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$110M Redevelopment Plan Unveiled for Victor Harbor’s Anchorage Site

by Diah Puspitasari
$110M Redevelopment Plan Unveiled for Victor Harbor's Anchorage Site - redevelopment plan
South Australian firms Westside Constructions and John Seymour Consolidated partner to redevelop the Anchorage site in Victor Harbor.

A $110-million plan to redevelop the Anchorage property in Victor Harbor has been unveiled for the notable Fleurieu Peninsula waterfront location. South Australian firms Westside Constructions and John Seymour Consolidated have partnered in a joint venture to construct a six-level hotel together with a private residence building at 21-29 Flinders Parade.

The scheme calls for the creation of 45 apartments, 63 hotel rooms, a dining venue and bar, an executive retreat equipped with spa and wellness facilities, as well as space for events. The partners also intend to refurbish the existing Anchorage heritage building, previously identified as Warringa Guest House, which holds a designation as a state heritage place.

The project would incorporate roughly 500 public parking spaces. At present, the Anchorage operates as a seaside hotel located at 21 Flinders Parade, with its heritage structure dating back to the early 1900s.

Council records from Victor Harbor indicate that a prior $40-million redevelopment had been sanctioned, featuring a six-storey hotel offering 126 rooms, five two-storey penthouses, a conference facility, and restoration work on the heritage building. That earlier concept also comprised a 266-space multi-level car park on municipal land, allocating 89 spaces to the hotel.

The newly submitted joint-venture plan is distinct from the earlier proposal, the companies say. While it has obtained council planning approval, it still awaits the partners’ own feasibility analysis and due diligence. Should the venture move forward, building activity is slated to commence in mid-2027.

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Greg Phillips, chief executive of Westside Constructions, stated the development would merge the heritage structure with a new hotel and a residential element. John Seymour Consolidated is owned by the Thomas family, which also controls the meat-processing firm Thomas Foods International.

Victor Harbor’s apartment sector is currently experiencing heightened demand, with rental rates reported to have climbed 17 percent during the year ending 2026. The area has also seen the launch of upscale residential projects, such as the Breeze project on Flinders Parade, where a two-level penthouse was recently listed for $2 million.

In the same community, International Workplace Group has opened a flexible-work centre named Regus Victor Harbour on Torrens Street. IWG says the site will address rising demand for adaptable office space outside South Australia’s capital.

IWG spokesperson Aleisha Byles highlighted growing interest in the firm’s offerings beyond metropolitan Adelaide. Victor Harbor is a natural addition to our South Australian network, extending access to premium workspace into one of the state’s fastest-growing regional communities, she said.

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