Development profile / Gold Coast / Apartments

South Beach

An apartment development in Surfers Paradise by Andrews, currently under construction.

Location: Surfers Paradise, Gold Coast
Residence: 1–3 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 MCU201300673 PN64524/01/DA3 7D CINEMA (MOTION SIMULATOR RIDE) - 34 Trickett Street, SURFERS PARADISE QLD 4217. Additional detail on record — views: Ocean; amenities: Resort-style pools, private cabanas, spa facilities, fitness centres, dining experiences, Sunrise & Sunset Pools, Fitness Centre by Technogym, Indoor Hydrotherapy Pool, Traditional & IR Saunas, Red-Light Therapy & Treatment Rooms, Cinema & Co-Working Lounge; expected completion: Early 2029. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Andrews's track record: 10 projects; past projects include Cascade, Dune, Beach House, Encore, Vue. Confirm current financial standing before committing.

Review council DA MCU/2013/673 (Approved) and any conditions of consent.

Compare the $1,090,000 starting price against recent comparable sales in Surfers Paradise.

Verified project data

Development details on record.

Address: 3006-3016 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
Developer: Andrews
Builder: Andrews
Construction stage: Under Construction
Expected completion: Early 2029
Council DA status: Approved (MCU/2013/673)
Apartment types: 1BR, 2BR, 3BR, Penthouse
Starting price: From $1,090,000
Number of residences: 394
Views: Ocean
Key amenities: Resort-style pools, private cabanas, spa facilities, fitness centres, dining experiences, Sunrise & Sunset Pools, Fitness Centre by Technogym, Indoor Hydrotherapy Pool, Traditional & IR Saunas, Red-Light Therapy & Treatment Rooms, Cinema & Co-Working Lounge
Buyer incentives: None disclosed
Developer founded: 2003
Developer head office: Broadbeach, QLD
Developer market segment: Luxury

Andrews's notable past projects: Cascade (Robina); Dune (Main Beach); Beach House (Broadbeach); Encore (Broadbeach); Vue (Broadbeach); Allegra (Southport, 2018); South Hamptons (2017); Outlook (2016); One33 (2015); Metro88 (2014)

Visit the official project website ↗︎

Selling agent: Kyle, 0499 902 874

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 early 2029
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.

Run the negative gearing numbers Run the CGT numbers

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

When a development looks right, the detail matters.

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Builder and project checks

Understand the development team, delivery track record, project documents and the practical questions worth asking before you commit.

Price and value assessment

Compare the proposed purchase with relevant supply, competing projects and the individual qualities that affect long-term appeal. Outcomes can vary and are never guaranteed.

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.