Media
Media Information
Foundation facts and approved information for journalists and professional stakeholders.
Foundation Fact Sheet
- Legal Name
- 52 Degree Foundation Limited
- ABN
- 89 682 805 072
- ACN
- 682 805 072
- Entity Type
- Australian Public Company
- ACNC Status
- Registered Charity
- Charity Classification
- Public Benevolent Institution
- DGR
- Endorsed Deductible Gift Recipient
- Managing Director
- Silvija Romano
- Primary Work
- Grants, scholarships, fundraising and community support for eligible children and young people
- Official Website
- 52degreefoundation.org
Airlie Beach Yacht Club Property
52 Degree Foundation Limited is progressing the proposed acquisition of the purpose-designed Yacht Club premises at 1–7 The Cove Road, Airlie Beach.
- Purpose
- To establish a permanent property base for a community-based, not-for-profit Yacht Club serving members, sailing, competition, recreation and the wider Whitsunday community.
- Property Developer
- Brookfields La Perla Landco Pty Ltd
- Managing Director — Development SPV
- Michael Mammen
- Public Parking
- The wider development includes a four-level structured parking facility intended to support Club and broader public parking demand, with long-term ownership or operation capable of being structured separately through a specialist parking operator.
- Planning Status
- The proposed development remains subject to statutory approval.
Media FAQ
What exactly is 52 Degree Foundation purchasing?
52 Degree Foundation Limited is progressing the proposed acquisition of the Yacht Club premises within the wider 1–7 The Cove Road development. The transaction is intended to secure a permanent home for Airlie Beach Yacht Club.