28-05-2025
Demolition to begin within days for $150m beach development
Construction works are soon to begin on a new luxury complex in the Gold Coast, which inspired its developers to get their own homes on the $150 million site.
Developer Graya will start demolition work on June 2 for its new Broadbeach development, 'Enclave': a 24 storey building and the company's tallest yet - with a two year construction time-frame.
With at least $80 million in sales so far, around half the project's 24 luxury residences have already sold.
Graya Associate Director Shaun Mets said they built Enclave with an approach towards wellness in a suburb with easy access to both Brisbane and the Gold Coast.
'That level of accessibility is really valuable to our customer base,' he said. 'It's a suburb on the Gold Coast that is really maturing … [with] those little amenity nuggets that our residents really look for in a place to call home. And there's just gonna be more of that as Broadbeach comes into its own.'
The project includes offerings such as eight half-floor apartments from 140 – 160 sqm.
Ranging from two to three-bedroom homes, these smaller luxury offerings within the complex sold out shortly after sales began.
The majority of the residences in the building are the 15 full-floor units at 305 sqm. Each of the full-floor units feature a 7 metre-long kitchen island, made from a stone feature marble Mr Mets described as 'unique' to the development.
But the best (and priciest) spot in the building is the penthouse: a three-level residence estimated to be worth more than $25m.
'The master suite is basically the same size as our three-bedroom apartments below,' Mr Mets said. 'There's nothing else quite like that, being a three level house in the sky; it really is a sky home.'
Everyone within the building will also have access to a private rooftop pool with views across Broadbeach, along with a comprehensive concierge service accessible through residents' smart phones.
Both of Graya's founders, Rob and Andrew Gray, have purchased full-floor residences within the tower.
'Our remit for choosing a development site is based around somewhere we would want to live,' Mr Mets said.
'For us, it just made a lot of sense to retain something within the building, and Rob and Andrew wanted to both keep something they could keep with their families.'
