Aventuur secures Royal Automobile Club backing for Perth Surf Park
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The news: Developer Aventuur has secured institutional investment from the Royal Automobile Club of Western Australia (RAC), along with further investment from existing project partner Wyllie, for its Perth Surf Park project.
The numbers: Aventuur said the milestone will enable construction to start later this year, with a public opening slated for late 2027.
Located in Central Cockburn, the $120 million surf park will be home to a 2.2 hectare surfing lagoon and is expected to attract up to 1 million visitors per year.
With institutional investment from RAC and the Perth-based Wyllie family now secured, Aventuur is planning to commence construction of the Perth Surf Park in the second half of 2025.
What they said: "The Perth Surf Park represents the first major tourism attraction to be delivered in Perth in over 30 years and is currently the single largest private investment in tourism infrastructure in the State," said Aventuur chair and chief development officer Andrew Ross.
"Both RAC and Wyllie have a long and proud history of supporting tourism ventures, and their investment in this once-in-a-generation project is just the latest example of this enduring commitment to investing for the benefit of the Western Australian community."
RAC group CEO Rob Slocombe commented: "We’re proud to be investing in a soon-to-be iconic West Australian destination which will provide the WA community a unique, world-class experience, with RAC members set to gain access to a range of member benefits and exclusive offers."
The source: Aventuur media release
