Multi-million dollar resort for Agnes Water
By CHRIS LYNCHchrisl@gladstoneobserver.com.au
JOBS, business opportunities and a five-star weekend getaway.
That's what developers of a new multi-million dollar resort at Agnes Water say awaits the region, along with a massive injection of tourist dollars into the local economy.
Sansara is a 117-apartment complex to be located at the old Agnes Water Caravan Park site, which includes a day spa on the beach, creche, cinema, 25 shops, cafes and conference facilities.
More than $60 million in expressions of interest have been taken from prospective buyers before marketing has begun. Villas range in price from $850,000 to $5 million, with all featuring ocean views and their own private roof-top lap pool, plunge pool or oversize jacuzzi.
A 50-metre resort pool will feature ocean views and a four-metre scuba diving facility.
Unit sizes vary from 122 square metres (one bedroom plus study) to three-bedroom apartments with roof terraces covering a total area of 350 square metres.
Once purchased, investors would then rent the rooms to 'well-heeled' travellers, starting from about $400 a night.
Spokesperson for Sydney-based company Mijo Developments Yael Bradbury said a two-year construction period would begin in April.
During this phase a total of 250 construction workers would be on site, with expenditure into the region by the Sansara workforce estimated at $100,000 a week.
It is anticipated 120 of the 250 workforce will be locally sourced, with Atlas Constructions from Sydney to tender work out.
The project has a construction budget estimated at $100 million, Mijo estimating a minimum of 10 per cent of this will be injected into Miriam Vale Shire.
After construction is complete, Mijo has been advised it would re-quire 200 staff to run the resort, not including cleaners, gardeners, security or maintenance.
Based on an occupancy rate of 75 per cent and three people per apartment, Mijo has projected the average spend per night by Sansara guests would be $50,000.
It has predicted strong spending with local retailers and the project's career opportunities will give young people an added reason to stay in the community.