S I D E - B Y- S I D E O P P O R T U N I T Y F O R S A L E
LUXURY NATURE RESORT DEVELOPMENT SITE
OPERATING LUXURY RAINFOREST RETREAT
B U D E R I M , S U N S H I N E C OA S T, Q U E E N S L A N D - A U S T R A L I A
Badderam: Indigenous word for the native honeysuckle banksia from which the name Buderim was derived.
I N F O R M AT I O N M E M O R A N D U M
B U D E R I M WAT E R FA L L , S U N S H I N E C OA S T
02
Introduction
04
The Location
08
Badderam Development and Aquila Retreat Summary
09
Development Layout
10
Location Overview
14
Economic Overview
31
Sale Process
PAG E 1
CONTENTS
ACKNOWLEDGMENT OF COUNTRY We acknowledge the traditional country of the Kabi Kabi Gubbi Gubbi peoples and the Jinibara peoples of the coastal plains and the hinterlands of the Sunshine Coast. We recognise that these beautiful places have always been places of cultural, spiritual, social and economic significance to Australia’s first people. Badderam pays respect to Indigenous elders – past, present and emerging – and we acknowledge the important role that Aboriginal and Torres Strait Islander people have played and continue to play within Buderim and the Sunshine Coast community.
INTRODUCTION Offering for sale two adjoining properties; a DA approved Luxury Resort development site “Badderam” and “Aquila”, an operating luxury rainforest retreat with DA approval for subdivision into seven residential lots. The combined offering totals approximately 8 hectares of freehold land set in elevated rainforest bushland with extensive views over the Sunshine Coast to the ocean and Glass House Mountains. The Badderam development scheme includes 94 dual key apartments (188 lettable keys), world class exhibition and conference facilities, restaurants, wellness spa, gym, sauna, heated mineralised pools plus much more. Badderam is set on 4 hectares of land and to be developed along the Buderim ridgeline obtaining stunning views of the coastline across valley rainforest. Aquila is an operational luxury rainforest retreat which sleeps 30 people. Set within the forest canopy, the retreat is a popular wedding destination, meeting and conference centre. Aquila is also set on some 4 hectares of land for subdivision into 7 residential lots ranging from 1,500m2* & 2,500m2*. Badderam can be acquired individually as a 4 hectare approved resort development site or can be acquired in conjunction with the adjoining Aquila as an 8 hectare package. Please note that inspections are strictly by appointment with the below marketing agents: Kat JY Chen Mobile: +61 432 790 601 Email: hello@katjychen.com.au
PAG E 3 T H E S U N S H I N E C OA S T - 6 0 K M O F P R I S T I N E C OA S T L I N E
DARWIN
GREAT BARRIER REEF
SUNSHINE COAST
QUEENSLAND
BRISBANE GOLD COAST
PERTH SYDNEY
MELBOURNE
HOBART
T H E LO C AT I O N B E S T O F B OT H W O R L D S H I N T E R L A N D A N D B E AC H The Badderam Resort development and Aquila Retreat are located on Queensland’s Sunshine Coast. Recognised as one of Australia’s most popular holiday destinations the Sunshine Coast extends along 60 kilometres of pristine coastline, boasting beautiful beaches and waterways, scenic heritage-listed mountain ranges and sub-tropical islands, providing travellers with a nature based destination experience like no other in the world. Both properties are close to major tourist attractions such as Australia Zoo. World Heritage listed Fraser Island and Australia’s Great Beach Drive. The site is elevated 180m above sea level and features stunning ocean views to the east and Glass House Mountain views to the South.
PAG E 5
FRASER ISLAND
BUDERIM
EUMUNDI
NOOSA HEADS
NAMBOUR MAROOCHYDORE CBD
GLASS HOUSE MOUNTAINS BRIBIE ISLAND BRISBANE
Located only 11 minutes from the Sunshine Coast international airport, 8 minutes’ drive from Mooloolaba Beach, a 30 minute drive from Noosa and a 1 hour drive from the international gateway of Brisbane, the Badderam development and Aquila Retreat are positioned to attract both the national and international tourism markets.
