Development profile / Tweed Coast / Apartments

Substance

An apartment development in Tweed Heads by Rossco Developments, currently under construction.

Location: Tweed Heads, Tweed Coast
Residence: 1–3 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. Council records describe the approved use as: New apartment development 'Substance' at 26 Recreation Street, Tweed Heads. Estimated completion 2026.. Additional detail on record — expected completion: 2025. Buyers should independently verify current availability, pricing, inclusions, contract terms and expected completion timing before proceeding.

Rossco Developments's track record: Over 15 projects; past projects include Substance, Leisure Lea, Ayana. Confirm current financial standing before committing.

Confirm current council approval status directly with the local council.

Request current pricing and compare it against recent comparable sales in the area.

Verified project data

Development details on record.

Address: 26 Recreation Street, Tweed Heads NSW 2485
Developer: Rossco Developments
Builder: Not publicly disclosed
Construction stage: Under Construction
Expected completion: 2025
Council DA status: Approved — DA number: Investigating
Apartment types: 1BR: N/A, 2BR: N/A, 3BR: N/A
Floor plan sizes: 1BR: N/A, 2BR: N/A, 3BR: N/A
Parking / garage: Separate strata car space (1 car)
Starting price: Price on application
Number of residences: 22
Buyer incentives: None disclosed
Developer founded: 1998
Developer head office: Tweed Heads, QLD
Developer market segment: Mid-market / Premium

Rossco Developments's notable past projects: Leisure Lea (Bilinga, 2021); Ayana (Tweed Heads, 2022)

Visit the official project website ↗︎

Selling agent: Kelly Annakin, Chris Holt, McGrath Coolangatta | Tweed Heads, 07 5506 8900

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 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.

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.