Amalgamated Property Group re-enters Queensland market with residential tower in Broadbeach

Amalgamated Property Group re-enters Queensland market with residential tower in Broadbeach

A residential tower just 300 metres from Broadbeach’s idyllic sand and surf will be Amalgamated Property Group’s (APG) first Queensland development in three years after the project received development approval today.

Developed in partnership with Base Developments and designed by Gold Coast architecture firm DBI Design, the ‘Amaya’ project will be a 33-storey tower featuring a range of two- and three-bedroom apartments with floor to ceiling windows, large balconies, and high-end fixtures.

For APG, the project marks its re-entry into the Queensland market. The company previously developed Sierra Grant and Verve on the Gold Coast and Aurora in Brisbane, but is generally more focused on the Australian Capital Territory market.

APG has been responsible for premium developments in the ACT such as Manhattan on the Park, Ivy, the Oaks three-stage precinct and Civic Quarter. Additionally, the company was behind developing the first luxury homes within the prestigious Parliamentary Triangle with The Griffin project.

“We’re excited to be re-entering the Queensland market with this modern blend of luxury and lifestyle in the heart of Broadbeach,” APG principal and founding director Graham Potts said.

“We’re extremely selective with our site locations and are committed to supporting developments that add value to a city’s urban infrastructure which is exactly what Amaya does for the Broadbeach region. We know the QLD market well; we’ve seen huge success in other developments of ours over the years, including Verve in Broadbeach and Aurora on Queen St in Brisbane, which is an eye-catching, 69-level luxury tower.

“Our aim is to establish precincts and communities with an emphasis on liveability and longevity by designing homes that allow owners to live well and with ease, minimising the need to venture elsewhere while also enabling them to balance this with enjoyment of their local surroundings.”

A render of where Amaya will sit on the Broadbeach coastline

Potts added that he was proud to be contributing to the Broadbeach landscape with collaborators Base Developments.

“We’ve completed a number of leading projects with Base Developments including Ivy, Oaks and most recently this year, Kiara in Narrabundah, ACT; we have a strong business relationship and a long history spanning almost 20 years, so we’re looking forward to getting Amaya underway,” he said.

Construction on Amaya is set to commence in October 2022 with demolition now underway, and is likely to be completed in 2024.

The tower will also boast resident-only facilities including a gym, sauna, steam room, pool, BBQ and patio, as well as views of the beach. Residents will enjoy proximity to local restaurants and shops as well as the Gold Coast’s light rail.

Get our daily business news

Sign up to our free email news updates.

 
Unpacking equity: Finding your funding fit
Partner Content
Armed with a growing business and a great opportunity, a business owner’s next challe...
Australian Business Growth Fund
Advertisement

Related Stories

Grays agrees to pay $10m fine for misleading car ads on its website

Grays agrees to pay $10m fine for misleading car ads on its website

Online auction platform Grays has agreed to pay a $10 million fine ...

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Akubra’s new CEO Natalie Culina marks a first for iconic hat manufacturer

Australian hat manufacturer Akubra has enlisted retail industry exe...

Another industrial dispute at DP World is leading to crane shortages in Brisbane port

Another industrial dispute at DP World is leading to crane shortages in Brisbane port

A crippling strike at some of DP World's port terminals may hav...

How healthy are the plant-based meat and dairy replacements in the market?

How healthy are the plant-based meat and dairy replacements in the market?

If you’re thinking about buying plant-based foods, a trip to ...