Dunk Island New Owners to Launch New Vessel Ahead of Construction
  • Mayfair 101

Dunk Island New Owners to Launch New Vessel Ahead of Construction

Updated: Apr 8

The Cairns Post, 25 January 2020



Mayfair Iconic Properties is preparing to launch a barge which will carry excavation and construction equipment to Dunk Island for use in the rebuild of the spit and the former five-star resort.


Mayfair Iconic Properties has conducted routine annual maintenance on the barge to ensure it remains fully operational and in survey. The barge, built in 2002, is 24.48m long, was worth $500,000 and was acquired as part of the Dunk Island settlement.


“The barge will be used to transport heavy equipment, including but not limited to the newly purchased excavator, loader and articulated dump truck.”


“The barge will be mainly operating between Mourilyan Harbour and Dunk Island, building a convenient link between the mainland and Dunk Island."


“With a barge in operation, Mayfair Iconic Properties will be able to officially commence larger-scale constructions, such as sand replenishment and the spit bar development."

Mayfair Iconic Properties Chief Executive, Stuart Duplock, and Mayfair 101 Group Managing Director, James Mawhinney, were present to talk to locals and show artist’s impressions of plans for the Spit bar development.


» Click here to read the full article.

» Click here to learn more about Mayfair Iconic Properties.

Send us a message

Connect with us

  • LinkedIn - White Circle
  • YouTube - White Circle
Subscribe to our newsletter

Disclaimer

This website is published by Online Investments Pty Ltd (t/a ‘Mayfair 101’) (ABN 981 34 785 890, AFSL Auth. Rep. No. 001 274 568 of Quattro Capital Group Pty Ltd (ABN 88 128 914 965, AFSL 334653)). It is provided by way of general information only, is subject to change, and may not be relied upon by any person. Mayfair 101 is an Australia-based provider of investment and corporate advisory services, including funds management, asset management, capital raising, corporate advisory, mergers and acquisitions advisory, and direct investment, either directly or through members of its corporate group. Mayfair 101’s authority under its appointment by Quattro Capital Group Pty Ltd under the Corporations Act 2001 (Cth) is limited to the provision of financial services to wholesale clients in Australia only, including general (not personal) financial product advice relating to deposit products, foreign exchange contracts, derivatives, interests in managed investment schemes and securities. Mayfair 101 and the members of its corporate group may have a beneficial interest in the financial services and products of that group. Mayfair 101 provides advice in relation to financial products of its corporate group only, and terms, conditions and risks apply in respect of such financial products. Such financial products are not a comprehensive range of all possible investment products, are not bank deposits and (like most investments) may be subject to greater risk of capital loss and negative returns than traditional investment products. Prospective investors are strongly encouraged to seek independent professional legal, financial, accounting, taxation and valuation advice before deciding whether they consider any financial products to be suitable for them, and to request any relevant disclosure documents (such as Product Disclosure Statements and/or Information Memoranda) to ensure that they are fully informed before making any investment decision. Past performance should not be relied on as an indicator of future performance. The financial products offered by Mayfair 101 and its corporate group are available to wholesale clients resident in Australia only. Mayfair 101 does not accept investment from retail clients, non-wholesale clients or residents of countries other than Australia. Mayfair 101 and the members of its corporate group are not deposit-taking institutions in Australia or elsewhere and are not authorised to conduct banking activities under the Banking Act 1959 (Cth).

© 2020 Mayfair 101. All rights reserved.