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MRCB appoints Versatile Construction as builder for $600 million 26 Vista tower

Market Insights
17 hours ago
2 minutes

MRCB International has appointed Australian builder Versatile Construction to deliver 26 Vista, its $600 million, 51-storey residential development in Northcliffe, Surfers Paradise, marking the tower’s transition from early works into main construction. 

More than 70% of the residences are sold, with completion anticipated in mid-2030.

The residential tower is located in Northcliffe, a pristine pocket in Surfers Paradise just moments from the beach, offering residents a rare combination of coastal tranquillity and urban convenience.

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26 Vista sits within Gold Coast's Northcliffe, and is 70% sold out.

26 Vista is the first of MRCB International's two Gold Coast developments, alongside Maris in Southport. 

Together, the two developments, which are now both under construction, represent a combined end value of more than $800 million.

The appointment marks 26 Vista’s transition from early works into main construction. 

The civil contractor that began site works in November last year has been novated to Versatile, ensuring a seamless handover into the main build.

The appointment lands at a time when the construction sector faces rising material and labour costs and tightening subcontractor capacity. 

Locking in a contract with a well-capitalised builder has become significantly more challenging.

“We’re delighted to be partnering with Versatile to deliver 26 Vista,” said Kevin Zhang, sales and marketing director at MRCB International. 

“Our commitment to the Gold Coast reflects our belief in its long term fundamentals: strong population growth, enduring lifestyle demand and a genuine shortage of new, quality homes.”

“Versatile Construction and MRCB are a natural strategic fit with a shared commitment to delivering excellence," said Ben Richardson, Versatile’s Head of Construction for Queensland.

"Our approach to construction, controlling delivery across the entire supply chain, gives MRCB clear visibility of cost, programme and quality. 

"That assurance strengthens buyer confidence that 26 Vista will be delivered as promised.”

26 Vista will comprise a collection of one, two and three bedroom apartments, crowned by an exclusive sub-penthouse and penthouse collection, offering an elevated coastal lifestyle in the heart of the Gold Coast. 

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One, two and three bedroom apartments are on offer at 26 Vista.

Residents will enjoy two full floors of resort-style amenities, including extensive wellness facilities, cinema room and rooftop oasis with 360 degree ocean to hinterland views.

The award winning design is by DBI Design, a local but globally recognised architectural firm behind some of Gold Coast’s best known skyscrapers.

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The development is designed by DBI.

26 Vista is designed for buyers looking for a quality home without compromise, offering resort level amenity, stunning coastal outlooks and a level of design and finish suited to the discerning buyer.

Buyers have predominantly been downsizers seeking luxury apartment living in the region.

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