Tuesday, January 22, 2019
Kate Jones with Sanad representatives

$37m adventure resort to cash in on Sunny Coast accom boom

A $37 million adventure park planned for Steve Irwin Way near Australia Zoo will prioritise the building of its eco-style accommodation to cash in on the lucrative Sunshine Coast  market.

Developer Sanad Capital presented updated plans to Queensland tourism minister Kate Jones earlier this month featuring 250 eco villas and glamping tents alongside a restaurant, café, spa, Waterpark, Wave Oz, adult and family pools, slides, and other sports activities.

Chief executive Bradley P. Sutherland said: “With the new road upgrades and new infrastructure works and the game-changing international airport in full swing and coming on board in just 24 months, we decided to implement much needed accommodation offerings with an eco-resort at ACTVENTURE in the first stage, which we are creating to meet the growing holiday market demand and current trend”.

Sanad Capital are in advanced discussions with Australian operators for the rollout of the family friendly resort, saying it will make a significant contribution to the coast economy and add “much-needed rooms to the accommodation pool and providing hundreds of new jobs”.

Sunshine Coast saw international visitation increase three percent for the year ending June 2018.

Confidence in the region is high, with Shakespeare Property Group’s recent $100m investment in the Novotel Twin Waters and their announcement of a new $8m Convention Centre at the Hotel.

Major infrastructure upgrades such as the Bruce Highway lane expansions and the $347 million expansion of Sunshine Coast Airport to accommodate international flights are also in development.

Sanad Capital expects to lodge its development application for the ACTVENTURE Resort and finalise discussions with potential operators in the coming weeks.

About Kate Jackson

Kate Jackson
Kate Jackson is the editor of Accomnews. You can reach her at any time with questions or submissions: [email protected]

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