Tower to combine luxury and elegance

A$130m luxury Runaway Bay tower known as Belvue Broadwater will be the first tower to be built in the suburb in more than 30 years. The controversial tower which was initially rejected last year will now go ahead after Monaco Property Group negotiated a compromise with council, which will see its height dropped from 34 to 31 levels.

Belvue is set to include 31 full-floor residences and three tri-level fully detached luxury houses within a master planned, gated estate with resort-style amenities.

NPA Projects director Andrew Erwin said there has been significant interest from interstate relocators and locals looking to downsize from northern Gold Coast suburbs such as Hope Island, Sanctuary Cove and Sovereign Islands.

“This is blue chip real estate; the land has been tightly held for 50 years and locals who already know and love the area, recognise that Belvue represents a once in a generation opportunity,” he said.

“It’s also appealing to interstate buyers seeking a waterfront lifestyle, offering arguably one of the longest and most incredible view lines on the Gold Coast.”

The full floor residences span 273sq m and offer uninterrupted Broadwater and ocean views. Prices start at $3.545m.

Plus Architecture has designed the building and its interiors.

Each bedroom will feature an ensuite, while interiors will feature bespoke details such as handblown glass lighting from local Gold Coast artisans and brushed brass elements, Gaggenau appliances and European Oak timber flooring.

Residents will have access to two pools, hotel style poolside and waterfront daybeds and cabanas.

A swim up bar, barbecue pavilion, gym, sauna and steam room will sit among gardens and relaxation areas.

Construction is expected to start within the next six months.