Is approval for the tower guaranteed?

No. The proposal needs a new development application, council assessment, and community consultation before any approval. Conditions could change height, traffic treatments, or staging. Investors should watch for DA lodgement, the assessment report, and the notice of decision to judge scope and timing confidence.

When could construction start and how long might it take?

Developers target a start this year, but timing depends on approvals, pre‑sales, funding, and builder appointment. Large coastal towers often run multi‑year programs, with site prep, podium works, and tower rise staged. Expect updates after DA milestones and once a main contractor is confirmed.

Will it be Australia’s tallest building if built?

At a proposed 340 metres, it would likely become Australia’s tallest building if delivered as planned. Final height depends on the approved design. Any approval conditions or engineering refinements could adjust the figure, but current guidance places it above existing prestige towers in Australia.

What could this mean for Surfers Paradise real estate?

Headline sales may set new prestige benchmarks, especially for ocean‑view and branded‑residence stock. The broader market impact should be modest due to the ultra‑luxury focus. Renovation and build costs could edge higher if trades tighten during construction, but rental dynamics are unlikely to shift much.

Law and Government

February 24: $1.5b Trump Tower Gold Coast Deal Moves Toward Approval

ByHuzaifa Zahoor February 24, 2026February 24, 2026

Trump Tower Gold Coast is back in focus after Altus said it signed an A$1.5 billion agreement with The Trump Organization to deliver a 340m, 91‑storey tower in Surfers Paradise. The plan includes about 270 apartments with prices likely starting at A$5 million, plus a six‑star resort, with construction targeted to begin this year. The project still needs a new development application. We see clear momentum for ultra‑luxury property and tourism on the Gold Coast, but timing, design, and delivery risks remain central for investors.