New $180 million residential tower ‘Surfer’ planned in the heart of Surfers Paradise. – real estate.com.au

A developer has unveiled plans for a sky-high $180 million project that could dramatically reshape Surfers Paradise’s famous skyline

Bastion Development Group has submitted a development application to the Gold Coast City Council for the $180 million residential project known as ‘Surfer’.

It follows the purchase of three adjacent sites at 2959 to 25 Surfers Paradise Blvd

and Vistastraat 27.

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Surfer will be a flagship for Bastion’s portfolio, which also includes Nera on Chervon Island, which is valued at $174 million and has achieved a 70 percent turnover.

“We are extremely happy to have submitted the Surfer development application, and we believe so

this project will be a great addition to both Surfers Paradise and the Bastion portfolio,” said Alex Wood, CEO of Bastion Group.

“The Gold Coast is growing and evolving rapidly, and we are proud to contribute to that

evolution.

“There is a strong desire for design-led living in such a central, vibrant location as Surfers

Paradise and Surfer will meet that demand.”

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Designed by architectural firm Studio Snell, Surfer will have 30 floors with 100 two-bedroom apartments.

“The location of this project makes it an exceptional opportunity for investors

moments from the beach and the tram, it is perfectly positioned for holidaymakers looking

convenience and lifestyle,” Mr Wood said.

“With a boutique restaurant, dedicated children’s area and well-planned private spaces, it also offers residents the comfort and convenience of truly effortless living.”

Residents will have access to an EMF-designed gym, a swimming pool, boutique shops, a restaurant offering room service to apartments, a dedicated children’s zone and an exclusive residents’ area with private plunge pools and podium parking.

Surfer, which will be built in Sufers Paradise, will have 30 floors with 100 two-bedroom apartments.

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The DA application for Surfer follows the ongoing construction of Nera Residences by Bastion’s own construction arm, Bastion Built, with the ground floor slab now poured and the crane expected to go up next month.

Pending approval, Bastion Built will build Surfer.

“Our in-house construction department, Bastion Built, allows us to ensure the quality and consistency of every project,” said Mr Wood.