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Albany waterfront sees surge of investment

26/8/2016

Comments

 
Friday, 26 August 2016

  • Prime Albany waterfront lot sold, with another under offer
  • Zoning encourages more accommodation options in Albany
  • Follows last month's sale of the adjacent waterfront lot; the site of a new hotel 
The redevelopment of Albany waterfront continues to progress with Lands Minister Terry Redman today announcing the sale of a prime waterfront lot, with another under offer.

Mr Redman said the two lots - 3,309 square metres and 4,564sqm - had been taken up by local developer Aquavista Holdings. 

"It is envisaged the developments, which can be up to three storeys, will have retail and commercial on the ground floor, and potentially short stay accommodation on the upper floors," he said.

"The purchase follows last month's confirmation of the $1.5 million sale of the hotel/short stay site which is located next to the Albany Entertainment Centre, the first major building to feature on the new waterfront.

"The sale of two prime lots within weeks of each other, with a third also under offer, is great news for Albany as the business centre of the Great Southern region."

The Minister said the Liberal National Government had taken a keen interest in the progress of Albany waterfront to help bring greater choice of visitor accommodation and business facilities to the city centre, in turn supporting the economic growth of the city.

"The State Government was keen to secure developers who would help create a vibrant and functional waterfront space right on the doorstep of Albany's CBD," he said.

One lot remains available at Albany waterfront.  Located between the Albany Entertainment Centre and the ANZAC Peace Park, the 4,338sqm lot is zoned for commercial use.

Fact File
  • The redevelopment of the Albany waterfront is being managed by LandCorp
  • Once complete, the waterfront will feature restaurants, cafes, shops, hotel/short stay accommodation, 74-pen marina (with expansion capacity to 130) and a purpose-built entertainment centre
  • Albany waterfront overlooks Princess Royal Harbour and reconnects the foreshore with the city centre
  • For more information, visit http://www.landcorp.com.au/albanywaterfront 
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  • Home
  • About Us
    • MCRC Staff
    • MCRC Board of Management
    • CRC Network
    • About Manjimup
  • Our Services
  • Our Room Hire
  • Equipment Hire
  • Membership Packages
  • Volunteering
    • Volunteer Positions
    • Be Connected
    • Heart Foundation - Walk Yourself Happy
    • Other Activities
  • Forms
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    • Room Hire Booking Form
    • Multi-Function Room Booking Form
    • Equipment booking form
    • Enrol as a Volunteer today
  • News & Information
    • Community Crisis Support
    • Local Health Updates >
      • Dementia Friendly Manjimup
      • Warren Health Services
      • My Health Record
  • Southern Forest Employment Hub
  • Our Community
    • Community Groups
    • uLaunch (Formally JobLife)
    • Tax Help with Sylvia
    • Manjimup Mens Shed
    • Manjimup Community Garden
    • Park Run
    • REPAIR CAFE
    • Days For Girls
  • Cafe Bytes
  • Contact Us
  • Events