Development profile / Tweed Coast / Apartments

Jade Apartments

An apartment development in Kingscliff by Bezzina Group, currently construction complete.

Location: Kingscliff, Tweed Coast
Residence: 3 bedrooms
Status: Construction Complete

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: New Apartments for sale in Jade Apartments. Additional detail on record — views: Ocean, leafy park; amenities: Gourmet kitchen with premium Bosch appliances, custom cabinetry, ducted air-conditioning, high ceilings, timber flooring, separate laundry, secure parking for two cars, ocean views, leafy park views.; expected completion: Construction complete. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Bezzina Group's track record: past projects include Jade, Tara Apartments. Confirm current financial standing before committing.

Review council DA DA22/0357.01 (Construction complete) and any conditions of consent.

Compare the $2,150,000 starting price against recent comparable sales in Kingscliff.

Verified project data

Development details on record.

Address: 230 Marine Parade, Kingscliff NSW 2487
Developer: Bezzina Group
Builder: Not publicly disclosed
Construction stage: Construction Complete
Expected completion: Construction complete
Council DA status: Construction complete (DA22/0357.01)
Apartment types: 3BR: 278m²
Floor plan sizes: 3BR: 278m²
Parking / garage: Separate strata car space (2 car)
Starting price: From $2,150,000
Price per sqm: $7,733/sqm
Number of residences: 6
Views: Ocean, leafy park
Key amenities: Gourmet kitchen with premium Bosch appliances, custom cabinetry, ducted air-conditioning, high ceilings, timber flooring, separate laundry, secure parking for two cars, ocean views, leafy park views.
Buyer incentives: None disclosed
Developer head office: Not found — articles mention Sydney/Sutherland Shire for Mick Bezzina, but no specific head office for the company.
Developer market segment: Ultra-luxury

Bezzina Group's notable past projects: Jade (Surfers Paradise, Gold Coast, 2006)

Developer reputation (public sources): Liquidation of Bezzina Builders No. 2 in 2008; $100 million Jade luxury apartment project in jeopardy; several building materials suppliers attracted ire; $4 million owed to 30 subcontractors (https://www.afr.com/companies/infrastructure/surfers-far-from-paradise-for-bezzina-20081003-j8wpx; https://www.apartments.com.au/news/qld/jade-penthouse-on-the-gold-coast-sold-by-mortgagee-for-a-third-of-dashed-boomtime-hopes; https://www.smartcompany.com.au/finance/more-property-projects-collapse-as-credit-dries-up/)

Visit the official project website ↗︎

Selling agent: Shaun Cardillo, Witheriff Group, 0416 190 170

2027 tax changes

What the 2027 rules mean here.

Needs confirming

Depends on when the certificate of occupancy was issued

This building is finished, so whether it still counts as new turns on the date of the certificate of occupancy and when you acquire — not on the fact that it is newly built. 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: Construction complete
Construction stage: Construction Complete
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

Understand the development team, delivery track record, project documents and the practical questions worth asking before you commit.

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.