Located on Port Curtis, a deep water harbour about 550km north of Brisbane, Gladstone has been called “Queensland’s Engine Room”. For a city with a population of about 60,000 to have Australia’s fifth largest multi-commodity port (Queensland’s largest) may come as a surprise, until taking a closer look at its economic base. The city’s success is built on a diverse range of growth sectors from mining to agriculture and from heavy industry to tourism. The Port of Gladstone services both the city environs and its hefty hinterland.
Encompassing three commercial properties (Hotel, Studio Apartments & Offices), C2 Capitals Gladstone project is ideally placed to service the growing Gladstone market.
Gladstone’s thriving industrial sector includes production of Alumina/Aluminium, Ammonium Nitrate (for explosives) Cement, Coal (coking & thermal), Electricity Generation, Gold, Liquefied Natural Gas (LNG) and Sodium Cyanide (for gold mining). International demand is such that Gladstone has the World’s fourth largest coal exporting terminal.”
Money is also being directed towards exciting new industries such as the Australian Future Energy’s (AFE) $1 billion Synthetic Natural Gas (SNG) and Ammonia plant scheduled to commence construction in 2020.
Other new industries include the $208 million Callide “Oxyfuel” project, an international collaboration that has developed the world’s first industrial-scale plant, combining coal-fired power generation with carbon-capture to generate electricity with virtually no CO2 emissions.
There are two major solar electricity initiatives taking advantage of Gladstone’s sunny climate: Renew Estate’s 300MW Rodds Bay Solar Farm and the 265MW Acciona Solar Farm represent an $800 million investment in renewable energy.
Gladstone is located opposite the southern portion of the Great Barrier Reef Marine Park. Camp and Facing Islands lie just offshore, while others like Herron, Lady Musgrave, Masthead and North West Islands are farther into the Coral Sea. The University of Queensland has a research and education facility on Herron Island. The islands offer some of the world’s best diving (scuba & snorkelling) allowing visitors to observe the stunning beauty of a coral reef ecosystem. Tourists savouring the islands’ unspoilt wilderness and wetlands have accommodation options from camping to an international resort. Other reef activities include fishing and yachting.
Back on the mainland Gladstone is surrounded by national parks with Mount Larcomb boasting breathtaking 360 degree views across the entire region. Lake Awoonga on the Boyne River is a perfect setting for boating, kayaking and freshwater fishing. The Gladstone hinterland is also popular with the burgeoning 4WD community.
For those interested in history, about 90 minutes’ drive south of the city is Seventeen-Seventy (1770), the site of Captain Cook’s second landfall in Australia as he navigated up the continent’s east coast.
For visitors, there are many established operators in and around Gladstone offering tours of the reef and the city’s hinterland.
Perceptive developers are making major tourism investments in and around Gladstone. The largest is Eaton Estate’s $1.2 billion Hummock Hill Resort, but there are several other developments such as the $300 million Station Creek Resort and $30 million Rules Beach project.
Gladstone Entertainment & Convention Centre
With booming established regional industries, an estimated $100 billion private and public sector investment in new and existing technologies, a growing tourism sector and the increasing desirability of the area’s relaxed “sea-change/tree-change” lifestyle, it is little wonder the Gladstone’s population is expected to double over the next 15-20 years.
And C2 Capital’s Gladstone Rydges Hotel, Studio Apartments and Commercial Office projects are perfectly placed to benefit from that growth!
If you’re a savvy investor looking to share in the rewards of co-development, we invite you to join us at one of our information events or contact us to discuss our co-development opportunities further.