Clarence Property selling final beachside development sites at Casuarina Beach


October 2025
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Clarence Property selling final beachside development sites at Casuarina Beach

Clarence Property has placed the final beachside development sites at Casuarina Beach on the market in a move aimed at capitalising on solid demand for premium residential offerings on the Tweed Coast.

The five sites, forming the balance of Casuarina Town Centre, are primed for medium-density mixed-use projects which, once completed, will mark the completion of the Casuarina Beach master plan after 25 years of progression.

The sale is the final stage of a managed exit of the successful development by Clarence Property, which has been responsible for most of the development in the sought-after precinct since acquiring the balance of Casuarina Beach in 2012.

The sale of this major landholding along the Tweed Coast beachfront is being managed by Brendan Hogan and Jackson Robinson, of Colliers, through an expressions-of-interest campaign.

The holding comprises five sites totalling 9,663sqm, with individual lots ranging from 1,283sqm to 2,482sqm.

The sites are being offered in one line or individually, with Colliers anticipating significant interest in the strategic assets from local and national developers.

“This is one of the most significant beachside development opportunities on the Tweed Coast, and arguably in the whole northern NSW coastal region, for many years,” said Mr Hogan, Colliers’ Director Residential.

“The exceptionally strong appetite for Tweed Coast beachside residential property, along with consistent price growth and the development-ready nature of these sites, has piqued the interest of several parties. Opportunities of this scale and quality are increasingly hard to find on the coastal strip.”

Stockland’s recent acquisition of the Kings Forest site (500 metres to the west of the subject offering), for c$621 million, marks the second-largest development site sale in Australian history. This landmark deal shines a spotlight on the Tweed Coast, with one of Australia’s largest ASX-listed developers committing to delivering the project.

“The Stockland acquisition underscores the Tweed Coast’s emergence as one of the most compelling residential markets in Australia. Casuarina Beach is now the final beachfront land release in this region, providing developers with an opportunity that simply cannot be repeated.”

The Casuarina Beach sites feature substantial established urban infrastructure with civil works completed, while their central location within the Casuarina Beach Town Centre benefits from concept plan and project approval.

The concept plan permits development of three-storey and four-storey buildings, up to 13.6 metres, with a range of land uses including shop-top housing, as well as three-storey residential-only boutique apartments.

The sites which straddle the central promenade, Grand Parade, all have dual-street frontage, while the prime beachfront location will deliver expansive ocean views for upper-floor residential apartments.

“We are expecting this offering to attract boutique developers looking for approved premium beachside sites, while it could also appeal to larger national groups looking to secure all five sites in one line, drawn by the limited chance to deliver a landmark mixed-use beachside precinct in a highly successful, proven community,” said Mr Hogan.

“Demand for residential property on the Tweed Coast is being driven by local downsizers and seachangers, many from Sydney, looking to secure premium residential product close to the beach, which is reflected in exceptional prices of up to $19,000 per square metre (gross) being achieved in recent projects at Casuarina Beach and nearby Cabarita and Kingscliff.”

According to realestate.com.au, the median unit price at Casuarina Beach has grown by 23.2 per cent over the 12 months to August 2025.

Clarence Property CEO Simon Kennedy said, “Casuarina Beach has been a significant land subdivision project within our portfolio for more than a decade, and the timing is now right to bring these higher density sites to the market”.

“We see this as an exciting opportunity for a developer to build out the final pieces of the Casuarina master plan during a period of limited supply, heightened demand and continuing growth across the Tweed-Gold Coast region.”

According to recent research from Par8o, the entire Northern Rivers region of NSW is facing a significant undersupply of residential dwellings.

The National Forecasting Program estimates that the Casuarina population will grow by 1.7 per cent per annum to 2046, much faster than the 1.05 per cent forecast for Tweed Shire as a whole.

The Tweed Coast has become a major drawcard for relocators due to its easy and direct commute to nearby Gold Coast business precincts and amenities.

The sites on offer by Clarence Property are nestled between the beach to the east, and the thriving Casuarina Village to the west, home to Coles and a range of specialty stores and dining options including The Commons retail and dining precinct.

Gold Coast Airport is a 15-minute drive, and the recently completed Tweed Valley Hospital is just a 6-minute drive from the sites.

Expressions of interest for the sites will close at 4pm AEST on 19 November 2025.

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