Please select your home edition
Edition
Bakewell-White Yacht Design

Port of Airlie achieves $11 million in sales

by Sheree De Bono on 8 Mar 2013
Port of Airlie Sheree De Bono
A summer sales surge has seen Port of Airlie notch up nearly $11.6 million in sales of luxury apartments, home sites and marina berths in just 12 weeks, attracting buyers both locally and from interstate.

The sales include $7.38 million for nine properties at the exclusive Boathouse Apartments which are managed by Outrigger Resorts, as well as $2 million for waterfront lots and more than $2 million in sales for marina berths.

The buying spree has left only a limited number of two and three bedroom apartments remaining, with all home sites in The Beacons precinct now sold out, and only two of 24 superyacht berths - measuring up to 50 metres - available.

Port of Airlie also has completed a range of 15 metre to 25 metre berths available for sale, with additional berths currently being constructed to meet increasing market demand, these include a limited number of 10 metre to 12 metre mono hull and some rare custom-size multi hull berths.

Port of Airlie Receiver and Manager Ken Whittingham said the nationwide buyer interest for both residential and marina property was a sign that confidence was returning to the Airlie Beach market, with the area currently undergoing a multi-million dollar rejuvenation.

'Airlie Beach is back in the national spotlight as the region undergoes a renaissance, including Council’s $17 million upgrade to the main street and a significant pipeline of activity at Port of Airlie,' he said.

'The latest spate of sales has actually been lead by interstate buyers from as far afield as Western Australia, Tasmania and Adelaide, with local buyers also showing confidence in the market and representing about 40 per cent of purchasers.

'The key drawcards for Port of Airlie is its location at the gateway to the Whitsunday Islands, and the diversity of product on offer to suit a range of purchasers - from those looking for a well priced apartment or marina berth through to buyers looking for a luxury penthouse, waterfront property or superyacht berth.'

Mr Whittingham said the recent sales and development upgrades would translate to an increased level of activity around the Port of Airlie, with more tourists expected, new residents set to move in and a range of stunning boats to be moored in the harbour over the coming weeks.

'We have had a very successful summer season here at Port of Airlie - with a near full house at the Boathouse Apartments as tourists from all over the country came to soak up the sun in the Whitsundays,' he said.

'Solid occupancy levels and the new partnership between Port of Airlie and Cruise Whitsundays has led to renewed confidence from investors, who have secured Boathouse Apartments as holiday homes and lock and leave investment properties.

'The first residents in The Beacons waterfront residential precinct have settled in, with a number of new homes currently under construction. We also anticipate the final two superyacht berths will go quickly, as they represent the only opportunity to secure a 95 year lease on a berth this size in the North Queensland region.

'We look forward to seeing the marina fill with a whole range of amazing boats over the coming weeks, cementing Port of Airlie's reputation as the main anchorage point for those looking to position themselves close to the islands and the heart of town.'

Port of Airlie is a master planned community which includes residential property, premium holiday apartments, marina berths, a man-made beach and parklands and a new retail precinct boasting an array of shops and Portofairlie
upffront 660x82Barz Optics - FloatersWildwind 2016 660x82

Related Articles

World's First photochromic bi-focal sailing glasses by BZ Optics
BZ Optics, an Australian start-up company have just developed unique sunglass which is specifically designed for sailors BZ Optics- an Australian start-up company have just developed a unique sunglass which is specifically designed for sailors who require glasses to read their watch, computer, digital screens or charts while sailing in no or low light conditions.
Posted on 28 Sep
Mirabaud Yacht Racing Image exhibition at the World Sailing conference
The Mirabaud Yacht Racing Image award keeps growing and improving its structures. World Sailing’s annual conference reassembles World Sailing member national authorities, Committees, Sub-committees, Commissions, Class Associations, sailors, event organizers, boat manufacturers and observers. Up to 700 delegates are expected in Barcelona this year.
Posted on 26 Sep
Olympic Gold medalist and Volvo Ocean Race winner up for WS Board
Torben Grael (BRA) is amongst the 15 nominations for one of seven places on the Board of Directors of World Sailing Torben Grael (BRA) is amongst the 15 nominations for one of seven places on the Board of Directors of World Sailing in November. The five times Olympic medalist, Volvo Ocean Race winner and several times America's Cup competitor will bring a much needed sailing edge to the Board of World Sailing if he can navigate the politics of the controlling body of the sport.
Posted on 25 Sep
Southern Spars en route to Monaco – Stand QSE2
It’s been another big year for the NZ based company, there's lots of exciting things to talk about the Monaco Yacht Show It’s been another big year for the New Zealand based company, giving us lots of exciting things to talk about at the 2016 Monaco Yacht Show like our two big projects Adix and Aquijo. Adix, the three-masted 65-metre Dykstra schooner, has been transformed by a rig refit by Southern Spars and Future Fibres.
Posted on 22 Sep
Tony Parker - Basketball player and ambassador of the Bridge
Tony Parker, basketball player with an exemplary sporting career, took advantage of visiting France to launch 100 Club This important meeting took place last Saturday morning on 17th September in Nantes, between Tony Parker, godfather to the Bridge, and the companies which support this Franco American initiative, which will celebrate 100 years of fraternal exchanges between two countries. Tony Parker, the basketball player with an exemplary sporting career, took advantage of visiting France to launch the 100 Club
Posted on 22 Sep
Terry Kohler, driving force of North Technology dies at 82
Terry Kohler who purchased North Sails was the driving force behind the North Technology Group, has died aged 82 Terry Kohler who purchased North Sails from Lowell North over 30 years ago and was the driving force behind the North Technology Group, has died aged 82. With the combined company of North sails and Southern Spars, Kohler created the 'Engine above the Deck' concept which married the technology used to build the sails and spars to be designed and work as an integral unit.
Posted on 21 Sep
The Newport International Boat Show is opening next week!
Newport Exhibition Group has secured a record number of exhibitors, and organized more educational activities Newport Exhibition Group, owners and producers of the Newport International Boat Show, announced today that it has secured a record number of exhibitors, and organized more educational activities and attractions for showgoers than ever before.
Posted on 9 Sep
Brookes and Gatehouse Videos with Knut Frostad
Navico, the parent company for Brookes and Gatehouse (B&G), Simrad and Lowrance have prepared some terrific videos Navico, the parent company for Brookes and Gatehouse (B&G), Simrad and Lowrance have prepared some terrific videos with Knut Frostad, the legendary Volvo Ocean Race sailor and former CEO. See him talk about sailing in general, the B&G product choices and placement he made for his own boat, and then why he loves his Outremer 5X.
Posted on 8 Sep
Bavaria C57 – Something big is coming
Bavaria Yachts presents a new revolutionary sailing yacht, in the form of the new Bavaria C57, at the Yachting Festival Bavaria Yachts presents a new revolutionary sailing yacht, in the form of the new Bavaria C57, at the Yachting Festival in Cannes. The innovative design, the smart layout, the high-quality equipment and build quality, and the impressive performance set new standards - and not only for Bavaria Yachts. …..Something big is coming.
Posted on 8 Sep
Zhik sailors win 17 sailing medals at 2016 Olympic Regatta
The 2016 Olympic games are over and what a Games they have been - Zhik sailors dominated Zhik sailors won almost 60% of the medals contested at Rio de Janeiro. It was a regatta which tested sailors and gear - with one day being the most severe conditions ever experienced at an Olympic regatta. For the Zhik team riders on the waters of Rio, four years and more of hard work and dedication have paid off for many.
Posted on 29 Aug