Just one year after the completion of the $100 million marine infrastructure expansion which resulted in the world-class superyacht facility and marina berths, The Boat Works Stage 3 has been ushered in, a new services hub for marine professionals, representing an additional $30 million investment. The new workshop expansion is the final opportunity for marine businesses to secure tenancies in the two yards located in the Gold Coast Marine Precinct and demand is high, with over 60 percent already leased.
Construction has been spurred on due to the high demand of boats – an exponential growth triggered since opening the additional Northern yard. This extra capacity has attracted vessels from 24-metres through to 75-metres in length, for both in and out of water service, maintenance and refit requirements. This influx combined with a surge in boat purchases has created the opportunity for more jobs.
According to The Boat Works General Manager, Shane Subichin, “It is boom time in the boating industry. More boats equal more jobs.
“Covid travel restrictions mean Aussies are holidaying at home. Owning a boat gives them the freedom to explore the coastline and islands all over Australia.
“We are seeing a tremendous increase in boating and boat sales, additional haul outs and survey inspection lifts each week. The 80+ tenants based onsite are experiencing a steady flow of work and many are reporting a marked rise in demand and are hiring more skilled trades to keep pace.”
The Boat Works undertakes more than 5,000 boat movements per year, facilitating a range of vessels regardless of the size or make. Conveniently located in the heart of the Gold Coast Marine Precinct, we are the most advanced and highly respected marine industry destination in the Southern Hemisphere. The Gold Coast Marine Precinct is headquarters for internationally recognised brands, manufacturers, suppliers, refit and maintenance specialists, trades and services, supporting around 6,000+ jobs across the 250 hectare hub.
First to occupy the new state of the art workshops will be foundation tenants who have expanded, including Choice Stainless, building on more than 30 years’ experience in stainless steel manufacturing and fabrication.
Stella Marine is another major marine business now occupying new premises. Stella is Australia’s largest manufacturer of marine desalination solutions, as well as the largest service and retrofit centre in Australia for fin stabilisation systems, providing both hydraulic and full electric solutions.
Luxury Boat upholsters and trimmers, Bayline Marine Covers, have taken premises and have a track record of remarkable results specialising in custom fit outs on a variety of boat brands such as Maritimo, Iliad and Fountaine Pajot, Lagoon extending through a variety of customised interior work on a range of 30-40m Superyachts here within the Super Sheds.
Continued expansion works are in the pipeline, to incorporate additional refinishing works Sheds that will complement the comprehensive options within the boat yard and Superyacht facility.
Read another article about Asutralia’s Superyacht market: Australia’s domestic superyacht industry booming
