Iris Capital create construction arm to build Victoria & Albert Broadbeach apartments

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction
Iris Capital create construction arm to build Victoria & Albert Broadbeach apartments
Joel Robinson October 19, 2023CONSTRUCTION UPDATE

Developer Iris Capital has joined the growing number of developers bringing construction in house.

Approaching completion of early construction works by CF Group, the Sam Arnaout-led developer will be building the next stage of construction of its much anticipated two-tower development Victoria & Albert by itself.

They've announced Iris Built, already fully licensed with the QBCC. They've assembled an experienced and dedicated Tier 1 construction team with extensive major project experience to focus fully on the delivery of V&A.

Local project manager Eastview Australia had been working away trying to identify builders who have the experience and strength to deliver the next phase of construction,

The Iris Built team will continue to work closely with Eastview Australia, an experienced project management business that has been delivering major high-rise developments on the Gold Coast for over 20 years.

This structure will allow the project to be delivered to the highest possible standards, with an Iris Group business acting in the capacity of builder.

Over half of the 399 apartments in Victoria & Albert have sold.

The apartments have been designed by renowned architecture firm DBI, who drew inspiration from the coastal environment.

V&A is being built in the heart of Broadbeach, on the old Niecon Plaza site, which has been demolished. The towers will sit atop a $200 million commercial, retail and fresh food precinct. Colliers sales agent Paul Putsay says the commercial offering has particularly resonated with buyers from Melbourne and Sydney, who appreciate the convenience and vibrancy offered by a vibrant commercial hub.

V&A will also feature a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

The project also includes a residents sky lounge on the top level of the Victoria tower, complete with luxury dining, lounge, wellness, and work zones, taking in ocean and city skyline views.

New Apartments for sale in Victoria & Albert, Broadbeach

Access the latest brochure, pricing and floorplan details for Victoria & Albert.
+2
Victoria Residences Types C, D & F+
2 bedroom apartments from $1,235,000
Bedrooms:
2
Bathrooms:
2
Carparks:
1
Total area:
99m²
+1
Victoria Residences Types A & B
3 bedroom apartments from $2,140,000
Bedrooms:
3
Bathrooms:
2
Carparks:
2
Total area:
161m²
+1
Albert Residences Type Ca
2 bedroom apartments from $1,800,000
Bedrooms:
2
Study:
1
Bathrooms:
2
Carparks:
2
Total area:
149m²
Albert Residences Types Aa, Ba, Da, Ea, Fa & Ga
3 bedroom apartments from $2,151,500
Bedrooms:
3
Study:
1
Bathrooms:
2
Carparks:
2
Total area:
153m²
+1
Albert Residences Sub Penthouses
3 bedroom apartments from $8,250,000
Bedrooms:
3
Study:
1
Bathrooms:
3
Carparks:
3
Total area:
374m²
Albert Residences Penthouse
4 bedroom apartments from $18,000,000
Bedrooms:
4
Study:
1
Bathrooms:
4
Carparks:
4
Total area:
781m²

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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