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Shark Bay Investment Prospectus 2

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YANDANI GUTHARRAGUDA SHARK BAY INVESTMENT PROSPECTUS 2 SHARK BAY KEY STATISTICS 943 43 17.3 % Permanent Median Age Proportion of Population (2016) Children (0-14) 20.5% $51,245 3.4% Proportion of Elderly Average Individual Unemployment Residents (65+) Income (yearly) (December 2016) 72 17.5% $170 Number of Main Employing Median Rent Businesses Industry (2011) (weekly) (June 2015) Accommodation & Food Services $1,380 $237,500 $150,000 Median Mortgage Median House Price Median Land Price Repayments (2016/17) (2016/17) (monthly) SHARK BAY INVESTMENT PROSPECTUS 3 $101.90 59.4% Tourism Tourism Accommodation Accommodation Occupancy Rate RevPAR (2015/16)* (2015/16)* 108,000 Annual Visitors (2014-16) Exmouth WESTERN AUSTRALIA Carnarvon SHARK BAY GERALDTON PERTH 4 BUSINESS INVESTMENT HIGHLIGHTS World 1.5 hour Heritage flight from status Perth Increasing visitation Reliable dolphin interaction for more than 40 years $30 million private investment proposed in Shark Bay SHARK BAY INVESTMENT PROSPECTUS 5 LIFESTYLE HIGHLIGHTS Marine facilities Quality education, health and recreation services $20 million public investment in Shark Bay in last five years Growing permanent population World- class marine research and science 6 CONTENTS ABOUT 01 SHARK BAY 8 07 TOURISM 19 SERVICES & STARTING A 02 INFRASTRUCTURE 10 08 LOCAL BUSINESS 21 MAJOR INVESTMENT 03 PROJECTS 12 09 & BUSINESS OPPORTUNITIES 22 RESOURCES & 04 INDUSTRIES 14 DEVELOPMENT 10 OPPORTUNITIES 24 LIVE, WORK & INVEST 05 IN SHARK BAY 15 PEOPLE, AMENITIES 06 & LIFESTYLE 16 SHARK BAY INVESTMENT PROSPECTUS 7 PRESIDENT’S MESSAGE The Shire of Shark Bay recognises that Significant investment from Council Reserves resulted supporting and encouraging development in the revitalisation of the Denham foreshore with will provide long-term benefits to both the transformed and exceptional facilities for everyone local community and visitors in the form of to enjoy – especially for kids to have heaps of fun additional services and amenities, whilst also in the expanded, nautically themed playground. ensuring economic and social opportunities The extension to the commercial jetty, new car for the future. and boat trailer parking facilities, finger jetty and lighting, has enhanced the shoreline and provided The Shire’s Corporate Business Plan aims to fulfil much improved boating and marine facilities. this strategic direction set by Council and is strongly underpinned by the Strategic Community Plan 2016- The Shark Bay Shire Council will continue 2031 which sets out the vision for Shark Bay’s future its economic development focus and offers and captures the community’s aspirations and values. potential investors a unique mix of location, lifestyle and opportunity. The time is right and Over the past six years, the Shire of Shark Bay has we welcome investors to Shark Bay to benefit been able to provide substantial infrastructure from this managed economic growth. developments which will be of on-going benefit to business, our growing resident population and Cr. Cheryl Cowell increasing numbers of visitors to Shark Bay. Shire President. 8 ABOUT 01 SHARK BAY Location History Shark Bay is a 2.2 million hectare World Shark Bay has a rich and diverse history. The Heritage Area located approximately Aboriginal people of the Shark Bay area are 800 kilometres north of Perth within descendants of the Malgana people. They are Western Australia’s popular Coral Coast the traditional owners of the Shark Bay area tourism region. and are one of twelve language groups to be found in the Yamatji region which extends from Located on the western-most point of Australia, Exmouth in the north, to Dongara in the south and the Shark Bay Shire is one of the world’s across to Sandstone in the east. Archaeological greatest wilderness treasures. It is known for research at Eagle Bluff in Shark Bay has recorded its exceptional natural features and attractions occupation dating back 30,000 years. such as the dolphins of Monkey Mia, renowned stromatolites at Hamelin Pool, snow white Shell Shark Bay is also home to the first recorded landfall Beach, Francois Peron National Park, historic by a European on the Australian coastline, with Dirk Hartog Island and abundant marine life. Dutch skipper Dirk Hartog’s vessel the Eendracht landing at Dirk Hartog Island, off the coast of On the western coast of the Peron Peninsula, the Shark Bay, on 25 October 1616. The landing at townsite of Denham is the main population centre. Cape Inscription in 1616 is significant as Hartog left This growing coastal town is a gateway to tourist behind a flattened, engraved, pewter dish. The dish attractions and a major service centre for the was nailed to a wooden post and inscribed with a region’s industries and permanent population. record of his visit. This represents the oldest such evidence of European contact with Australia. Denham is located some 800 km from Perth, 405km from Geraldton, 330 km from Carnarvon In 2016, the