QNY Plans $120m Highrise for Unstoppable Broadbeach

The steady stream of highrise development proposals keeps flowing at Broadbeach on the Gold Coast.

Gold Coast-based developer QNY, led by Anthony Quinn, has filed plans for a $120-million, 25-level tower dubbed Camilla.

It is earmarked for a 582 sqm corner site at 162 Surf Parade, one block back from the beach and opposite the Broadbeach Bowls Club.

Quinn said that with protected panoramic parkland and ocean views, the site was “a rarity in today’s market”.

“Camilla caters for the prime market demographic of local downsizers, interstate migrants and international buyers … the perfect investment, lifestyle-focused primary residence or lock-and-leave weekender,” he said.

Nearby, construction is in full swing on the 20-level No. 21 Broadbeach—a joint venture between QNY and Glenvill Developments at 21 Broadbeach Boulevard.

QNY is going it alone on its latest proposal, which also would feature bathhouse-style wellness amenities, including pools, cabanas, a spa, steam room, sauna, gym, outdoor lounges and alfresco dining spaces.

The scheme—including a cascading waterfall at its entry point—has been designed by Brisbane-based architecture studio Carr.

Carr director Stephen McGarry said with the proposed tower angled to the coast, the tower design “celebrates the natural beauty of its surroundings”.

Pending approval, construction is expected to start in the third quarter of 2026.

Meanwhile, new research released by Queensland’s Property Council indicates the outlook for the Gold Coast’s apartment market remains challenging, with worsening supply constraints and a stagnant development pipeline threatening to derail the city’s ability to meet its housing targets.

▲ A rendering of the 25-level apartment tower proposed for 162 Surf Parade.

According to the study conducted by Urbis, about 58 per cent of apartments due for completion in 2027-2028 were “at moderate or high risk of delay or withdrawal”.

“While the Gold Coast saw a solid uptick in new projects coming to market throughout 2024, based on our understanding there is a real risk that this will decline over the remainder of 2025,” Urbis director Paul Riga said.

“A reduction in new product will only exacerbate the demand/supply gap, with the real impact being felt over the coming years for both purchasers and renters.”

Property Council Queensland executive director Jess Caire said the State Government needed to pull every available lever to boost future supply.

“The further we fall behind our housing targets the greater the deficit grows and the more challenging it will be to make inroads into our housing crisis,” she said.

“Under the regional plan, the Gold Coast needs to deliver around 5,643 attached dwellings per year between 2021 and 2031. But since 2019, the city has fallen well short of these targets, delivering less than a third of this target annually.

“This reinforces the scale of the challenge that the Gold Coast has in front of it and the need for bold yet considered policy.”