Thursday, August 24, 2023

Issue:

Mackay and Whitsunday Life

New Marina Resort Inundated With Buyers

The Whitsundays’ first major resort development in over a decade has piqued plenty of interest with a deluge of eager buyers getting their names down for a slice of luxury living.

The stage one release of the $350 million Shute Harbour Marina Resort has generated more than $21.5 million in sales contracts issued and over 600 enquiries following the project’s market launch eight weeks earlier.

Established business owners, sea-change seekers, retirees, and avid boaties have led the charge on the 58 land and berth packages up for grabs.

A South Australian-based consortium is behind the project, with local agents Taylors Property Group helming the sales portion of the project. Principal of Taylors Property Group, Rob Taylor said the immediate market response has been incredible.

“We knew we had something special on our hands here, but we have been simply inundated with genuine interest – it’s been a whirlwind,” Mr Taylor said.

“A large portion of these purchasers are boating enthusiasts who recognise the rarity in such a premier berth location, or those from southern states who have been enticed by the lifestyle offering presented by the resort.”

The most significant transaction to date is the $2.55 million sale of a land and 35m berth package.

Once complete, the Shute Harbour Marina Resort will encompass a world-class 395-berth marina, 58 freehold land allotments, a 100-plus room resort hotel, including function and meeting rooms, bars, restaurants, swimming pool and undercover parking, and 100 managed apartments with resort club facilities.

Development of the first stage of Shute Harbour Marina Resort, which will include the marina and the stage-one release of land and marina berths, is expected to take two years to complete with construction targeted to commence in 12 months.

The Shute Harbour Marina Resort will include 58 managed resort dwellings with private marina berths, a retirement resort

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