Colliers’ director residential David Higgins says the development is the first major apartment project in Broadbeach for the last five years
Victoria & Albert is a landmark mixed-use development featuring two residential towers, Victoria Residences and Albert Residences
Colliers’ director residential David Higgins says the development is the first major apartment project in Broadbeach for the last five years.
A very strong family market, Broadbeach is back in the frame with this new oceanside precinct offering one, two, three and four-bedroom apartments with private amenities.
Urban has taken a look in detail at V&A, and what buyers will like about the project.
1. Strong development team
Developed by Iris Capital, with apartments designed by DBI design, Victoria & Albert residences are being delivered by a strong development team.
Founded and led by entrepreneur Sam Arnaout, Iris Capital now boasts more than $3.5 billion in enterprise value, significantly expanding over the past year after the acquisition of 17 Ibis hotels from AccorInvest.
The Sydney-headquartered development giant is behind the large-scale East End development in Newcastle, as well as other projects including Bondi’s Grand and Potts Point’s new Queensgate development.
“We are no stranger to large scale projects and have built a reputation on our ability to deliver transformative developments that add remarkable value to their broader community,” Arnaout said.
2. Broadbeach’s most walkable new development
“V&A is arguably the Gold Coast’s most walkable new address”, Arnaout said.
Located in the heart of Broadbeach, the project scores a 10 out of 10 for walkability, thanks to its close proximity to the light rail, casino and restaurant precinct.
Residents’ daily needs are just moments from their door, with Oasis Shopping Centre, which contains a Woolworths and other specialty retailers, only a two-minute walk from the residence.
Just four minutes’ drive away is the expansive surrounds of Pacific Fair, while Gold Coast airport is only half an hour away.
3. Resort-style living
Both Victoria Residences and Albert Residences offer an elevated recreational podium that connects the two, featuring a 25-metre lap pool, gym, yoga deck and residents’ lounge.
Indoor and outdoor amenities are surrounded by lush, subtropical landscaping, including a zen garden and outdoor dining spaces in this sprawling beachside day club area.
Both towers also feature top-floor residents-only lounges, complete with dining, yoga room, offices and views across the Gold Coast skyline.
Hosting private functions are a breeze with two private dining rooms, each boasting an adjoining kitchen, one galley-style, along with a private wine cellar.
4. Ground-floor retail and dining
A vibrant new retail arcade is on offer at the world-class Broadbeach address, with Victoria & Albert boasting the first high-end residential, retail and culinary precinct in central Broadbeach since the Oracle towers more than a decade ago.
“Just an elevator ride away, take a leisurely stroll and you’ll be sure to find new restaurants and bars to sample, no matter which route you take”, the project marketing reads.
The precinct boasts over 50 restaurants and cafés within 300 metres of its front door.
5. Ideal location
Surrounded by beautiful natural landscapes, Victoria & Albert invites outdoor leisure and recreation all year round.
Combined with a subtropical climate, it forms a breathtaking locale that residents will find a hard time abandoning.
Along the coastline, residents can enjoy a bike ride past Kurrawa and Mermaid Beaches, or a walk on the beach from the Spit.
Other neighbourhood recreational amenities include Burleigh Head National Park, Currumbin Wildlife Sanctuary and, for golf lovers, both the Southport and Burleigh Golf Clubs.
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