Adrenaline junkies could soon be walking among the clouds around the edge of the world’s tallest residential building if Dreamworld’s plan for an outdoor skywalk is approved.

The Australian theme park owner is planning to create a new adventure attraction in Australia’s Gold Coast with a climb around the top of the Q1 Tower, 230m above the ground.

Dreamworld owner Ardent Leisure has taken over rights to Qdeck – the observation attraction at the top of the structure – and lodged an application with the Gold Coast City Council to build a walkway around the outside of level 78 up to the start of the spire.

The QWalk climb has been heralded as a saviour for the local tourism industry, with the city desperately crying out for new attractions to lure repeat visitors.

"This type of attraction will be a key drawcard for the growing segment of adventure-seekers, which includes young backpackers who are looking for high thrill but unique adventure activities," said Gold Coast Tourism bosses Paul Donovan and Martin Winter.

Ardent Leisure’s hopes of having the QWalk up and running by this summer appear to be likely.