Development profile / Tweed Coast / Apartments

PAMA Casuarina

An apartment development in Casuarina by DeMartini Fletcher, Holm Developments, currently under construction.

Location: Casuarina, Tweed Coast
Residence: 3 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. Additional detail on record — views: Ocean; amenities: Pool, BBQ area, Outdoor showers, Dog wash bay; expected completion: Q1 2025. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

DeMartini Fletcher, Holm Developments's track record: Multiple projects, including PAMA Casuarina, V Clayfield, Honu Moffat Beach, Ascot Row, Kai Kingscliff, Corner House, Atelier North, Moana Kingscliff, F & A Hamilton, Manly QLD.; past projects include PAMA Casuarina,…. Confirm current financial standing before committing.

Review council DA DA21/0637 (Not found) and any conditions of consent.

Compare the $1,060,000 starting price against recent comparable sales in Casuarina.

Verified project data

Development details on record.

Address: 5 Grand Parade, Casuarina NSW 2487
Developer: DeMartini Fletcher, Holm Developments
Builder: Hutchinson Builders
Construction stage: Under Construction
Expected completion: Q1 2025
Council DA status: Not found (DA21/0637)
Apartment types: 3BR: 271-447sqm
Floor plan sizes: 3BR: 271-447sqm
Parking / garage: Separate strata car space (2 car)
Starting price: From $1,060,000
Number of residences: 47
Views: Ocean
Key amenities: Pool, BBQ area, Outdoor showers, Dog wash bay
Pet friendly: Yes
Buyer incentives: None disclosed
Developer founded: 1980
Developer head office: Brisbane, QLD
Developer market segment: Mixed

DeMartini Fletcher, Holm Developments's notable past projects: Corner House (Stones Corner, QLD); PAMA Casuarina (Casuarina Beach, NSW); Manly (Manly, QLD); Enclave Residences (Wynnum, 2019)

Visit the official project website ↗︎

Selling agent: SRQ Projects

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 2025
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.

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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.