<ul><li>Luxury beachside residences in Broadbeach</li>
	<li>New residential, retail and culinary high-rise precinct for launch</li>
	<li>The grandest scale development on Broadbeach in over than a decade</li>
</ul>A new oceanside precinct offering spectacular 1, 2, &amp; 3 bedroom apartments with exceptional private amenity. Exclusive penthouses and sub-penthouses also available with breathtaking views.

Victoria &amp; Albert places you in the vibrant heart of Broadbeach, where everything you need is only a short walk from your front door. From dining and shopping, to entertainment and the beach, there is so much to delight and captivate.

Residents will also enjoy Podium Club facilities located on the fourth level and designed to enhance the resort-style living for residents and guests.

The Podium Club will feature a 25-metre lap pool with outdoor dining and barbecue area; a spa and steam room; a Zen garden; yoga deck; boutique resident’s lounge and a kid’s club area with playground, all surrounded by lush sub-tropical gardens.

Topping off this iconic residential offering is the Residents Skylounge on the top level of the Victoria tower complete with luxury dining, lounge, wellness and work zones perfectly designed to embrace the spectacular views of the surrounding coastline.

Comprised of two spectacular residential towers, a vast array of premium resident amenity and vibrant ground floor retail and dining facilities, Victoria &amp; Albert is Broadbeach’s new landmark precinct.

Victoria & Albert, Broadbeach - 20 Albert Avenue, Broadbeach

Summary:

<ul>
	<li>71 Garfield by Iris Capital is located on Surfers Paradise’s exclusive Garfield Terrace with direct beach access</li>
	<li>The development offers uninterrupted ocean views and proximity to both Surfers Paradise and Broadbeach</li>
	<li>Residents have access to major shopping, dining, and entertainment hubs, including Pacific Fair and Cavill Avenue</li>
	<li>Well-connected via the G:Link light rail and Gold Coast Highway, with schools and hospitals nearby</li>
</ul>

<hr />
Garfield Terrace has long been one of Surfers Paradise’s most sought-after addresses, but due to limited development over several decades, it has&nbsp;remained largely inaccessible to many buyers seeking to own a piece of this beachfront strip, partly due to the lack of wanting to sell on the beach, part the original apartments don't cater for modern day living.

The 500-metre stretch of street facing Northcliffe Beach has been home to small, original walk-up blocks, many of which contain only a few apartments and date back to the 1960s.

Following the pandemic-fueled boom on the Gold Coast, land on Garfield Terrace has become a highly coveted commodity, with long-term unit owners seeing the value of their seven-decade-old apartments soar due to their prime location.

Sydney-based developer <a href="/developers/iris-capital">Iris Capital</a>, the developer behind the billion-dollar Victoria &amp; Albert in Broadbeach, was determined not to miss the opportunity to be part of the area's transformation.

In 2021, they acquired The Premiere, a block of just six apartments within an eight-level building built in the late 1980s. The true value of the site lay in its 865 sqm footprint, boasting 20 meters of beach frontage.

Iris, headed by billionaire property developer and hotel mogul Sam Arnaout, waited patiently before unveiling their plans, ensuring they were offering the very best development on the coveted beachfront strip.

Late in 2021, they submitted plans for a new development, which received approval in mid-2022. After a three-year journey, the project culminated in the launch of <a href="/new-apartments/71-garfield-surfers-paradise-71-garfield-terrace-surfers-paradise-qld-4217">71 Garfield</a>—a collection of 52 exclusive apartments, with prices starting from $2.275 million. This is an extremely rare offering on this highly sought-after street.

It is an exceptional opportunity to purchase a new two-bedroom apartment in a dress-circle location. Most beachside apartments, not only in Surfers but also stretching down the coast to Burleigh and Palm Beach, are priced much higher and typically feature three or more bedrooms.

[smartcode_project:default project_id=110713 project_image_fid=317236]

While Garfield Terrace is a relatively short street, meaning future residents will be in touching distance of everything Surfers has to offer no matter where you are on the street, 71 Garfield offers some unique advantages.

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To the south lies Monterey Apartments, another original low-rise building with just a handful of units. It has not yet been acquired by a developer, and given the recent development activity on the beachfront, the fact that it has not been purchased suggests it may remain as is. The building also sits on just over 600 sqm, making it challenging for developers to replace it with a larger apartment block.

While anything is possible in the world of development, if Monterey is never developed, the residents of 71 Garfield will have unobstructed views south, not only from the upper levels of the tower but also from the lower floors.