ALEXANDRA COTTON TREE BEACH NORTH
NEW MAROOCHYDORE CBD
FRASER ISLAND
NOOSA
NEW SUNSHINE COAST INTERNATIONAL AIRPORT
BADDERAM ENTRY AT BOX STREET
BUDERIM VILLAGE
HEADLAND BEACH
MOOLOOLABA BEACH
KAWANA BEACH
MORETON ISLAND
STRADBROKE ISLAND
CALOUNDRA
BRIBIE ISLAND
UNIVERSITY OF THE SUNSHINE COAST
AUSTRALIA ZOO
GLASS HOUSE MOUNTAINS
BRISBANE
B A D D E R A M D E V E LO P M E N T S U M M A R Y
ADDRESS
24 Box Street, Buderim, Queensland 4556, Australia
LAND AREA
Lot 24-26 40,721m2
Income producing asset. Large, new luxury Hamptons home. 4 suites, EXISTING FACILITIES
6 baths, gym, mineralised swimming pool, sauna, event deck, butlers pantry and parking. W W W. M A L U M B A E S TAT E . C O M . A U
The “Badderam” development opportunity includes 94 dual key TOTAL SCHEME
apartments (188 lettable keys), world class exhibition and conference facilities with ocean views, restaurants, wellness spa, gym, sauna and heated mineralised pools. Total approximate GFA 12,423m2.
PLANNING SCHEME
DEVELOPMENT APPLICATION
Approvals are under the Maroochy 2000 Plan. This is a superseded scheme and generally considered a more favourable planning scheme.
MCU15/0270
AQ U I L A R E T R E AT S U M M A R Y ADDRESS
21 Box Street, Buderim, Queensland 4556, Australia
LAND AREA
Lot 21 38,607m2
Income producing asset. 9 bed / 9 bath luxury rainforest retreat, EXISTING FACILITIES
caretakers cottage, parking, gardens, mineralised swimming pool, pool lounge, hot tub, fire pit and yoga studio. W W W. AQ U I L A R E T R E AT.C O M . A U
TOTAL SCHEME
PLANNING SCHEME
DEVELOPMENT APPLICATION
6 additional subdivided lots ranging from 1,500m2* - 2,500m2*
Approvals are under the Maroochy 2000 Plan. This is a superseded scheme and generally considered a more favourable planning scheme.
REC 07/0087 Pending Renewal
PAG E 9
D E V E LO P M E N T L AYO U T BADDERAM ENTRY BOX STREET
SPA
MAIN RESORT
PROPOSED RAINFOREST RESIDENCES AQUILA RETREAT
BADDERAM SITE
1
BUTTERFLY VINE FOREST
AQUILA RETREAT
2
VIEWS TO THE GLASS HOUSE MOUNTAINS
VIEWS TO THE OCEAN, MORETON ISLAND AND BRISBANE
BEE HIVES
THE SUNSHINE COAST – A THRIVING NORTH
T O U R I S M A N D E V E N T D E S T I N AT I O N
B P
P L AY V I D E O SHOWING THE SUNSHINE COAST
MALENY
MARY CAIRNCROSS SCENIC RESERVE
D A A P P R O V E D L U X U R Y R E S O R T S I T E & A D J O I N I N G R A I N F O R E S T R E T R E AT WOODFORD FESTIVAL
EUMUNDI
NOOSA HEADS / FRASER ISLAND
EUMUNDI MARKETS
PEREGIAN BEACH
WESTIN BEACH RESORT
( PRO POS E D)
YAROOMBA BEACH PGA TOURNAMENT GOLF COURSE
PAG E 1 1
COOLUM BEACH
THE GINGER FACTORY MUDJIMBA BEACH YANDINA
SC INTERNATIONAL AIRPORT MARCOOLA
NOVOTEL TWIN WATERS
BLI BLI NAMBOUR
MAROOCHYDORE BIG PINEAPPLE MUSIC FESTIVAL
COTTON TREE BEACH BUDERIM WATERFALL BUDERIM MOUNTAIN
ALEXANDRA HEADLAND SEALIFE AQUARIUM LEISURE MARINA, WHARF, EXPORT FISHERIES
