Palmera Residences: a home built on 40 years of trust

AT A GLANCE: 

• Developer: Central Equity
• Builder: Multiplex
• Address: 18 Garfield Terrace, Surfers Paradise, QLD 4217
• Estimated Completion Date: 2029

Central Equity has spent almost 40 years building confidence into every home it delivers, having developed more than 87 developments worth over $8 billion since 1987. At Palmera Residences, that experience is paired with construction by Multiplex, one of the world’s most respected builders, giving buyers a rare kind of certainty in an off-the-plan home.

“Having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia’s most respected construction companies,” says Karl Kutner, director of Central Equity.

“We believe one of the key reasons for a strong sales result is the confidence purchasers have in knowing the project is under construction with Multiplex.

“Buyers are increasingly looking for certainty.

“They want to know that the project they commit to today will be delivered by an experienced team with a proven track record.”

A prestigious address, 60 metres from the sand

Set on Garfield Terrace in Northcliffe, a quiet residential pocket between Surfers Paradise and Broadbeach, Palmera sits approximately 60 metres from Northcliffe’s patrolled beach and a short walk from Northcliffe Surf Club. This premium positioning has attracted buyers of a wide range of lifestyles.

“We’re seeing strong interest from owner-occupiers, lifestyle buyers, and people relocating to the Gold Coast,” Karl said.

“Many purchasers have been searching for a premium beachside residence where quality, design, and delivery are equally important.”

It’s no wonder buyers are loving the address, with the Gold Coast Oceanway running past the front door, connecting residents on foot from Burleigh Heads to The Spit, and the G:link light rail nearby offering easy access up and down the coast.

Resort-style living across 1,300 sqm of amenities

Palmera’s landscaped podium delivers more than 1,300 sqm of wellness and entertaining space, just an elevator ride away from home.

This means weekends will look like Saturdays starting with laps in the lap pool before the sun gets too high, then a coffee from the residents’ lounge before the heat sets in. By midday, the family pool and cabanas are where you’ll find everyone else - kids in the water, parents stretched out on the loungers, someone firing up one of the three BBQ dining areas for lunch.

Sunday morning might look different: a slower start with the yoga studio to yourself, then a soak in the indoor mineral pool, a stretch in the sauna, and a session in the indoor/outdoor gym before the day properly begins. None of it requires a car, a booking, or leaving the building, just the walk down from home.

Homes designed for the coast

Joining the project team to design the homes are architects Marchese Partners and interior design studio DBI. The residences feature generous floorplans, expansive balconies and, in most homes, ocean views stretching along the coastline.

Corner living areas with full-height windows bring in natural light, while kitchens are fitted with integrated Miele appliances, oversized natural stone benchtops and brushed nickel hardware. Master ensuites include a freestanding bath, and each three-bedroom residence comes with two secure car spaces.

Palmera is backed by construction finance from NAB, rounding out a team with a long track record of successfully delivering on the Gold Coast and beyond.

Homes start from $2.49 million for a three-bedroom home with a study, three baths, two car parking spaces, and ocean views.

Construction is underway and completion is expected in 2029. The display suite at Level 10, 50 Cavill Avenue, Surfers Paradise, is open Monday to Saturday from 10 am to 5 pm by appointment.

Click here to learn more or to enquire about Palmera Residences.