Builder and project checks
Understand the development team, delivery track record, project documents and the practical questions worth asking before you commit.
Ocean Rise, Kings Beach is 3 bedroom apartments by DCO Developments at 48 King Street, Kings Beach QLD 4551. Construction complete. DA approved.
A completed 14-apartment building of full-size 3-bedroom residences a four-minute walk from Kings Beach.
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This profile is built from public sources: the project's official website, builder disclosures and property-portal records. Ocean Rise is a completed seven-level building of 14 full-size three-bedroom apartments on King Street, about a four-minute walk to Kings Beach, with remaining and resale stock handled by Elite Lifestyle Properties. Buyers should independently verify current availability, pricing, inclusions, contract terms and title details before proceeding.
Topped out April 2025 and now complete — stock here is move-in ready rather than off the plan.
Confirm current availability with the agent; several residences have already settled.
Compare pricing (recorded sales $1,550,000-$1,900,000; top stock to $2,350,000) against recent Kings Beach sales.
Visit the official project website ↗︎
Selling agent: Elite Lifestyle Properties
Answers are drawn from council records and developer disclosures on this page and can change between releases. Verify anything you intend to rely on.
2027 tax changes
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.
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.
General information only, not tax advice. The calculators estimate basic income tax and exclude the Medicare levy, offsets and state taxes.
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.
Tell us what you're looking for ↗︎Understand the development team, delivery track record, project documents and the practical questions worth asking before you commit.
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.
Understand key terms and questions around sunset clauses, then approach price, inclusions and timing with a plan before you move forward.