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NEWS
Miners dig marina berths
Freehold berths selling at Hope IslandMiners embracing the boating lifestyle are generating new sales of freehold berths at Hope Island Marina, claims its parent company Consolidated Properties.
Dwindling supply of freehold marina berths along Australia's east coast and increasing boat ownership are making marina berths a prime investment, claims the property group.
David Geerlings, one one of the latest buyers at Hope Island Marina, is a case in point. The engineering consultant has spent the past 15 years travelling the Australian coastline with wife Karen to contract for major mining and engineering companies in Perth, Darwin, Mackay and Townsville,.
Geerlings, who is currently based in Townsville, has bought an 18-metre berth for his 58-foot boat and intends on making it his permanent home when he retires to the Gold Coast in the next five years.
"We love the lifestyle on the Gold Coast. It is a true boatie’s paradise, with plenty of protected waterways, plus miles of open ocean and great fishing spots at the doorstep," he said.
"At the same time, we believe the marina berth will be a great investment, with the availability of freehold berths few and far between, particularly in this part of the world."
More than 80 per cent of Hope Island Marina has already been secured, with the final stage of freehold berths -- available in the 14 metre, 16 metre and 18 metre configurations -- now available for sale or rent.
Consolidated Properties project partner Lachlan Grantley said there was increasing interest from miners in the final berths, as more opted to fly-in and fly-out of their working locations.
"When it comes to their downtime, they want to be in a location that offers plenty in terms of lifestyle and the Gold Coast delivers that," Grantley said.
"It remains one of, if not the, favourite holiday playground in Australia, with some 200 kilometres of pristine waterways," he said.
"Hope Island Marina itself provides quick deep water access to the Broadwater, the gateway to the region's best boating destinations, and the resort-like facilities on-site make it an appealing choice."
According to research by Place Advisory found one in every 19 Queenslanders now owned a boat. However, council restrictions across South East Queensland on the development of new marinas could severely restrict supply in future..
Grantley said the final marina berths at Hope Island Resort offered exceptional value, with some discounted by up to 30 per cent, or $110,000, on the original listing price... despite the apparent demand from miners.
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Written byBoatsales Staff
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Please see our Editorial Guidelines & Code of Ethics (including for more information about sponsored content and paid events). The information published on this website is of a general nature only and doesn’t consider your particular circumstances or needs.
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