Tower plans rising 25 storeys have been filed for the southern edge of  Surfers Paradise next to the tourist hotspot’s long-established Cascade Gardens parkland.

Developer Homecorp Property Group—led by Ron Bakir and backed by Japanese corporate giants Toyota and Panasonic—is behind the proposal.

It is earmarked for a 1495sq m site at 24 Monte Carlo Avenue neighbouring the waterfront park established in the 1950s that spans several hectares and features a Kokoda Memorial Walk.