Marina Development / Marina Operations / Investment
Batemans Bay
Project
Batemans Bay Marina Redevelopment, NSW, Australia
Commencement / Completion Date
June 2006 – Ongoing
Ownership
Ariadne Australia Limited
Nature of the Project / Investment
Marina Development / Marina Operations / Investment
Project Description and Responsibility
This site redevelopment is a fully integrated staged marine orientated development including a total of 240 wet berths and a 250 boat dry stack facility. Plans to incorporate commercial, retail, tourism precincts and 60 serviced apartments are also proposed. The development has been recognised as a State Significant Project and required a Part 3a Environmental Assessment Project Application to be undertaken. The existing facility is currently being operated and managed while awaiting the commencement of the staged project works.
David managed the acquisition, State Government negotiation, planning application, consultation and asset management on behalf of Ariadne. Project works will be delivered in a staged manner commensurate with increased cash flow returns from the redevelopment of this marina and land based buildings.
Value
$65 Million