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Emerging Investment Opportunities
Food Related Opportunities
- Value Adding
Detailed research of production systems in the region having regard to price, quality, delivery and reliability of supply indicate that there are good investment prospects in the following areas:
- Cooperative packing and distribution centres for fruit and vegetables
- Processing of fruit and vegetables to supply food service and manufacturing sectors
- Sophisticated processing and development of niche fruit and vegetable products
- Confectionery production
- Macadamia nut processing
New and under-developed sectors include chicory, ginger, coffee and industrial hemp.
There also exists niche opportunities for engineering and manufacturing to support these emerging food related opportunities.
The Bundaberg Industrial Park Stage 1 Food Precinct and others have been developed to facilitate the establishment of these value adding opportunities. The Queensland State Government and Bundaberg City Council have constructed this precinct at a cost of $6.5M. It is strategically located to capitalise on the surrounding, supporting infrastructure and is well separated from residential areas - ensuring that the usual encroachment issues are minimised. Land is still available at the Precinct and further detailed information can be obtained by contacting Naomi Bartlett on (07) 4153 9933.
Value Adding Opportunity Area
- Avocado and avocado oil processing
- Chicory production and processing
- Coffee production and processing
- Eggplant packing and processing
- Ginger production and processing
- Industrial hemp production and processing
- Inland aquaculture production and processing
- Macadamia nut processing
- Machine harvested capsicum production and processing
- Derived pharmaceuticals, nutraceuticals, and functional foods
- Recycling technologies
- Specialised food drying technologies
- Specialised bean production and processing
- Specialised beverages production
- Wasabi production and processing
(Source: Pinnacle Management, Bundaberg Food Precinct: Marketing Strategy, Final Report March 2002: 12)
There also exists niche opportunities for engineering, manufacturing and research and development to support these emerging food related opportunities.
Tourism Opportunities
- Eco-Based Tourism
The Woongarra Marine Park, Southern Great Barrier Reef, Mon Repos Turtle Rookery, Whales, Baldwin Environmental Park, Burnett River, Kolan River, Baffle Creek and other National Parks are all within close proximity of the City, This range of natural assets provide a sound base for eco-based tourism.
- Riverside Parklands
Stage 1 of the Parklands was completed in December 2003. Investment opportunities that exist within the Riverside Parklands include an integrated convention centre and hotel, water based recreation, interpretative tourism experiences, restaurants and retail.
- Indigenous Cultural Tourism
Investment opportunities exist for the development of regionally significant indigenous tourism attractions, highlighting, in particular, traditional indigenous arts and culture. The region is keen to see these aspects of culture retained and celebrated and integrated with the arts through various programs and experiences.
- Events
Opportunities exist for events to be held at the Riverside Parklands and throughout the City's parks and gardens and first class sporting facilities. To find out more about these opportunities, contact Ainsley Hale on (07) 4153 9976.
Lifestyle Opportunities
- Retirement Destination
Substantial investments exist in retirement villages, residential aged care facilities and community care throughout the region. There are a number of lifestyle choices including "resort" style developments with sporting and other facilities on offer. Serviced apartments can also be found where meals, cleaning and laundry are included in addition to on-call personal assistance. Bundaberg offers a superb climate and lifestyle for this growing market.
- Health, Aged care and Lifestyle Maintenance
Market trends indicate that demand for an holistic approach to maintaining lifestyle is increasing. Coupled with current demographic trends, access to major health, sporting and recreation services and facilities is under pressure. Bundaberg Coral Coast is ideally located to take advantage of this opportunity. Health and allied professionals employment opportunities abound with the lifestyle advantages that only a major service centre can offer.
Sport, Leisure and Recreation
The demographic characteristics of the Region, the quality of its sporting and recreation facilities and past successes highlight that event based, structured and unstructured sport, leisure and recreation opportunities exist.
- Residential Airpark
Kensignton Lakes is the name of an exiting new residential and business airpark currently being developed in Bundaberg. It provides the opportunity for recreational flyers to live in a modern Queensland coastal city, and to have immediate access to the skies from their own private hangar.
For more information, see the Kensington Lakes website: Kensington Lakes
Bundaberg Port Opportunities
- Marina Complex
The Bundaberg Port's Stage II development at the Trawler and Marina Complex is now complete. The Port Authority is looking to facilitate development proposals for the Stage III area. Demand for small craft facilities continues to increase and appropriate infrastructure needs to be provided to attract vessels and tourists alike. TAFE Queensland has opened a purpose built Maritime Training Centre complimented by a fully operational training vessel and an engineering workshop.
- Seafood Processing
In addition to well established marine related industries currently at the Bundaberg Port, there exists significant potential for seafood and aquaculture processing.
- Residential
The port has substantial land reserves available to cater for a mix of land uses, including residential and allied service needs. Forward planning has ensured that uses are located to ensure compatibility of activities and to maximise lifestyle benefits. As this precinct evolves the demand for river passenger services is also expected to increase.
Aviation Related Opportunities
Superb flying opportunities in the region's air space and the success of Jabiru Aircraft, Microair Avionics Pty Ltd, Bundaberg Helicopters, engineering firms, training schools and the establishment of the Queensland International Air Show, by Aviation Events Australia, and the Bachelor of Aviation Technology at the Bundaberg Central Queensland University campus locally combine to create a unique synergy across the wide spectrum of the aviation industry - manufacturing, training and services. Investment opportunities exist for the manufacture, supply, testing and development of aviation related equipment, training of skilled professionals, student accommodation and tourism oriented ventures.
- Residential Airpark & Associated Business Airpark
Kensignton Lakes is the name of an exiting new residential and business airpark currently being developed in Bundaberg. It provides the opportunity for recreational flyers to live in a modern Queensland coastal city, and to have immediate access to the skies from their own private hangar.
A business airpark is also proposed for those industries and organisations that value direct airside access for their own aircraft or access to air operations generally. For more information, see the Kensington Lakes website: Kensington Lakes
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