Transaction finalised for Southern Great Barrier Reef marina site with approved plans for a waterfront residential community and 318 berth marina
The $250 million Gateway Marina project at Burnett Heads is officially back on track, with original developer Simon Harvey successfully acquiring the project and resuming full control following the completion of a competitive sale process managed by Colliers.
The landmark waterfront development site, located at the southern gateway to the Great Barrier Reef, was acquired by Simon Harvey following a process to resolve a partnership dispute that placed the project into receivership in 2024.
The transaction was facilitated by Philip O’Dwyer of Colliers, who said there was a lot of national interest from a broad market including those with established marina interests as well as land developers interested in the significant amount of waterfront land with development approvals in-place.
The successful outcome restored certainty to one of regional Queensland’s most significant coastal and marine tourism infrastructure projects and set to transform Burnett Heads into a marine, tourism and lifestyle precinct.
“This was a rare opportunity to secure an approved East Coast marina project of scale, with significant planning and early works already completed,” Philip O’Dwyer said.
“With the transaction now finalised, the project can move forward offering a compelling long-term vision for the Burnett Heads waterfront.
“There is currently a shortage of ‘ready-to-go’ marina projects, combined with strong demand for new housing, and this development is well positioned to help address both needs aligning strongly with Queensland’s housing, tourism and regional development priorities.
The 76,000sqm site at Burnett Heads, located off the southern end of the Great Barrier Reef and planned as a $250 million waterfront residential community is a transformational project for the region.
The waterfront site is planned as a 318 berth start-of-the-art marina, a waterfront residential community providing both short term and long term accommodation, and a vibrant mix of retail, dining and tourism experiences.
With deep water access and the natural protection of the harbour, the marina will provide reliable all-weather access and shelter, making it one of the safest environments in the region for vessel berthing, and an increasingly attractive destination for both recreational and commercial vessels.
The milestone restores clarity and confidence around what is widely regarded as one of the region’s most anticipated and unique waterfront developments with expressions of interest already open for marina berth leasing.
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