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The developer of a $120 million surf lodge at Wisemans Ferry on the Hawkesbury River that will offer pristine surfing conditions 365 days a year in a state-of-the-art wave pool has turned to NSW’s army of wave riders to help fund its construction.
Balnce, the company undertaking the project, which is backed by world surfing champions Stephanie Gilmore and Joel Parkinson and other pros, is seeking to raise the funds through an unlisted property trust. The minimum investment is $30,000.
The surf lodge will include a wave pool the size of four football fields.
Its target investor will be the older, cashed-up surfers seen donning wetsuits after work or on weekends to hit the waves at their local beach as well as non-surfing wholesale and retail investors.