Resort

The largest private landholding with beach frontage on Phillip Island has hit the market. The 15,363sqm site is made up of seven titles, all in a residential zone, and has been home to the Kaloha Holiday Resort for more than 40 years.

One of NSW’s largest hospitality groups has bought Whitsunday’s Long Island for close to $20 million. Oscars Hotel Group, owned and operated by brothers Bill and Mario Gravanis, has plans to significantly redevelop the resort which has been closed for five years. This is the group’s first Queensland investment.

Olivia Newton-John is selling her wellness retreat in Byron Bay, saying the time has come to “pass the baton” to new owners.

Buying a luxury villa on the Great Barrier Reef just got a whole lot easier, with Malaysian conglomerate Mulpha Australia kickstarting the development of the remainder of its 21-site luxury villa estate on idyllic Hayman Island.

The embattled Mayfair 101’s plans to sell or rent out a swag of the properties it bought in Queensland’s Mission Beach have been put in doubt as the senior lender on the portfolio has begun putting them on the market itself.

Embattled fund manager Mayfair 101 is pitching a plan to turn around the fortunes of its redevelopment of the once iconic Dunk Island and Mission Beach into a $1.5.bn tourism hub.

Hoteliers report a strong upsurge in the popularity of regional boutique hotels and retreats, but the same strong performance can’t be said of city properties in the ongoing global pandemic.

A major resort and golf course on the Surf Coast will hit the market this month after receivers were appointed.

Hepburn Springs’ historic Bellinzona Resort is set to undergo a multimillion-dollar refurbishment, now Tony De Marco and Theresa Albioli have added it to their portfolio of luxury accommodation properties.