PROPERTY
FARO: Redefining Luxury Beachside Living In Broadbeach
WORDS: Ocean Road Magazine PHOTOGRAPHY Supplied
The new standard for luxury beachside living
Faro, an $80 million vertical village, is setting new standards for luxury beachside living in Broadbeach. With over half of its residences already sold and the penthouse recently selling for over $12 million at a record price of over $30,000 per square meter, Faro is on track to become one of the most coveted addresses on the Gold Coast. The project’s swift sales highlight its appeal to discerning buyers seeking opulence, modern amenities, and a prime location. Faro is well under construction with project completion due October 2025.
A joint venture between 5Point Projects and Bottega Group, Faro is located at 123 Old Burleigh Road. This iconic site is being transformed into a luxurious vertical village by the award-winning 5Point Projects and the renowned Plus Architecture.
Rising 21 levels, Faro features 11 full-floor sky home apartments, three expansive two-level sub-penthouses, and a stunning three-level penthouse. Each full-floor sky home offers ocean views, three bedrooms, and expansive open-plan living areas with large ocean-facing balconies, ensuring residents enjoy breathtaking coastal vistas.
The sub-penthouses and penthouse elevate luxury further, offering five bedrooms, five bathrooms, spacious living areas, separate dining rooms, and home cinemas. The penthouse is a masterpiece, boasting a private rooftop entertainment area with a swimming pool, sundeck, outdoor kitchen, dining area, and lounge, all serviced by a private internal lift.
Faro residents will enjoy a host of premium on-site amenities designed to enhance their living experience. The first-floor recreation terrace offers a sanctuary of relaxation and entertainment, featuring a magnesium pool, private lounges, a gymnasium, cabanas, and an outdoor barbecue and entertaining area. The ground floor includes ample bike storage, a mail room with a parcel locker system, and three levels of basement parking with an EV fast-charging station in the visitor’s bay.
This vertical village blends sophisticated design, prime location, and superior amenities, making it the first choice for those seeking a luxurious beachside residence. With construction underway and a strong market response, Faro is poised to redefine coastal living standards on the Gold Coast.
5Point Projects has a strong reputation for delivering successful luxury developments in Brisbane and on the Gold Coast. Their portfolio includes acclaimed projects like One Palm Beach, One Burleigh Headland, One Bulimba, Obsidian Apartments, Perspective 488, and Perspective Two Sea. Faro incorporates the best features from these projects, highlighting 5Point’s commitment to excellence and innovation in residential development.
Visit: www.farobroadbeach.com.au for more information.