"This will sell," Mr Agnew said in a statement. Vice president Tom Gibson said they JLL would "be taking and receiving offers" from buyers that wanted all of Tower's land holdings on the island. 23rd September 2019 - Sale of Far North Queensland’s Dunk Island a prelude to resort refurbishment Tower Holding's chief executive Terry Agnew said the State Government's pledge in late 2017 to spend $25m on vital infrastructure for the island should make it a tempting investment. She died and he walked free, The super system is set for a shake-up. Contact the team to obtain more information on this great opportunity. We have 42 properties for sale for house great keppel island, priced from $365,000 "[We've heard evidence] that there's been a significant drop in visitor numbers," he said. Valiant can help you find the best loan for your business. In the 1990s it drew young tourists with the slogan 'Get Wrecked', and now Great Keppel Island Resort is on the market. Do you know your rights around access to beaches in Queensland? Medical properties for Sale in The Keppels, Retail properties for Sale in The Keppels, Medical properties for Lease in The Keppels, Retail properties for Lease in The Keppels, Rural properties for Lease in The Keppels, Serviced Offices for Lease in The Keppels, Commercial real estate in Capricorn Coast, Commercial Real Estate Agents in The Keppels, Residential properties for sale in The Keppels, Residential properties for lease in The Keppels, Map for 1 Great Keppel Island The Keppels QLD 4700, Level 1/102 Bolsover Street Rockhampton QLD 4701, 1 Great Keppel Island, The Keppels QLD 4700. By sending this message, you agree to our Privacy Policy. This is the reality at Lot 9 Svendsen’s Beach on Great Keppel Island, which is up for sale for a cool $4.3 million. Queensland's idyllic islands are sitting in ruins, so what has gone so wrong? Great Keppel Island’s resort was a famed party destination in the 1990s, known for its slogan 'Get Wrecked on Keppel'. We've gone from 'debt and deficit disaster' to a trillion-dollar debt with no worries. Mr Mercer believed the shuttered-up resort and ongoing media reports about made it seem like the whole island was closed to visitors, when instead there are several smaller businesses on the island operating budget accommodation. See if it's right for you … ICONIC AUSTRALIAN TOURISM OPPORTUNITY. Kick things off with our commercial loan calculator to see estimated repayments. Concerns about the resort's closure were only discussed this week at a Parliamentary inquiry into Northern Australia's tourist industry in the nearby central Queensland coastal town of Yeppoon. Great Keppel Island is set to change hands between the preferred buyer, a Singaporean/Taiwanese group based in Singapore, and current leaseholder Tower Holdings for 970.9 ha of development approved land on the island, subject to State and Federal Government requirements. Find properties for sale listings at the best price. "It seems the world has moved on a bit [from big resorts on islands] and want to enjoy the natural world," Mr McCabe said. The resort has been sitting empty since then as the Australian developer's efforts to finance and get approvals for a huge $600m development, complete with villas and casinos, has played out publicly. Article amended 9th October 2019 to reflect input from the Great Keppel Island Alliance Ya Nga. A 162-hectare land holding on Great Keppel — encompassing the empty resort, marina and associated approvals to develop it further — has been formally listed for sale by its owner, Tower Holdings. Tower Holdings bought it in 2006 for $16.5m and then shut it down during the GFC two years later. The resort, situated off Yeppoon in central Queensland, was made famous in the 1990s by backpacker beach parties and the slogan 'Get Wrecked on Great Keppel'. How does that work? While Tower's 162-hectare land holding has been listed for sale, it is not formally offering up another larger chunk of 600-hectare land on the island, which it also has environmental approvals to turn into an extensive villa development. 