region marked the 400th and 129 kilometres west of the North West Coastal anniversary of Dirk Hartog’s landing Highway which traverses Australia’s western coast at Cape Inscription with the support of between Perth and Broome. Denham can also $26 million of government investment. be accessed via the Shark Bay Airport which is As part of the commemorations, the located between Denham and Monkey Mia (24 State Government is managing a ground kilometres north) and via jetty and boat launching breaking project to restore the vegetation facilities available at Denham and Monkey Mia. and animal habitats of Dirk Hartog Island to how they would have appeared to Dirk Hartog in 1616. Dutch Captain De Vlamingh revisited the site in 1697. He was followed two years later by buccaneer William Dampier - the first English Captain to explore the West Australian coast. Dampier bestowed Shark Bay with its present name in July 1699 before sailing for Timor. SHARK BAY INVESTMENT PROSPECTUS 9 ABOUT SHARK BAY The French followed in Dampier’s wake. In 1772 Captain Louis-Francois Saint Alouaran arrived at the northern tip of Dirk Hartog Island (Turtle Bay) and formally claimed the continent for France two years after the British claimed Australia at Botany Bay. In 1801 a French scientific expedition under Captain Nicholas Baudin aboard the Geographe arrived in Shark Bay. Accompanied by the vessel Naturaliste, Captained by Emmanuel Hamelin with naturalist and explorer Francois Peron aboard, the ships explored and chartered a wide area of Shark Bay. Many landmarks and coastal features carry French names to this day. The guano, pearling and pastoral industries came to prominence in the Shark Bay area during the 1860s. Captain Henry M Denham aboard HMS Herald completed charting the entire Shark Bay coastline in 1858. The town of Denham is named in his honour. By the turn of the century the guano and pearling industries had collapsed and the pastoral and fishing industries were the mainstay of the local economy. Sandalwood has also been exported on and off for over 100 years with the first shipment going to south east Asia in the 1890s. Today tourism, fishing, salt production, scientific research and population services are the main industries within Shark Bay. The area became World Heritage listed in 1991 - the first in Western Australia. 10 SERVICES & 02 INFRASTRUCTURE Services Key Infrastructure Visitors, businesses and residents Properties in Denham are well supported by in the Shark Bay region are access to utility services. supported by a range of quality services. The majority of Denham and the areas closest to the coastal foreshore and Knight Terrace have Shark Bay School been provided with sewerage through an infill sewer program. Some of the northern sections of State Emergency Services the main Denham townsite remain unsewered. Bush Fire Brigade Those undeveloped properties continue to rely on on-site treatment and disposal systems. WA Police Department of Primary Denham is on a unique dual supply system of Industries and Regional saline and desalinated water. About 60% of the Development (Fisheries) water is treated at the desalination plant, stored in a tank and distributed around the town for Department of Biodiversity, drinking water purposes. The untreated water Conservation and Attractions is stored in a separate tank for distribution Water Corporation around the town for non-potable use. Horizon Power Denham has its own power supply provided Silverchain Medical Centre by wind turbines and diesel generators. St John Ambulance Remote properties utilise diesel and renewable energy and battery storage systems. Shark Bay Pharmacy Shark Bay Airport Major roads between Denham, Monkey Mia and regional locations are sealed and Shark Bay World Heritage regularly maintained, with up to $1.5 million and Discovery Centre being spent on Shire roads each year. Shark Bay Community Resource Centre Shark Bay Community Sport and Recreation Centre Supermarkets Cafes and restaurants Hotels, motels and serviced apartments Caravan parks Boat pens, ramps and marine facilities Shire of Shark Bay services Wooramel Dirk Hartog Francois Peron Monkey Mia Island National Park Faure Island AAirport Denham Steep Carbla Point Useless Loop Hamelin pool Marine Nature Nanga Reserve Bay Carrarang Shark Bay Marine Park Hamelin Pool The Shire of Shark Bay Lago on Rd e riv D ley ow a R ell St Nerren Nerren Dump Rd ad Henfry Rd Ro a i es M Henfry Rd y e minghCr Da k a mpier Vl n Dump Rd R o d M Dampier Rd Mitche cinet Dr Dampier Rd ll Rise Frey St ella R o ult St w Fran Ho l cis e Dr Capewell y D Rd ri ve Durlacher St Durlacher y Spaven Wa ad Hartog Cres Ro k Bay Shar Knight Terrace oad Hughes St R am nh De Fry Cr Kalbarri (70km) 12 MAJOR 03PROJECTS Public Works Programme A range of government funded initiatives have These projects have complemented the $7 million been delivered over the past five years, including Shark Bay Sports and Recreation Centre which was new infrastructure and interpretive material completed in 2012.
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