9. WHAT IT WILL COST


Parks Victoria provided $375, 000 of public money to assist the Mornington Yacht Club in the preparation of the EES. It is understood that Mornington Yacht Club members provided much of the rest of the fees. Total cost of the proposals as outlined below, has never been revealed. But……

 

The cost of just one wave screen in 3.5 metres depth of water  was estimated by Coastal Engineering Solutions in 2009, as $1 million plus.


It appears likely therefore that the current proposals for Mornington Harbour will all together cost many millions of dollars.

 

In the 22 October 2004 “Maritime Engineering Feasibility Study Report”, SKM presented indicative costs per berth for a Floating Marina and Wave screen (Table 5.2).

With a 250m long wave screen along the 7.0m depth contour and 200 berths the estimated cost was $68,750 per berth, or a total of $13.75 MILLION at May, 2004 rates- not including :

 

  • Cost of the onshore works-e.g. travel lift and access jetty. 

 

  • Cost of the breakwater or wave screen along the seaward side of the Mornington Pier for its protection.

 

  • Cost of additional length of wave screen to the end of the Pier and extension of the  Pier for protection of the Marina.  

 

  • Cost of underground fuel storage tanks.

 

  • Cost of floating pontoon sewage pump-out and refuelling facility,  and pipelines to the floating pontoon for fuel supply  and sewage disposal. 

 

  • Cost of the travel lift itself, cost of constructing the launch and retrieval basin for the travel lift, which is likely to require sheet-piling,  as well as dredging and disposal of 1600 cubic metres of materials, and possibly on-going maintenance dredging, construction of suitably reinforced hard-stand area for the travel lift.

     

  • Cost of future wash-down facility, and connections to a suitable disposal system- probably the pumped rising main sewer already taking waste water away from the harbour precinct. Careful sealing of all construction joints of the wash down area to ensure that contaminants washed  by pressure hose from the boats will not enter the substrate, and hence contaminate the waters in the harbour.

 

  • Cost of future clubhouse and yard re-development proposed by Mornington Yacht Club. 

 

  •  Ongoing costs of maintenance of infrastructure, moorings, access ways and dredging of the beaches and harbour.

 

The sale of the individual berths within the marina will presumably have to cover the costs of building, ongoing maintenance and associated infrastructure works – berths are likely to cost at least $10,000 to $12,000 per metre length of berth ( as at Blairgowrie Marina-2007). 


This means for instance, that a berth for a 15m yacht may cost $150,000 to $180,000. In addition, there are likely to be annual body corporate charges and annual fees for maintenance, etc. as at other marinas.


For instance, for a 15m berth at Martha Cove Harbour    the quoted commercial costs (June 2009 ) were $198,000 ($13,200/m length of berth) upfront for a 20 year lease with a  one-off tunnel levy fee of $1000 and annual fee of  $4093 for the first year’s operating charges, and an administration fee of $100. Another indication of likely costs of marina berths is the sale at auction of a 10m freehold berth at Martha Cove Harbour   on 25 October 2008 for $225,000.   

 

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