MONTVILLE SIPPY DOWNS
BAROON POCKET DAM
AUSSIE WORLD
GLENVIEW MOOLOOLAH VALLEY
WHALE WATCHING, YACHTING, SCUBA DIVING
KAWANA FARMERS MARKET
MOOLOOLABA BEACH
KAWANA BEACH
PALMVIEW
ACTVENTURE WATER PARK (PROPOSED) DICKY BEACH MOFFAT BEACH BIG KART TRACK
CALOUNDRA NIGHT MARKET
LANDSBOROUGH GOLDEN BEACH AUSTRALIA ZOO
SHELLEY BEACH KINGS BEACH CALOUNDRA BULCOCK BEACH
BRIBIE ISLAND
BEERWAH
GLASS HOUSE MOUNTAINS BRISBANE
AU ST R A L I A ZO O T H E W O R L D V I S I T S T H E S U N S H I N E C OA S T Australia Zoo is an iconic internationally-recognised tourist attraction on the Sunshine Coast, made famous by the late wildlife warrior and conservationist Steve Irwin and his family. It is located just 25 minutes from the Badderam site. The Zoo attracts hundreds of thousands of domestic and international visitors to the Sunshine Coast region each year. Many of these visitors are celebrities, dignitaries, executives and their families. Badderam will offer an exclusive and truly international standard of luxury accommodation and service, providing such guests with an exceptional and private resort destination and a base from which to tour the region.
C E L E B R I T Y V I S I TO R S TO AU ST R A L I A ZO O A N D T H E S U N S H I N E C OA S T Justin Bieber
Puff Daddy
Ariana Grande
Pink
Matt Damon
Kim Kardashian
Prince Charles
Kanye West
Oprah Winfrey
Justin Timberlake
Margot Robbie
Nicole Ritchie
Russell Crowe
Joel Madden
Ed Sheeran
Jennifer Lopez
Richard Branson
Cate Blanchett
Chris Hemsworth
Nicole Kidman
Liam Hemsworth
Keith Urban
PAG E 1 3 T E R R I , B I N D I A N D R O B E R T I R W I N C E L E B R AT E S T E V E I R W I N ' S G LO B A L L E G AC Y
2019 / 2020 INTERNATIONAL VISITORS TO THE SUNSHINE COAST
10 MILLION TOTA L V I S I TO R S
6.4 MILLION DAY T R I P V I S I TO R S
$
$2.8 BILLION OV E R N I G H T V I S I TO R S P E N D
3.65 MILLION OV E R N I G H T V I S I TO R S
I N T E R N AT I O N A L V I S I T O R S U R V E Y ( I V S ) , T O U R I S M R E S E A R C H A U S T R A L I A – Y E A R E N D I N G M A R C H 2 0 1 9
ACC E SS A D D I T I O N A L S U N S H I N E COAST T O U R I S M D ATA
CLICK HERE
INTERNATIONAL VISITORS TO THE SUNSHINE COAST
GERMANY 34,000 S TA B L E
FRANCE 9,500 13.5%
UNITED KINGDOM 59,000 5%
NEW ZEALAND 66,000 S TA B L E
S C AND INAVIA 15,000 S TA B L E
ASIA 26,000 24%
NORTH AMERICA 39,000 9%
I N T E R N AT I O N A L V I S I T O R S U R V E Y ( I V S ) , T O U R I S M R E S E A R C H A U S T R A L I A – Y E A R E N D I N G M A R C H 2 0 1 9
PAG E 1 5
2019 / 2020
Australia has experienced significant growth in international inbound travel over the past 10 years, averaging a 5.4% increase each year since 2008. The Sunshine Coast is on the verge of an enormous increase in International visitor growth via a new international airport.
