MA Financial Group has contracted¹ to acquire Gold Coast City Marina & Shipyard – one of the largest diversified marina and shipyard operations in the Southern Hemisphere – complementing its existing portfolio of 16 d’Albora marinas and further enhancing the quality and services available to boat owners.

Located in Coomera, Queensland, Gold Coast City Marina is a large, integrated marine precinct accommodating circa 100 vessels in wet berths and over 280 in dry storage. It is underpinned by approximately 30,000sqm of marine industrial tenancies, including four superyacht sheds, and around 35,000sqm of hardstand. The marina attracts both domestic and international clientele, and is recognised as one of the largest diversified marina and shipyard operations in the Southern Hemisphere.

The addition of Gold Coast City Marina further diversifies MA Financial’s marina services and complements its existing portfolio of 16 d’Albora marinas within the MA Marina Fund. It is strategically located within a key east coast boating corridor and, will enhance d’Albora’s network connectivity and provide exposure to the superyacht servicing segment. The acquisition also reinforces the Fund’s strategy to acquire quality marine infrastructure assets that demonstrate established earnings with the potential for long term growth.

MA Financial’s Head of Alternative Real Estate, Brad Couper, said: “This acquisition delivers significant capability to the d’Albora network, and represents a meaningful addition to the Fund. Gold Coast City Marina offers operational diversification across berthing, refit and marine services, tenancy revenue and hardstand offerings. It is a highly complementary addition to our existing portfolio and aligns with our strategy of growing a high-quality east coast marina platform.”

The MA Marina Fund provides exposure to a diversified portfolio of marinas along Australia’s east coast. Since acquiring the d’Albora network in 2023, the Fund has focused on investing in the long-term fundamentals of Australia’s marine sector while enhancing the quality, amenity and service offering across its assets. The portfolio includes established marinas in recognised boating destinations such as Rushcutters Bay, The Spit and Cabarita Point in Sydney Harbour, alongside assets near Melbourne’s CBD and key regional hubs including Nelson Bay and Akuna Bay in New South Wales.

Joint Chief Executive Officer of MA Financial, Julian Biggins, said: “Marinas represent defensive, cash-generative assets that have delivered consistently strong returns for our investors. Gold Coast City Marina adds a strategically located operation with established earnings to the portfolio.

We have strong conviction in the long-term fundamentals of Australia’s marina industry. Demand for premium berthing and servicing remains firm, supported by growth in recreational boating activity and increasing demand for integrated marine services. Assets of this size and quality are tightly held, and we will continue to allocate capital where see durable earnings and clear growth pathways.”