First published 12 Nov 2026, 4:00am
Sea Glass, a Broadbeach Gold Coast development by DVB Projects, has sold more than 50 per cent of its homes with fewer than 15 left.
Just over a dozen homes are left to buy in a $300m tower under construction in Broadbeach, offering buyers a chance at luxury full-floor homes on the Gold Coast seaside.
‘Sea Glass’, the first development in the area by DVB Projects, has now sold more than half of its 29 residences, passing $150m in sales halfway through construction.
Building is set to finish in the final quarter of 2027, after a years-long legal battle with the Gold Coast City Council delayed the project.
The 26-storey building is expected to finish construction in Q4 2027, having started building in 2025 after a years-long legal battle for approval.
The building at 2 First Ave is made up 26 floors, looking directly over the ocean with an uninterrupted view.
Still up for sale are half-floor units at a starting price of $5.5m, several full-floor skyhomes beginning at $12.25m, and a three-level penthouse going for a massive undisclosed price.
This is the first of several planned projects in the Gold Coast from DVB, who currently have a portfolio of Sydney developments worth more than $1b combined.
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The cheapest unit up for grabs is a half-floor residence at $5.5m. Full-floor apartments start at $12.25m, while a price has not been disclosed for the huge three-storey penthouse.
Marketed by Pezet Matheson, managing director Jayde Pezet said locals were the biggest demographic rushing for a unit in the building.
Most of our buyers know the coast intimately,” he said. “They’ve watched the beachfront for years, and they’ve recognised this as a once-in-a-generation opportunity.
“We’re also seeing interstate purchasers who want the space and finish of a prestige home, without the upkeep, and with views they’ll never lose.”
The largest demographic of buyers have been Gold Coast locals looking to upgrade to a property with completely uninterrupted beach views.
The project was stalled in 2021 when the Gold Coast City Council rejected DVB’s development application, citing the potential to cast too large of a shadow on nearby unit blocks.
The matter was taken to the Planning Environment Court, where a judge visited the site and determined sizeable shadows were already being made on several blocks by other buildings and vegetation nearby.
The council’s refusal was then overruled, at an additional cost of $2m for the developer.
Development approval was initially rejected by the Gold Coast Council due to fear of casting a large shadow over other areas, which was overruled by the Planning Environmental Court.
DVB managing director Dean Brown said his team was happy to have secured Hutchinson Builders as their construction company, who started building on the site in 2025.
“In today’s construction climate, securing a builder of Hutchies’ calibre is no small feat,” he said.
“While the delay was frustrating, it did give us valuable time to collaborate closely with our architects and consultants.”
Breeze, a $317m Broadbeach development at 137 Old Burleigh Rd, is the second Gold Coast project in the works from DVB.
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