After 3 years of closure, the resort that used to be Australia’s most popular tourist spot now has vacant buildings, surrounded by overgrown grasslands, full of rubbish, lagoons, etc. The outdoor pool became rubble and debris.
In the 1980s, Capricorn International, then known as the Iwasaki resort, was a sparkling gem in Australia’s tourist crown. This attraction contributes to attracting domestic and foreign tourists to the town of Yeppoon on the central coast of Queensland, the northeastern city of Australia.
For decades, the resort has been calling for repairs. Despite repeated promises of redevelopment and government intervention, the fate of the hotel remains fragile. Everything is now far different from the glorious moment in the past.
This resort is very important to the locality. A few years after the Great Keppel Island offshore was closed, the resort gradually deserted. This incident is an attack on the local economy. Developed by wealthy Japanese businessman Yohachiro, Iwasaki, the resort boasts hundreds of suites, numerous bars, restaurants, a shade garden, world-class golf course and large swimming pool, covered surrounded by 9,000 hectares of trees.
In 2016, when most of the resort’s infrastructure was degraded, the operator of the resort packed and left. The Iwasaki family still owns the resort website and promises to find a joint venture partner to return to the glorious time.
A few months after the resort closed, Annastacia Palaszczuk, the head of Queensland, met his grandson Iwasaki, Yoshitaro, who now runs the family’s business. This is the third meeting with the purpose to ensure the development of the resort in the future.
Iwasaki Corporation proposed renovating $ 600 million, including a 5-star hotel with 300 new rooms, refurbishing existing suites and a community of 8,000 houses, etc. In a meeting with the local chamber of commerce in mid-2017, Palaszczuk said he was determined to let the resort be opened and refurbished. However, 2 years later, the resort is still in limbo. There is no progress in the ambitious plan to save existing facilities and build new constructions.