V I S I TO R VO L U M E W I T H I N A U S T R A L I A
Australia International S O U R C E : H D I A N A LY S I S O F T O U R I S M R E S E A R C H A U S T R A L I A D ATA
SEASONALITY PROFILE Luxury and ultra-luxury resort occupancy performance within Australia is strong. The dataset achieved almost 75% occupancy with an average nightly room rate of $829 resulting in RevPAR of $615 per night in the 12 months to December 2019.
M O N T H LY S E A S O N A L I T Y P R O F I L E 2 0 1 9
S O U R C E : H D I A D V I S O R Y A N A LY S I S O F S T R G L O B A L D ATA
PAG E 1 7
V I S I TO R VO L U M E W I T H I N A U S T R A L I A
I N T E R N AT I O N A L V I S I T O R S A R R I V E O N T H E SUNSHINE COAST BY AIR, ROAD AND SEA
M A N Y I N T E R N AT I O N A L G AT E WAY S SYDNEY, THE GOLD COAST, BRISBANE AND THE SUNSHINE COAST A new Sunshine Coast International Airport is under construction and scheduled to be completed by 2020. Located just 15 minutes from the Badderam resort site, the new airport is anticipated to have direct routes into Asia and is forecast to attract millions more visitors per annum to the region. Almost 50% of international visitors to the Sunshine Coast currently fly into Brisbane, or the Gold Coast and then drive to the Sunshine Coast. Over 25% of international visitors fly into Sydney and then fly domestic into the Gold Coast and Brisbane, driving to the Sunshine Coast and following the east coast up to Cairns. Since 2016, cruise ships have begun docking in Mooloolaba, also bringing international and domestic tourists to the region.
S O U R C E : I N T E R N AT I O N A L V I S I T O R S U R V E Y - Y E M A R C H 2 0 1 9
AIRPORT IS UNDER CONSTRUCTION AND S C H E D U L E D TO O P E N I N 2 02 0 READ MORE
THE SUNSHINE COAST AIRPORT IS THE FIRST AIRPORT IN AUSTRALIA T O A C H I E V E A N D R E TA I N L E V E L 3 + C A R B O N N E U T R A L A C C R E D I TAT I O N
THE SUNSHINE COAST ACHIEVED A 6.3% G R O W T H I N I N T E R N AT I O N A L V I S I T O R S YE MARCH 2020
S U N S H I N E C OA S T A I R P O R T F O R E C A S T PA S S E N G E R M OV E M E N T S
S O U R C E : H D I A D V I S O R Y A N A LY I S O F S U N S H I N E C O A S T A I R P O R T E N V I R O N M E N TA L I M PA C T S TAT E M E N T
PAG E 1 9
A N E W S U N S H I N E C O A S T I N T E R N AT I O N A L
D A A P P R O V E D L U X U R Y R E S O R T S I T E & A D J O I N I N G R A I N F O R E S T R E T R E AT
PAG E 2 1
NEW DIRECT AIR ROUTES FROM ASIA TO T H E S U N S H I N E COAST W I L L S E E V I S I TO R S F R O M AU ST R A L I A ' S L A R G E ST I N T E R N AT I O N A L M A R K E T S P E N D I N G MORE TIME IN THE REGION
SUNSHINE COAST VISITOR NIGHT GROWTH Forecasts are reflective of high demand and visitor growth levels experienced in recent years. This growth is driving major tourism infrastructure investment and development across the region. Since the COVID pandemic began in March 2020, growth in the domestic drive tourism market from Brisbane and other parts of the state of Queensland, has been exponential, with Sunshine Coast tourist accommodation at capacity with an urgent need identified for new luxury resort stock.
PROJECTED SUNSHINE COAST VISITOR NIGHT GROWTH FORECAST
S O U R C E : H D I A N A LY S I S O F T O U R I S M R E S E A R C H A U S T R A L I A D ATA
T H E S U N S H I N E C O A S T I S A U S T R A L I A’ S FA S T E S T G R O W I N G R E G I O N A L ECONOMY AND IS IN THE MIDST OF AN INFRASTRUCTURE BOOM
PLANNING & DEVELOPMENT FRAMEWORK The Sunshine Coast Council is a facilitative council eager to attract investment and is open to discussions to progress investment in the area through the provision of incentives. The Sunshine Coast is enjoying an unprecedented level of development and investment, with a 155% increase in the value of building approvals from 2012 to 2017 — representing 26% average annual growth.