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The apartments at 71 Garfield will sit privately above part of the 30-kilometre Jubilee Walkway, which was completed in 2022. The scenic path connects Philip Park at Main Beach (named after Prince Philip) to Queen Elizabeth Park in Coolangatta. Along the walkway are 70 bronze markers, each representing one of Queen Elizabeth's years as monarch.

Iris Capital has thoughtfully integrated the beachside location into the building design, ensuring residents take full advantage of direct access to the beach. They’ve even added a dedicated shower bay at the base of the building, perfect for rinsing off sand before heading back indoors.

Residents will have direct access to both the beach and the walkway, with amenities like the pool and gym strategically positioned to offer views of the beach and beyond.

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Located less than 300 meters from the Northcliffe G:Link station, 71 Garfield&nbsp;also offers unrivaled connectivity to the rest of the Gold Coast.

The light rail station currently runs to Broadbeach to the south and Helensvale to the north, a station which is also a stop on the way to Brisbane. Future extensions of the G:Link will extend to Burleigh Heads and eventually to Coolangatta, passing by the Gold Coast Airport, providing convenient light rail access to the entire region.

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71 Garfield will comprise 52 two, three, and four-bedroom apartments, as well as a three-level, five-bedroom penthouse with a private rooftop terrace and a two-level, four-bedroom beach house complete with its own pool. The majority of apartments offer spacious layouts with premium finishes, all designed to maximize the views and the beachfront location.

According to DBI Architects, who submitted the plans to the Gold Coast City Council, 71 Garfield is “designed exclusively for the coastal environment,” moving away from smaller units and embracing the demand for larger apartments. The project aims to elevate the area with a new level of coastal sophistication.

"Iris Capital is set to deliver a new breed of building, combining subtropical principles, fashion-inspired design, and a sky-living experience," DBI stated.

Construction of 71 Garfield will be managed by Iris Capital’s own construction arm, Iris Built, with work slated to begin in 2025. The project is expected to be completed by 2028, offering a truly exclusive, beachside living experience like no other.
</article>

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Joel Robinson

The unrivalled dress circle location of 71 Garfield apartments

Victoria &amp; Albert, the new two-tower apartment development currently under construction in the heart of <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, can wear many different hats when it comes to the type of buyer it is attracting.

The two towers by Sam Arnaout's <a href="/developers/iris-capital">Iris Capital</a>, home to just over 400 apartments, have been cleverly designed to offer something for every type of buyer, be it an investor, holiday-maker, or downsizer.

[smartcode_project:default project_id=107928 project_image_fid=234100]

The Victoria tower, the tallest of the two towers at 64 levels, has been configured to offer more affordable options, more suited to investors and first home buyers.

The neighbouring Albert tower, rising 40 levels on the eastern side of the large 5,463 sqm site, complements the lifestyle of a downsizer, whether they be local from the Gold Coast, Brisbane, or retirees from Sydney or Melbourne wanting to embrace the Gold Coast lifestyle that has been so well documented since the onset of the pandemic.

The apartments in Albert, generally larger than those in Victoria, start from $1.8 million.

[smartcode_project:default project_id=107928 project_image_fid=234153]

Apartments.com.au data shows an even split of investors and next home buyers since&nbsp;the project launched to much fan-fare in late 2021.

Over the last three years, there's been equal demand from the two camps, but more recently, next home buyers have shown the most interest as the more typical investor-friendly stock was snapped up. All of the one-bed apartments were reserved by mid-2023.

Investors are still showing keen interest however in the two-bedroom apartments that start from $1,235,000.

It's the two-bedroom apartments that have been the most popular on Apartments.com.au, followed by the large 161 sqm three-bedroom units that come with two car spaces.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=234103]

Current data shows there's still strong demand from New South Wales, with traffic from Queensland's southern neighbour accounting for around a third of total listing views.

Residents in both <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a> towers will have access to significant shared amenity, including but not limited to a&nbsp;subtropical recreational podium on level four, home to a 25-metre lap pool, a fully equipped gym, a yoga deck and a resident’s lounge. The podium will also feature a children’s area, a Zen garden, and an outdoor dining and barbecue area set in extensive landscaping.

[smartcode_project:default project_id=107928 project_image_fid=234097]

Another major drawcard has been the proximity to the $200 million retail precinct, located in the podium and ground levels of the building. Residents will have direct access into the retail arcade which will offer a range of high-end dining and shopping options.&nbsp;

Earlier this year, Iris Capital brought construction in-house, announcing <a href="/builders/iris-built">Iris Built</a>. Construction is underway, and is slated for completion in 2027.

