SALT developers congratulate council vision
IT SEEMS everyone wants to wake up with a view of the Yeppoon Foreshore and Great Keppel Island with 47 of the 50 available apartments at SALT already under contract.
Earlier this month, SALT Directors Andrew Beaumont and Wayne Riddell gave Livingstone Shire Mayor Bill Ludwig, Councillor Nigel Hutton and Member for Keppel Brittany Lauga a tour of their soon-to-be completed SALT residential development on Yeppoon's Anzac Parade.
The two leading CQ property developer's have also praised the local council for their vision to revitalise the Yeppoon Foreshore and Town Centre.
Mr Beaumont said the proposed Foreshore redevelopment had a positive impact in terms of sales and confidence in the project from existing buyers.
"It goes to prove how a measured and consultative approach to the allocation of State and local funding can have a positive effect and direct impact on economic stability in the region," Mr Beaumont said.
"This will continue to drive additional private investment resulting in greater employment opportunities, additional rate-payers and stronger tourism sector."
More than 90% of the SALT project's total $25 million construction costs have been injected back into the Central Queensland economy through local suppliers and tradespeople.
Upon completion, around 40 of the newly constructed apartments will complement the Capricorn Coast's short-term holiday letting pool, creating an estimated 30 new job opportunities in the region.
Mayor Bill Ludwig said the completion of the SALT development was particularly timely for CQ.
"Figures from the International Visitors Survey (IVS) show that visitor numbers to the Southern Great Barrier Reef destination, which includes the Capricorn Coast, were up 11% on last year," Cr Ludwig said.
"Visitor expenditure has also increased by 18% to $97 million and it's critical to the region's post-cyclone recovery that those tourism dollars are being spent here in the Livingstone Shire where we really do have some of the best facilities most spectacular scenery anywhere in Queensland.
"Although there have been some setbacks from Cyclone Marcia and the downturn of the resource sector, developments like SALT and the ongoing revitalisation of the Yeppoon Foreshore will ensure we continue to move in the right direction."