First look: 5Point doubles down on Old Burleigh Road, Broadbeach
Approaching completion of their luxury Broadbeach tower, Faro, builder-developer 5Point Projects is doubling down—not just in the same suburb, but on the same street.
5Point has lodged plans for a new high-rise at 108 Old Burleigh Road in Broadbeach, just a few hundred metres from Faro, which is being developed in partnership with Bottega Group.
The proposed development, referred to as 108OBR in planning documents, will comprise 37 luxury apartments within a 26-level tower designed by Cottee Parker. It will replace the existing two-level River Dell walk-up apartments on the 827 sqm site.
There will be a maximum of two units per floor from levels two to 19.
Resident amenities—including a swimming pool, spa, sauna, steam room, BBQ area, private dining room, lounge, and work-from-home facilities—will span levels 20 and 21, situated below four whole-floor, four-bedroom apartments. The penthouse will occupy two levels and feature a private gym, golf simulator, rooftop pool, sauna, steam room, and outdoor barbecue kitchen.
The Town Planning Report by UPS stated:
"Overall, the proposed development presents a unique and innovative urban rejuvenation of the subject site, further ensured through the high-quality architectural design that affords a comfortable, luxury living environment located within the central location of Broadbeach, and warrants the Council’s support and approval, subject to reasonable and relevant conditions."
108OBR expands 5Point's growing Gold Coast portfolio. As well as Faro Broadbeach, they have two developments underway on the Palm Beach beachfront, with over $160 million of apartments contracted across Palm Shores and Ophira.
The new Broadbeach project adds to the transformation of Old Burleigh Road. Developer Polycell is building The Rochester nearby, and has plans for two more projects on the indemand strip, while Graya recently launched Enclave by Graya.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey
