Premium residences for the Gold Coast

Palmera is a 52‑level beachfront residential tower being delivered by Multiplex for long‑term client Central Equity in the sought‑after Northcliffe precinct on the Gold Coast.

The $1 billion development marks the 20th collaboration between the two companies and reflects Central Equity’s confidence in both Multiplex and the region’s strong long‑term fundamentals.

Located at 18 Garfield Terrace, the project occupies a 3,239 sqm site near the Northcliffe Surf Life Saving Club, positioned between Broadbeach and Surfers Paradise.

Palmera will offer a collection of premium, spacious residences with expansive coastal outlooks, including three‑bedroom apartments, penthouses and skyhomes capturing uninterrupted views across Surfers Paradise to Burleigh Heads.

A sculptural six‑level podium anchors the building, incorporating extensive resort‑style amenities that support coastal living and owner‑occupier expectations for quality and longevity. With construction underway, Palmera reinforces Multiplex’s role in shaping the Gold Coast skyline and delivering high‑end residential outcomes.