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Development profile / Gold Coast / Apartments
MYST Burleigh Heads
An apartment development in Miami by Frank Developments, currently under construction.
- Location
- Miami, Gold Coast
- Residence
- 3 bedrooms + penthouse
- Status
- Under Construction
Before you decide
What is worth verifying before you buy.
This profile is built from public sources: council development-application records, the developer's own disclosures and, where available, the project's official website. Council records describe the approved use as: MATERIAL CHANGE OF USE CODE MCU2700027 PN57552/01/DA3 ROOF TOP AND BBQ AREA - 254 The Esplanade, MIAMI QLD 4220. Additional detail on record — views: Ocean; amenities: Mineral Pool, Spa, Wellness Studio, Residents' Lounge, Residents' Dining, Entry; expected completion: Late 2027. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.
01
Frank Developments's track record: past projects include Maison, Della ROSA, Karthina Lane, Mira, ALBA. Confirm current financial standing before committing.
02
Review council DA MCU/2007/2700027 (Approved) and any conditions of consent.
03
Compare the $5,975,000 starting price against recent comparable sales in Miami.
Verified project data
Development details on record.
- Address
- 270 The Esplanade, Miami QLD 4220
- Developer
- Frank Developments
- Builder
- Not publicly disclosed
- Construction stage
- Under Construction
- Expected completion
- Late 2027
- Council DA status
- Approved (MCU/2007/2700027)
- Apartment types
- 3BR, Sub-Penthouse, Penthouse, Beach Home
- Starting price
- From $5,975,000
- Number of residences
- 32
- Views
- Ocean
- Key amenities
- Mineral Pool, Spa, Wellness Studio, Residents' Lounge, Residents' Dining, Entry
- Buyer incentives
- None disclosed
- Developer founded
- 2019
- Developer head office
- Newstead, QLD
- Developer market segment
- Premium
Frank Developments's notable past projects: Laurent (Paddington, 2019); McNab Street (Paddington, 2019); Maison (New Farm, 2020); Harcourt Street (Teneriffe, 2021); Small Street (Teneriffe, 2021); Gould Lane (Herston, 2022); Ducale (Teneriffe, 2023); Della ROSA (New Farm, 2024); Karthina Lane (Bulimba, 2024); Five on Florence (Teneriffe, Unknown); TRAV HOUSE (New Farm, Unknown)
2027 tax changes
What the 2027 rules mean here.
Likely new dwelling
Likely to qualify as a new residential dwelling
This is being sold before completion, so a first buyer is the kind of purchase the carve-out is aimed at — it keeps the 50% CGT discount and stays negatively gearable. Treasury's exposure draft proposes a property acquired within 24 months of a certificate of occupancy being issued, but the test is set by a ministerial instrument that has not been made. Confirm eligibility in writing before you rely on it.
- Completion
- Estimated completion late 2027
- Construction stage
- Under Construction
- Completes after 1 July 2027
- Yes
Why it matters: a qualifying new residential dwelling keeps the 50% CGT discount, sits outside the 30% minimum tax, and stays negatively gearable. An established dwelling bought after 12 May 2026 does none of those things. That gap is worth real money, and it is a question to settle in writing before you sign — not one a listing can answer.
General information only, not tax advice. The calculators estimate basic income tax and exclude the Medicare levy, offsets and state taxes.
How we help you buy well
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Tell us what you're looking for ↗︎Price and value assessment
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Contract, negotiation and next steps
Understand key terms and questions around sunset clauses, then approach price, inclusions and timing with a plan before you move forward.