carlo Property Group has ventured back in to the Gold Coast market.

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes.

Lusso Sky Homes (Lusso is Italian for luxury) - is a collection of just 17 full-floor apartments at 11 Anne Avenue.

Designed by&nbsp;Hayes Anderson Lynch Architects, the four-bedroom apartments span over 200 sqm internally, with a further 40 plus sqm of balcony space.

<img alt="" data-entity-type="" data-entity-uuid="" height="932" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-13_at_8.34.52_am.png" width="1074" />

The kitchen (complete with butler's pantry), meets the&nbsp;living and dining space, which opens to the balcony&nbsp;oriented to front Anne Avenue and capture south east ocean views. The master suite, complete with walk in wardrobe and ensuite, is also cleverly located at the front of the apartment to capture the views.

In addition to the master, there are a further two bedrooms and a multi-purpose room, which has been designed o act as either a second living area, a home office, or a fourth bedroom.

Crowning Lusso will be the resident amenity rooftop terrace, featuring&nbsp;a&nbsp;pool, gym, sauna and barbecue facilities.

Alfie Di Carlo, one of the family directors at the company, says the design offering should hit the mark for the luxury buyer.

<img alt="" data-entity-type="" data-entity-uuid="" height="414" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-11_at_5.35.47_pm.png" width="631" />

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast," Di Carlo told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda," Di Carlo added.

"This site ticked all the boxes given its centrally located between the beach, the Broadbeach entertainment and dining precinct, the Star Casino and Pacific Fair Shopping Centre."

Di Carlo expects a healthy enquiry mix from local downsizers cashing in on their houses but not wanting to compromise on space, and interstate and Brisbane holiday makers who are looking for a high-end holiday home or weekender.

The development acts as another diversification for the Di Carlo Group, who have recently started developing&nbsp;in&nbsp;the retail and commercial space.

The team have over 40 years experience building and managing in excess of $500 million&nbsp;of property development and construction projects across South East Queensland.

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