Bassar Group starts construction on $180m Avva Broadbeach tower ahead of presales

Key points

• Bassar Group has started construction on its $180m Avva tower in Broadbeach, Gold Coast, before the project goes to market. Piling and excavation at the 19–21 Anne Ave site are complete.
• The 56-apartment project is not expected to launch to the market until 2027. Bassar Group managing director Leo Sarris said the company remains committed to the Gold Coast despite negative sentiment in the property sector.
• Construction is targeted for completion in the first quarter of 2029.