15 Rosewood Avenue Broadbeach QLD 4218

Flagstone Property Group is proud to present 15 Rosewood Avenue, Broadbeach for sale.
Approved 52-level Luxury Residential tower development with a premium corner block position on the Gold Coast Highway.
Luxury designed sky homes with access to state of the art amenities and communal spaces.

Development Highlights:
Project Type: High-end luxury apartment building
DA Approved: Yes
Building Levels: 52
Total Apartments: 142
Gross Realisation Value (GRV): $344,000,000 (at $15,766/m² of the Net Sale Area)
Land Acquisition Cost: 4.79% of GRV
Estimated Project Build Cost: $146,062,215 at $6,033/m2 including head works (head works margin 18%)
Estimated Profit Margin: 52.74%
Pre-sales on initial launch (6 weeks): 21.23%
Area Growth: Median apartment sales rose 11% in 12 months with 487 sales settled.

Assana Broadbeach is poised to become a landmark development, being the tallest tower in Broadbeach. This unique positioning not only sets new benchmarks for luxury living but also presents a significant investment opportunity given the robust metrics and market potential.