Knight Frank has the exclusive opportunity to offer for sale or lease the Austal Shipyards (previously North West Bay Ships) at 30 Waterworth Drive, Margate, a purpose built shipyard and significant land bank in the growing municipality of Kingborough. This is a rare opportunity to secure one of Tasmania’s most up to date shipyards, which has only changed hands once since its construction in 1999.

The property exhibits a range of potential uses. The 3 main buildings include 223m2 of designated office space, a huge 3,570m2 fabrication shed with offices and amenities and a 1,096m2 joinery workshop. The property also has a 63 metre concrete wharf with deep water access, an 80 metre long slipway rated to 600 tons, and a separate crib room. There is significant well maintained hardstand area.

It is a substantial 5.48ha land parcel with waterfrontage, slipway and jetty, and impressive buildings. There is planning approval in place for an additional 3 bays to be added to the fabrication shed.