Development profile / Gold Coast / Apartments

Casilia Residences, Kirra Point

An apartment development in Coolangatta by KTQ Group, currently pre-construction.

Location: Coolangatta, 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 MCU2300852 PN5548/01/DA1 INDOOR RECREATION (ALTERATIONS & ADDITIONS TO SURF CLUB) - Lot 169 Marine Parade, COOLANGATTA QLD 4225. Additional detail on record — views: Ocean, Surfers Paradise, Kirra headland, hinterland; amenities: Rooftop, resort pool, mineral spa, residents BBQ cantina, secure parking; expected completion: Q1 2027. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

KTQ Group's track record: 6 projects (Kirra Point Holiday Apartments, Kirra Point Precinct, Elements of Byron, Byron Solar Train, Orion on Rowe, Orion Coorparoo); past projects include Elements of Byron, Kirra Point Precinct, Orion Coorparoo. Confirm current financial standing before committing.

Review council DA MCU/2023/189 (Withdrawn - No Decision) and any conditions of consent.

Compare the $1,850,000 starting price against recent comparable sales in Coolangatta.

Verified project data

Development details on record.

Address: 16 Marine Parade, Coolangatta QLD 4225
Developer: KTQ Group
Builder: Not publicly disclosed
Construction stage: Pre-construction
Expected completion: Q1 2027
Council DA status: Withdrawn - No Decision (MCU/2023/189)
Apartment types: 2BR, 2BR + MPR, 3BR, 3BR + MPR
Starting price: From $1,850,000
Number of residences: 87
Views: Ocean, Surfers Paradise, Kirra headland, hinterland
Key amenities: Rooftop, resort pool, mineral spa, residents BBQ cantina, secure parking
Buyer incentives: None disclosed
Developer founded: 2013
Developer head office: Fortitude Valley, QLD
Developer market segment: Premium

KTQ Group's notable past projects: Kirra Point Holiday Apartments (Kirra Beach); Kirra Point Precinct (Kirra Beach); Elements of Byron (Byron Bay, NSW); Byron Solar Train (Byron Bay, NSW); Orion on Rowe (Caboolture, QLD); Orion Coorparoo (Coorparoo, QLD)

Visit the official project website ↗︎

Selling agent: Tim Keenan, Sales Director, +61 419 300 832

2027 tax changes

What the 2027 rules mean here.

Likely new dwelling

Likely to qualify as a new residential dwelling

This is being sold before completion, so a first buyer is the kind of purchase the carve-out is aimed at — it keeps the 50% CGT discount and stays negatively gearable. Treasury's exposure draft proposes a property acquired within 24 months of a certificate of occupancy being issued, but the test is set by a ministerial instrument that has not been made. Confirm eligibility in writing before you rely on it.

Completion: Estimated completion early 2027
Construction stage: Pre-construction
Completes after 1 July 2027: No

Why it matters: a qualifying new residential dwelling keeps the 50% CGT discount, sits outside the 30% minimum tax, and stays negatively gearable. An established dwelling bought after 12 May 2026 does none of those things. That gap is worth real money, and it is a question to settle in writing before you sign — not one a listing can answer.

Run the negative gearing numbers Run the CGT numbers

General information only, not tax advice. The calculators estimate basic income tax and exclude the Medicare levy, offsets and state taxes.

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Builder and project checks

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Price and value assessment

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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.