Earlier this month Developer Sanad Capital, met with Queensland’s Tourism Minister the Honourable Kate Jones to review progress of the ACTVENTURE Resort development on the Sunshine Coast’s Steve Irwin Way.

ACTVENTURE is a proposed $450m integrated lifestyle, tourist and active theme park development and the only major integrated tourism resort on the Sunshine Coast, located at 2652 Steve Irwin Way.

Sanad Capital expects to lodge the Development Application for the ACTVENTURE Resort and finalise discussions with potential operators in the coming weeks.​

Queensland Tourism Minister the Honourable Kate Jones briefed an updated vision for the $37m Sunshine Coast accommodation development which is slated to be the only destination in the world that will combine a major waterpark, hotel and conference facilities, retail, world class surf wave pool, action sports and other modern leisure activities.

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Left to right: Ken Down Architect, The Honourable Kate Jones QLD Tourism Minister, Bradley P. Sutherland CEO Sanad Capital, Cameron Adams Town Planner

Sanad Capital are in advanced discussions with key Australian operators for the rollout of the family friendly ACTVENTURE Resort, which is currently being designed and is earmarked to include a mix of 250 eco villas and glamping tents, all day family restaurant, heathy café & spa, APX next generation Waterpark, Wave Oz, adult and family pools, slides, and sports activities.

The Resort will calculate a significant contribution to the Sunshine Coast’s economy, adding much needed rooms to the accommodation pool and providing hundreds of new jobs.

Stage 1 of the project which combines the waterpark, ACTVENTURE tower, and the Cove retail has an estimated construction cost of $AUD150m and is forecasted to attract up to 1 million visitors annually.

With tourist resorts contributing $20.5b to the Australian economy and providing more than 25,000 jobs, the proposed development will aid in Sunshine Coast visitor numbers which are continuing to soar, with international visitors increasing 3% for the year ending June 2018.

Confidence in the Sunshine Coast is at an all-time 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.

See also: Novotel Twin Waters Resort sold in $100m deal to Shakespeare Property Group

Queensland State Government have provided funding for major infrastructure upgrades such as the Bruce Highway Caloundra Road to Sunshine Motorway upgrade to 6 lanes ($930m) and Bruce Highway Caboolture to Caloundra upgrade to 6 lanes ($2b).

Further, the Sunshine Coast Airport upgrade ($347m) is well underway, with international flights set to take off from Christmas 2020. The Airport saw record Winter tourism numbers, with passenger numbers increasing by 11% from June to August, and the first month of Spring seeing a 7% increase when compared to 2017 figures.

See also: Sunshine Coast Airport Winter season sees record number of visitors

Chief Executive Mr 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 1st stage, which we are creating to meet the growing holiday market demand and current trend”.

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Bradley P. Sutherland CEO Sanad Capital

The waterpark has been designed by the world’s leading waterpark designer, Whitewater, and includes rides that have never been seen before in Australia with some exciting world first’s.

Click here to view the WhiteWater website.

The Great Lawn will consist of spectacular activities that have never been combined in one place, focused around the huge ACTVENTURE Tower and an integrated technology hub. Stage One will deliver over 6000m2 of retail and dining activities.

Further stages include a 200 room family hotel comprising meeting and convention facilities, an action sports precinct and a wave reservoir.

Click here to view the Sanad Capital website with further information.

Source: Sanad Capital