S U N S H I N E C OA S T B U I L D I N G A P P R OVA L VA L U E
Sunshine Coast S O U R C E : H D I A D V I S O R Y A N A LY S I S O F S U N S H I N E C O A S T C O U N C I L D ATA
PAG E 2 3 W W W. B A D D E R A M . C O M . A U
THE SUNSHINE COAST – A LEADER I N R E N E WA B L E S A N D A U S T R A L I A’ S M O S T S U S TA I N A B L E R E G I O N
P L AY V I D E O
D A A P P R O V E D L U X U R Y R E S O R T S I T E & A D J O I N I N G R A I N F O R E S T R E T R E AT
PAG E 2 5
BILLIONS OF DOLLARS ARE BEING I N V E S T E D O N T H E S U N S H I N E C OA S T
KEY INFRASTRUCTURE AND DEVELOPMENT PROJECTS IN PROGRESS 2020-2027 BRUCE HIGHWAY
SUNSHINE COAST SOLAR FARM
$1.6 billion expansion and upgrade
$10 million economic benefit
SUNSHINE PLAZA
$400 million expansion creating 5,200 construction and retail jobs
PROPOSED INTERNATIONAL BROADBAND SUBMARINE CABLE $927 million per annum to the Queensland economy ($700 million per annum to the Sunshine Coast economy)
MAROOCHYDORE CITY CENTRE
THE INTERNATIONAL SUNSHINE COAST AIRPORT
15,000 jobs by 2025 contributing $4.4 billion to the economy
2,230 jobs to be created contributing $4.1 billion to the economy
UNIVERSITY OF THE SUNSHINE COAST $81 million expansion complete, 20,000 students by 2020
PALMVIEW
$3 billion+ housing development, 17,000 residents
BEERWAH EAST MAJOR DEVELOPMENT AREA
SUNSHINE COAST UNIVERSITY HOSPITAL
44,000 residents, housing development ready by 2027
$1.8 billion dollar investment, 4,600 jobs
AURA
$7 billion+ investment, 50,000 residents, housing development ready by 2020
S O U R C E : S U N S H I N E C O A S T S TAT E O F O U R R E G I O N 2 0 2 0
LIGHT RAIL PROJECT Stage 1 by 2025, creating 9,000 jobs, contributing $3.6 billion to the economy
W W W. B A D D E R A M . C O M . A U
AN ECONOMY ON THE CUSP OF THE HIGHEST G R O W T H P E R I O D I N I T S H I S TO R Y
CURRENT ECONOMIC POSITION T H E E S T I M AT E D C U R R E N T P O S I T I O N O F T H E S U N S H I N E C O A S T ’ S E C O N O M Y
$
17.2B economy
17.9%
82,633 high-value industry employment opportunities
of goods and services produced for export outside of the region
S O U R C E : V I S I T S U N S H I N E C OA S T A N N U A L R E P O R T 2 0 1 9 - 2 0 2 0
A $33 BILLION ECONOMY FOR THE PAG E 2 7
S U N S H I N E C OA S T B Y 2 0 3 3
2 0 1 7 - 1 8 K E Y O U TC O M E S
16
th
highest economic performance from 67 regions nationally
2nd highest total income per capita across south-east Queensland (excl. Brisbane)
16.5
%
decrease in unemployment throughout the region
$
844K
wealth per household, the second highest across Queensland
2.3% population increase during 2019/2020
2.1% recorded annual growth of Gross Regional Product (GRP)
S O U R C E : V I S I T S U N S H I N E C OA S T A N N U A L R E P O R T 2 0 1 9 - 2 0 2 0
A U S T R A L I A’ S F I R S T G R E E N F I E L D C I T Y I S B E I N G C O N S T R U C T E D O N T H E S U N S H I N E C OA S T I M AG E I S I N D I C AT I V E O N LY
QUEENSLAND ECONOMIC PERFORMANCE
AA+ S T R O N G C R E D I T R AT I N G
4 . 5 % G S P G R OW T H
Stable economy reflected in a strong credit rating
The fastest growing Gross State Product (GSP) in Australia – forecast to remain above the national average to 2021
3 9 % P O P U L AT I O N G R O W T H
FA S T G R O W I N G E C O N O M Y
Queensland’s population is forecast to grow to over 6.7 million people by 2036
Queensland is one of the fastest growing economies in Australia
SOURCE: DELOITTE ACCESS ECONOMICS, ABS, NAB, AND S&P