&nbsp;

[smartcode_project_cta:default project_id=107928]

Urban.com.au data shows an even split of investors and next home buyers since the project launched to much fan-fare in late 2021

Victoria & Albert's unique appeal to downsizers, holiday-makers and investors in the heart of Broadbeach

Iris Capital's <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a> is progressing towards becoming Broadbeach’s new landmark precinct.

Comprising two apartment towers above a significant retail precinct, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, or V&amp;A, boasts premium resident amenities and vibrant ground-floor retail and dining facilities.

From the moment residents step inside the spectacular lobby at V&amp;A, they will experience the best resort-style living without having to leave home.

“<a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A</a> offers a quintessential resort-style lifestyle every day of the year,” Colliers Residential Director David Higgins said.

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Designed by architects DBI, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A </a>consists of two residential towers, Victoria Residences and Albert Residences.

Victoria Residences in <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A Broadbeach</a> feature carefully crafted one and two-bedroom apartments with spacious indoor and outdoor living areas.

A diverse range of premium amenities has been meticulously integrated into the Victoria Residences tower across two levels.

[smartcode_project:default project_id=107928 project_image_fid=234093]

On the podium, residents will find The Victoria Club—a collection of stunning pools and places to relax, gather and play, all surrounded by spectacular verdant landscaping.

The Victoria Club includes a swimming pool, gym, wellness room, yoga lawn, residents’ lounge, children’s area, cinema, outdoor dining, and barbecue pods.

High atop the tower, the Victoria Sky Lounge offers a luxurious lounge and private dining with panoramic Gold Coast views.

The Sky Lounge provides first-class amenities like a sports lounge, private meeting rooms, and two other lounges.

[smartcode_project:default project_id=107928 project_image_fid=234092]

The second tower, Albert Residences, offers luxurious, home-sized residences starting at $1.99 million, with panoramic views of the Gold Coast's natural landscape.

Albert Residences features lifestyle inclusions such as a pool, spa, sauna, steam room, gymnasium, zen garden, yoga lawn, and studio.&nbsp;

Meanwhile, the Albert Sky Lounge offers residents a sky lounge with a wraparound balcony, indoor and outdoor dining areas, a wine cellar, a library, and more.

[smartcode_project:default project_id=107928 project_image_fid=234094]

<a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A Broadbeach</a> also includes two levels of premium office space, commercial facilities, and a new ground-level retail arcade accessible to all residents and the public.

<a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a> is now in the second construction phase, which is to be undertaken by&nbsp;Iris Capital's new construction arm, Iris Built,.

<a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A</a>&nbsp;is expected to be completed in early 2026.

From the moment residents step inside the spectacular lobby at V&A, they will experience the best resort-style living without having to leave home

Urban Editorial

"A quintessential resort-style lifestyle every day of the year": Inside Broadbeach's Victoria & Albert resident facilities

Developer Iris Capital has joined the growing number of developers bringing construction in house.

Approaching completion of early construction works by CF Group, the Sam Arnaout-led developer will be building the next stage of construction of its much anticipated two-tower development Victoria &amp; Albert by itself.

They've announced Iris Built, already fully licensed with the QBCC. They've assembled an experienced and dedicated Tier 1 construction team with extensive major project experience to focus fully on the delivery of V&amp;A.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction,

The Iris Built team will continue to work closely with Eastview Australia, an experienced project management business that has been delivering major high-rise developments on the Gold Coast for over 20 years.

This structure will allow the project to be delivered to the highest possible standards, with an Iris Group business acting in the capacity of builder.

[smartcode_project:default project_id=107928 project_image_fid=208685]

Over half of the 399 apartments in Victoria &amp; Albert have sold.

The apartments have been designed by renowned&nbsp;<a href="/architects/dbi">architecture firm DBI</a>, who drew inspiration from the coastal environment.

V&amp;A is being built in the heart of&nbsp;<a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, on the old Niecon Plaza site, which has been demolished. The towers will sit atop a $200 million commercial, retail and fresh food precinct.&nbsp;Colliers sales agent Paul Putsay says the commercial offering has&nbsp;particularly resonated with buyers from Melbourne and Sydney, who appreciate the convenience and vibrancy offered by a vibrant commercial hub.

[smartcode_project:default project_id=107928 project_image_fid=198884]

V&amp;A will also feature&nbsp;a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

The project also includes a residents sky lounge on the top level of the Victoria tower, complete with luxury dining, lounge, wellness, and work zones, taking in ocean and city skyline views.

[smartcode_project_cta:default project_id=107928]

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction

Iris Built

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