Keppel Is develop
SUNSHINE Coast-based Altum Property Group is conducting due diligence with the view to taking over the Great Keppel Island Resort, which has been closed for more than a decade.
The Queensland Government announced the site had been demolished last year (TD 17 Aug 2018) to make way for a major redevelopment including a 250-room hotel, 750 ecotourism villas, 300 eco-tourism apartments and a marina.
Altum Director Rob McCready described Great Keppel as “the best island off the Queensland coast” and praised local businesses for their support during the due diligence process in recent months.
“We know that the development of a resort on Great Keppel Island will largely grow the current numbers of 50,000day visitors and 30,000 room nights per annum on the island,” McCready said.