Kennedy Bay is a master planned integrated development based on a "main street" beach front village centre precinct. This unique project fronts 4.5km of north facing beachfront within the Shoalwater Islands Marine Park. The project will be developed over 8-10 years in 3 stages, with each stage including a range of housing lot choices, short stay accommodation and public infrastructure.
SUMMARY INFORMATION – 31 December 2011 | ||
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IN PROGRESS | ||
ACQUISITION DATE | Oct 06 | |
LOCATION | Port Kennedy | |
PROJECT VALUE (INCL. GST) | $161m | |
TOTAL LOTS | 445 | |
PROJECT PERIOD | mid 2006 – mid 2023 | |
OWNERSHIP STRUCTURE | PDA with WABGR |
Mirvac continues to work through the planning process, with an expected start date on site in 2013.
1) THE PROJECT HAS BEEN REVISED TO A LAND SUBDIVISION.