Demolition work has been completed at the site of the former, now decommissioned Great Keppel Island Resort, opening up opportunities for future development at the site.
In a statement from the island’s Queensland government representative Brittney Lauga MP, who is touring the site today, she expressed her excitement at seeing the long-closed resort finally cleared and for the state government’s $25 million commitment to reconnect power and water to the island as being the start of a new chapter for the island.
“Now demolition is out of the way, we can get on with the job.
“We’re committed to partnering with the private sector to deliver new tourism experiences on Great Keppel Island,” Ms Lauga said.
Recent reports have indicated multiple parties may be interested in purchasing the resort from its current owners Tower Holdings, which is understood to be seeking at least $20 million as a reserve. Four of five interested parties are based overseas, according to reports. In addition to the direct investment in Great Keppel Island, the Queensland government has also pledged a further $25 million to repair cyclone-damaged islands in the Great Barrier Reef region.
Since Great Keppel Island Resort was closed in 2008 due to the impact of the Global Financial Crisis, the island itself has also been significantly affected by two serious tropical cyclones (Marcia in 2015 and Debbie in 2017) which left the island in tatters. A failed bid to secure a casino licence has also impacted redevelopment, leading to the island being put up for sale. Great Keppel Island is located off the coast of Yeppoon in Central Queensland.
Plans for Tower Holdings to develop a new 250-room hotel among nearly 1,000 “eco-tourism” apartments, a marina, ferry terminal, yacht club, championship golf course, retail precinct and environment park have been approved with conditions.
“Great Keppel Island has the potential to be a thriving tourism destination. The Palaszczuk Government is committed to ensuring this region reaches its potential as a visitor hub,” Ms Lauga added.