Development profile / Tweed Coast / Apartments

Marine & Pearl

An apartment development in Kingscliff by Allera, currently under construction.

Location: Kingscliff, Tweed Coast
Residence: 4 bedrooms
Status: Under 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: Development of two 4-storey apartment blocks comprising 24 apartments, predominantly three-bedroom configurations, with unobstructed ocean views.. Additional detail on record — views: Ocean, hinterland; expected completion: August 2026. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Allera's track record: established 2020. Confirm current financial standing before committing.

Review council DA DA24/0449.01 (Approved) and any conditions of consent.

Compare the $1,350,000 starting price against recent comparable sales in Kingscliff.

Verified project data

Development details on record.

Address: 140-142 Marine Parade, Kingscliff NSW 2487
Developer: Allera
Builder: Alroe Constructions
Construction stage: Under Construction
Expected completion: August 2026
Council DA status: Approved (DA24/0449.01)
Apartment types: 2-4 BR: 86-329sqm
Floor plan sizes: 2-4 BR: 86-329sqm
Parking / garage: Separate strata car space (2 car)
Starting price: From $1,350,000
Number of residences: 24
Views: Ocean, hinterland
Buyer incentives: None disclosed
Developer founded: 2021
Developer head office: Manly, NSW
Developer market segment: Mixed

Allera's notable past projects: Mona Vale Terraces (Mona Vale); Queenscliff Residences (Queenscliff); Avalon Beach Residences (Avalon Beach); Richlands Logistics Facility (Richlands, QLD); CABA Residences (Cabarita Beach, NSW); Precinct 8 Industrial Estate (Darra); Marine & Pearl (Kingscliff, NSW); Southlink Industrial Estate (Moss Vale, NSW); Mosman Residences (Mosman)

See the full Allera developer profile ↗︎

Visit the official project website ↗︎

Selling agent: Nick Witheriff, Witheriff Group, 0405 618 477; Shaun Carney, Witheriff Group, 0431 296 376; Matt Nielsen, Maddison Road, 0424 642 232

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 mid 2026
Construction stage: Under 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.

How we help you buy well

When a development looks right, the detail matters.

A development page can help you identify a project worth investigating. If you want independent support on a specific purchase, Breige can discuss a separate buyer-side engagement to help assess the builder and project, compare the proposed price, negotiate terms and navigate the steps through to settlement.

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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.