The Fraser Coast Regional Council has approved a $450-million project by Marriott International. The Sheraton luxury resort, set to be built in the region, received conditional approval, with the original 21-storey plans reduced to 18-storey.
Developer Sunny Beach Land’s project will deliver a five-star hotel and residential development, featuring 223 hotel rooms and over 400 apartments. The resort will include a mix of residential, retail, and entertainment facilities across two towers connected by a large podium. Amenities will feature two lap pools, a 400-seat function and conference space, a rooftop bar, and various dining options.
This development is poised to be the largest and most luxurious new hotel between Brisbane and Cairns, becoming only the fifth Sheraton location in Australia. Employment opportunities are expected to increase, with total direct and indirect jobs rising from 1,350 to 1,770.
Additionally, the project is expected to have significant economic impacts on the region, including growth opportunities for local businesses, the potential to increase direct flights, and the sustainability of the tourism sector due to more visitors spending more money.
Given these developments, investing in property in the Fraser Coast is an ideal opportunity to benefit from the anticipated growth and increased demand for housing.
House & Land: 4 / 2 / 2
House: 221.2 m2: $483,382
Land: 605 m2: $295,000
Est. rent: $630 – 660 p/w
Est. land registration: December 2024
House: 221.2 m2: $483,382
Land: 605 m2: $295,000
Est. rent: $630 – 660 p/w
Est. land registration: December 2024
The floor plan, furniture and fixtures, measurements, and dimensions are approximate and are for illustrative purposes only.
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