Mine re­treats a shore thing

SA’s min­ing boom will spin off to the coast, writes Ben Hyde.

The Advertiser - Real Estate - - Coastal Development -

COASTAL de­vel­op­ments on Yorke and Eyre penin­su­las are set to ben­e­fit from the state’s grow­ing min­ing in­dus­try. Real Es­tate In­sti­tute of SA pres­i­dent Greg Nybo says in­creas­ing min­ing ac­tiv­ity, par­tic­u­larly on Eyre Penin­sula, and the po­ten­tial ex­pan­sion of Olympic Dam will fuel the coastal real es­tate mar­ket.

‘‘I would have thought that any­body work­ing in that hot, dry and dusty sort of en­vi­ron­ment would be pretty keen in their leisure time to get by the wa­ter,’’ he says.

‘‘You would want to get a lo­ca­tion near your em­ploy­ment so those lo­ca­tions like Eyre Penin­sula and Yorke Penin­sula would be ideal.’’

Min­ing com­pa­nies in­clud­ing Cen­trex Met­als, Lin­coln Min­er­als and Iron­clad Min­ing are in­creas­ing min­ing op­er­a­tions on Eyre Penin­sula and there is a pro­posed $150 mil­lion port fa­cil­ity to be built at Sheep Hill, a few kilo­me­tres north of Tumby Bay.

A $350 mil­lion ex­plo­sives fac­tory planned for a site near Whyalla is also set to in­ject more money into the re­gion.

Mr Nybo says sim­i­lar trends could de­velop to those in West­ern Aus­tralia, where min­ers work­ing in Kal­go­or­lie re­treat to such coastal des­ti­na­tions as Esper­ance.

‘‘They are earn­ing a good in­come and they work hard. I think a lot of them would be re­ally quite keen to get to the coast to re­lax,’’ he says.

Mr Nybo says peo­ple work­ing at Olympic Dam would also be likely to shop around for coastal re­treats.

De­vel­op­ments in line to reap the re­wards in­clude The Dunes Port Hughes, Clear­wa­ter Cove Es­tate at Streaky Bay and Point Bos­ton Penin­sula, just out of Port Lin­coln.

The Dunes Port Hughes reaches a mile­stone this week­end, with its new Cop­per­club golf course open­ing for play.

Mem­bers will have the first op­por­tu­nity to play the front nine holes of the Greg Nor­man-de­signed course this week­end be­fore it of­fi­cially opens to the pub­lic on June 1. The Dunes Port Hughes chief ex­ec­u­tive of­fi­cer Andrew Martin says the open­ing of the course is ex­cit­ing.

‘‘The first nine holes are look­ing fan­tas­tic al­ready so we’re look­ing for­ward to wel­com­ing as many peo­ple as pos­si­ble to come and en­joy a course de­signed by one of the world’s great­est ever golfers,’’ he says.

‘‘We still have an­other nine holes to go but open­ing the first nine is a ma­jor mile­stone that re­ally is go­ing to drive The Dunes Port Hughes for­ward as South Aus­tralia’s premier re­sort and res­i­den­tial de­vel­op­ment.’’

The Dunes Port Hughes is also pro­gress­ing plans for a new re­sort com­plex in­clud­ing a restau­rant, bar and func­tion cen­tre, plus ten­nis courts, swim­ming pool and a gym for res­i­dents.

Play­grounds: The Penin­sula Club on Point Bos­ton Penin­sula.

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