Versatile builds MRCB's $600m 26 Vista tower, Surfers Paradise

The report says more than 70 per cent of the project is sold, with buyers mainly downsizers looking for luxury apartment living. The report does not say how many apartments make up the base.

26 Vista is not the 25-27 Vista Street scheme that City of Gold Coast approved in October, which is a separate project by a different developer. The two should not be conflated.

MRCB International is also behind Maris in Southport. The report puts the combined end value of the two Gold Coast projects at more than $800 million.

The numbers

• Cost: $600 million, 51 storeys.
• Sales: more than 70 per cent sold, with prices from $1.865 million.
• Mix: one, two and three bedroom apartments, plus a sub penthouse and penthouse collection and two floors of resort-style amenities.
• Completion: mid-2030.
• Pipeline: 26 Vista and Maris together exceed $800 million in end value.

The report states the partnership is expected to support hundreds of construction jobs, with flow-on work for local trades and suppliers. It does not give a job count or a contract value for Versatile.

MRCB International’s sales and marketing director said the company is delighted to partner with Versatile and framed the commitment as a reflection of its belief in the Gold Coast’s long-term fundamentals. Versatile’s Queensland head of construction said its approach of controlling delivery across the supply chain gives the developer visibility of cost, program and quality, and that this strengthens buyer confidence in delivery.

What’s next

Main construction is the next stage, with completion mid-2030 per the report. It does not give a main construction start date, an architect or planning approval details.

Anyone supplying trades or materials to the build should expect procurement to run through Versatile, which the report says will control delivery across the supply chain.

Source: News Corp Australia via realestate.com.au, 13 Nov 2026.

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