The Oracle, Queensland facts for kids
Quick facts for kids The Oracle |
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| General information | |
| Status | Complete |
| Type | Residential/Retail/Hotel |
| Location | Broadbeach, Gold Coast, Australia |
| Coordinates | 28°01′50.6″S 153°25′56.8″E / 28.030722°S 153.432444°E |
| Opening | 2010 |
| Height | |
| Roof | 160 metres (520 ft) / 130 metres (430 ft) |
| Technical details | |
| Floor count | 50 / 40 |
| Design and construction | |
| Developer | Niecon Developments |
| Main contractor | Grocon |
| References | |
| The Oracle Broadbeach | |
The Oracle is a huge, fancy building project in Broadbeach, on the Gold Coast, Queensland, Australia. It cost about $850 million to build! When it was finished, it was the tallest building in Broadbeach. It also had the most expensive apartment ever sold there.
The Oracle has two tall towers. One is called the "beach tower" and has 50 floors. The other is the "hinterland tower" with 40 floors. There's also a shopping area called "Oracle Boulevard" with shops and restaurants.
The Oracle was built by a company called Grocon. The designs were made by DBI, and the main developer was Niecon. This project includes one of only two five-star hotels on the Gold Coast.
Where is The Oracle?
The Oracle is located in Broadbeach, a suburb of the Gold Coast. It sits on a large piece of land that took over 15 years to put together. This land is almost a whole city block! It's surrounded by Elizabeth Avenue, Surf Parade, and Charles Avenue.
What's Inside The Oracle?
The Oracle was designed by Niecon Developments and DBI. It has two luxury towers, one with 50 floors and one with 40 floors. Below the towers, there's a gallery with cool shops, cafes, and restaurants.
There are 505 apartments in total, with one, two, or three bedrooms.
The building has lots of cool features for people living there:
- Fast elevators to get you up and down quickly.
- A relaxing water feature and a Zen garden.
- A special lawn for tai chi, which is a gentle exercise.
- A heated swimming pool that's 25 meters long.
- An indoor spa, steam room, and sauna for relaxing.
- A gym for working out.
- An in-house movie theater with amazing sound.
- Private lockers for storing wine.
- A special lounge for residents.
- A Teppanyaki grill, where chefs cook food right in front of you!
A five-star hotel called Peppers Broadbeach Hotel is also part of The Oracle complex. It opened in November 2010.
What Happened in 2010?
In December 2010, the company that developed The Oracle, South Sky Investments, faced some money problems. They couldn't complete the sales of about 400 apartments that had already been pre-sold. These apartments were very expensive, ranging from A$850,000 to A$12 million. Many of these sales were made before the global financial crisis made things difficult for everyone.
