Development profile / Gold Coast / Apartments

Rana Palm Beach

An apartment development in Palm Beach by Macquarie York, currently pre-construction.

Location: Palm Beach, Gold Coast
Residence: 2–3 bedrooms
Status: Pre-construction

Before you decide

What is worth verifying before you buy.

This profile is built from public sources: council development-application records, the developer's own disclosures and, where available, the project's official website. Council records describe the approved use as: MATERIAL CHANGE OF USE CODE MCU2600779 PN31001/01/DA1 APARTMENTS SHOPS CAFE OFFICE - 16-20 Seventh Avenue, PALM BEACH QLD 4221. Additional detail on record — views: Ocean, hinterland; amenities: Pool, gym, sauna, yoga spaces; expected completion: Q4 2028. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Macquarie York's track record: past projects include Azariah Palm Beach, Rana Palm Beach, Sunset Residences, Allure development. Confirm current financial standing before committing.

Review council DA MCU/2006/2600779 (Approved) and any conditions of consent.

Request current pricing and compare it against recent comparable sales in the area.

Confirm the deposit structure: 10% on exchange, balance on settlement.

Verified project data

Development details on record.

Address: 16-20 Twenty Third Avenue, Palm Beach QLD 4221
Developer: Macquarie York
Builder: Not publicly disclosed
Construction stage: Pre-construction
Expected completion: Q4 2028
Council DA status: Approved (MCU/2006/2600779)
Apartment types: 2BR: From 92sqm, 3BR: Up to 148sqm
Floor plan sizes: 2BR: From 92sqm, 3BR: Up to 148sqm
Parking / garage: Secure basement parking
Starting price: Price on application
Number of residences: 54
Views: Ocean, hinterland
Key amenities: Pool, gym, sauna, yoga spaces
Deposit structure: 10% on exchange, balance on settlement
Buyer incentives: None disclosed
Developer founded: 2008
Developer head office: Sydney, NSW; Gold Coast, QLD
Developer market segment: Mixed

Visit the official project website ↗︎

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Price and value assessment

Compare the proposed purchase with relevant supply, competing projects and the individual qualities that affect long-term appeal. Outcomes can vary and are never guaranteed.

Contract, negotiation and next steps

Understand key terms and questions around sunset clauses, then approach price, inclusions and timing with a plan before you move forward.