The Oracle, Skyscraper in Broadbeach, Australia

The Oracle is a two-tower luxury apartment development on a nearly full city block in Broadbeach, bounded by Elizabeth Avenue, Surf Parade and Charles Avenue. It consists of a 50-storey beach tower and a 40-storey hinterland tower above a retail gallery centred on Oracle Boulevard, with 505 one- to three-bedroom apartments.

The Oracle was developed by South Sky Investments, a subsidiary of Niecon, with architecture by Design By Innovation and construction by Melbourne-based Grocon. Assembling the site took over 15 years. In December 2010, South Sky Investments entered receivership after failing to settle up to 400 pre-sold apartments. The Peppers Broadbeach Hotel, a five-star hotel within the complex, opened in November 2010.

The Oracle's name and its retail heart, Oracle Boulevard, give the complex a commercial identity alongside its apartments. The Peppers Broadbeach hotel within the complex opened in November 2010, the second five-star hotel on the Gold Coast after Palazzo Versace. Residents share a 25 m heated lap pool, an in-house cinema with surround sound and an executive lounge.

The site is bounded by Elizabeth Avenue, Surf Parade and Charles Avenue in Broadbeach, so pedestrians reach the retail gallery and Oracle Boulevard from any of these three streets. The 505 apartments sit above the shops, with high-speed lifts serving the towers. The 25 m heated lap pool, spa, steam room, sauna and gym are sporting facilities within the complex.

The site is bounded by Elizabeth Avenue, Surf Parade and Charles Avenue — three streets, not four. Assembling this near-complete city block took over 15 years of land purchases before construction could begin.