QUEENSLAND BENEFITS FROM THE HIGHEST LEVELS OF BUSINESS C O N F I D E N C E A U S T R A L I A- W I D E SOURCE: SUNSHINE COAST COUNCIL REGIONAL INVESTMENT PROSPECTUS
READ MORE
ECONOMIC PERFORMANCE
$796B OFFSHORE INVESTMENT
P O P U L AT I O N G R O W T H
Offshore investment into Australia is higher than it has ever been before – foreign direct investment transactions reached $796 billion in 2020
Australia is predicted to experience the highest population growth of any developed country over the next three years
26 YEARS LO W G OV E R N M E N T D E B T
E CO N O M I C G R OW T H
Low levels of government debt make Australia a highly attractive destination for foreign investment
Australia has had 26 years of consecutive economic growth, making it one of the most resilient economies in the world
SOURCE: DELOITTE ACCESS ECONOMICS, ABS, NAB, AND S&P
PAG E 2 9
AUSTRALIA
S U N S H I N E C OA S T
PAG E 3 1
C O N D É N A S T R E P O R T S T H AT 74 . 5 % OF READERS ARE INFLUENCED BY A R E S O R T ' S E N V I R O N M E N TA L P O L I C I E S W H E N C O N S I D E R I N G W H E R E T O S TAY
FOR SALE Badderam can be acquired individually as a 4 Hectare DA approved resort development site or can be acquired in conjuction with Aquila Retreat as an 8 Hectare package. Adjoining neighbouring sites are available for negotiation with owners of those sites. All offers should include the following key terms: • Agents details • Proposed purchasing entity • Nominated purchase price • Any conditions required • Deposit amount • Proposed settlement date To arrange a site inspection contact your individual agent or as below. Upon submission of a non-disclosure agreement, interested parties will be granted access to Badderam’s detailed feasibility modelling and construction cash flows. A digital non-disclosure agreement can be submitted at www.badderam.com.au
AG E N T D E TA I L S Kat JY Chen Mobile: +61 432 790 601 Email: hello@katjychen.com.au A: PO Box 4077, Homebush South, NSW 2140, Sydney, Australia
DISCLAIMER: Information, opinions and forecasts in this proposal depend on the accuracy of any information and assumptions on which they are based, and on prevailing market conditions, for which Kat JY Chen does not accept responsibility. No representations or warranties of any nature whatsoever are given, intended or implied about this proposal, any information, opinions and forecasts contained within this proposal or the accuracy or enforceability of any documents referred to in this proposal. Kat JY Chen will not be liable for any omissions or errors. Kat JY Chen will not be liable, including for negligence, for any direct, indirect, special, incidental or consequential losses or damages arising out of or in any way connected with use of or reliance on anything in this proposal. This proposal does not form part of or constitute an offer or contract. Recipients of this proposal should rely on their own enquiries about its accuracy. All images are only for illustrative purposes. GST Unless otherwise expressly stated, all amounts, prices, values or other sums stated in this proposal are exclusive of GST. Copyright This proposal is copyright material owned by Kat JY Chen and related entities. Permission to use any part of this proposal must be sought directly from Kat JY Chen or her related entities. If permission is given, it will be subject to a requirement that the copyright owners name and interest is acknowledged when reproducing the whole or part of any copyright material.