• Mayfair 101

Mayfair 101 Reveals Plans for Dunk Island Spit

Updated: Apr 8, 2020

The Cairns Post,16 December 2019.

Mayfair 101’s multimillion-dollar vision of returning Dunk Island as the jewel in Cassowary Coast’s crown is one step closer with the release of plans for a beachside bar and a revival of watersports at the island’s spit.

Artist’s impressions reveal low-set buildings on the foreshore decked out with sun lounges and a shaded daybed area positioned to the south of the existing public jetty.

Mayfair 101 subsidiary Mayfair Iconic Properties announced development plans to the Cairns Post yesterday ahead of a construction kick-off subject to Cassowary Coast Regional Council approval.

It’s understood the facilities will be geared towards day-trippers as cyclone-damaged accommodation in the main resort remains uninhabitable.

Mayfair Iconic Properties Chief Executive Officer Stuart Duplock said an improved ferry service would provide better connectivity between the island and Mission Beach.

“The new spit bar will provide people the opportunity to enjoy a meal and drink accompanied by one of the best views in the world over the iconic Dunk Island spit,” he said.

“Our team is committed to activating Dunk Island for locals and tourists as part of our broader plans to breathe life back into the Mission Beach economy.”

Mission Beach-based Economist Pete Faulkner said new plans for the spit would be well received by locals.

“The spit was always an integral part (of the island), particularly for the locals who would go over on the weekend,” he said. “And when there was a beachside bar there back in the day it was always very popular.”

Mr Faulkner said work crews had been seen on the island recently but it was not clear what was being done.

Developers said upgrades to camping, barbecue and toilet facilities, sand replenishment and revegetation were also planned for the Spit.

Well-known Port Douglas-based architectural firm Hunt Design is expected to take the lead on the project and will liaise with environmental consultants and council to ensure the Spit development is “in keeping with the natural beauty of the region”.

“We expect that the upgrades will be complete and the Spit be fully operational in time for the beginning of the tourist season in June 2020,” Mr Duplock said.

» Click here to view the full story by Cairns Post

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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).

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