17 white, sandy beaches Pristine island setting on the Great Barrier Reef with 162 hectare* land holding Mains power and water connection funded by the QLD Government a $25 million incentive Clean-slate to create Australias next tourism icon only 1 hour* from Brisbane Extensive development approvals in place for a spectacular beachfront hotel, 285 villas, 300 apartments, marina, retail village and commercial airstrip Existing 800m* airstrip with approvals to build a new runway that can cater for direct Sydney, Brisbane and Cairns flights. Related Articles. Knight Frank Australia has the pleasure of offering for sale one of Queensland’s most sustainable and boutique tourist destinations Pumpkin Island. Request a call back to speak with one of their experts or compare available commercial loans. Knight Frank with JLL Hotels & Hospitality Group has the pleasure of offering 162ha* of prime land for sale on Great Keppel Island, the gateway to Australias Southern Great Barrier Reef. Victorian Premier Daniel Andrews and health authorities are giving a coronavirus update. AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), Slammed Dunk: Qld resort in ruins seven years after Yasi. Mr McCabe said they had always supported the re-development of Great Keppel Island's closed resort but that he had the same historical concerns about the environmental impact of the bigger development proposal on Tower's 600-hectare holding. JLL Hotels and Hospitality Group is managing the sale and has previously sold other comparable Queensland islands, including South Mole and Daydream, to Chinese developers. This 6 ha island is situated in the pristine waters of Southern Great Barrier Reef’s Keppel Group of Islands, 14 … Great Keppel Island's empty hotel is just one of 18 island resorts operating under state tourism leases up and down the Queensland coast. JLL Hotels & Hospitality Group’s Tom Gibson, together with Knight Frank’s Pat O’Driscoll, Ben McGrath and Title deeds show the leasehold to the island is still held by Tower Holdings. Land & Development Property for Sale at 1 Great Keppel Island, The Keppels QLD 4700. Here's what it means for you. Budget's tax cuts pass Parliament days after being announced, Decision on NSW border reopening won't be made until end of October, Chief Health Officer says, Five new coronavirus infections found in NSW as Premier considers easing restrictions, Victoria goes two consecutive days without a COVID-19 death for the first time since July, Live: Brett Sutton trusts contact tracing system but estimates 30 per cent of cases aren't being found, Trump pulls out of presidential debate after commission rules it must be virtual, Pence's one job was to make his boss look good. "Instead of going to resort islands people are taking cruise boat tours," he said. The inquiry's chair, Federal MP Warren Entsch, said the resort's closure was troubling for the entire Capricorn Coast region. Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. A 162-hectare land holding on Great Keppel — encompassing the empty resort, marina and associated approvals to develop it further — has been formally listed for sale by its owner, Tower Holdings. Houses For Sale in Great Keppel Island Queensland. Buy, rent, sell or invest with Australia's marketplace for real estate. Mr Gibson said Chinese investment was a strong possibility for the resort, but there had been interest from Australian buyers since the sale announcement this week. "It'd just be lovely if someone was able to buy [the resort] tomorrow and get on with it.". However, whilst further up the Queensland coast, Peter Bond recently sold Dunk Island to British investment group Mayfair for $31.5 million, doubts about the Great Keppel Island sale proceeding have persisted for months. Instead he reminded voters of a world without Trump, Lawyers argued a young girl willingly submitted to a man's sexual advances for money. The Capricorn Conservation Council's Michael McCabe said the prospect of just some of Tower's assets on the island being sold off was troubling. "But otherwise we're going to the market with just the Fisherman's Bay Precinct and the marina precinct," he said. Search 200,000+ real estate listings. Just last month, a Shanghai businessman bought a resort and housing development at Zilzie on the Capricorn Coast, which had been closed for two years. The State Government has confirmed that the developer's leases on the island are all tied together and selling off parts separately would require Government approval. After a protracted battle with the government, the company made the first moves this week to start demolishing the hotel, meaning it could be sold as a concrete slab to investors. "It's been really tough and I've liquated good assets hanging on to leases on this island," Mr Mercer said. Geoff Mercer operates a backpacker-style hotel on Great Keppel, just down the beach from the closed resort. 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