Resort

Royal Caribbean has stolen a march on its rivals, including Carnival, taking a 75-year lease on an island in Vanuatu to offer passengers a private destination on its South Pacific cruises.

There are few status symbols that hold up to owning an island and, for those looking to take the plunge, the stunning coastline of Australia has a range of sublime islands for sale.

Queensland’s island resorts are making a comeback, with Dunk Island set to lead the way under the stewardship of its new owners. the London-based investment group Mayfair 101, which has splashed out more than $30 million on the property.

The Aria Property Group is set to embark on its largest project to date following the approval of a $350 million integrated resort development at Mooloolaba on the Sunshine Coast.

Fresh from the $135 million redevelopment of Hayman Island, Malaysian conglomerate Mulpha Australia is looking to buy more Australian and New Zealand real estate as well as embarking on at least two redevelopments of its existing local properties.

Territory motels, roadhouses and caravan parks are dominating the commercial real estate market with more than $7 million worth of regional assets on offer.

The snap $45 million purchase of retail billionaire Gerry Harvey’s prized Byron at Byron resort on the NSW North Coast has further bolstered the Australian hospitality holdings of Syrian billionaire Ghassan Aboud.

A Townsville waterfront resort with significant future potential is set to hit the market. The Seagulls Resort presents as a well-established business with wide scope for expansion or redevelopment, and is anticipated to attract interest …

Accessible only by air or water, Western Australia’s Wilderness Island and its eco resort are now on the market.