Tourism commercial property

Tourism commercial property investment news, insights and market updates.

Life of leisure: seven theme parks for sale around Australia
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Life of leisure: seven theme parks for sale around Australia
From water parks, go-karts and laser tag, to bowling, game arcades and trampoline parks, leisure facilities in the right location can pay dividends for owners with vision.
Aussie firm hopes to ride wave of success with $187m surf park
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Aussie firm hopes to ride wave of success with $187m surf park
An “insane” world-first, wave-generating surf pool near the Queensland town of Yeppoon – built in 2018 as a prototype by an Aussie start-up – could be open to the public by late 2022 if a $187 million development plan gets the nod.
Buyer plans to create a ‘desert oasis’ at outback caravan park
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Buyer plans to create a ‘desert oasis’ at outback caravan park
Queensland-based villages and parks owner Lifestyle Villages has bought the BIG4 Stuart Range Outback Resort for an undisclosed price in a bid to create a “desert oasis” for tourists.
Olivia Newton-John lists Byron Bay lifestyle retreat
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Olivia Newton-John lists Byron Bay lifestyle retreat
Olivia Newton-John is selling her wellness retreat in Byron Bay, saying the time has come to “pass the baton” to new owners.
SA’s Puzzle Park at Murray Bridge set to be razed following latest sale
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SA’s Puzzle Park at Murray Bridge set to be razed following latest sale
It was once one of the state’s most popular tourism destinations. Now the former Murray Bridge amusement park, which has been left to deteriorate for 14 years, will be cleared.
NRMA buys high-profile Tasmanian resorts for $130 million
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NRMA buys high-profile Tasmanian resorts for $130 million
NSW motoring organisation the NRMA is defying the tourism downturn with the $130 million acquisition of several high-profile Tasmanian resorts, including Frey­cinet Lodge and Cradle Mountain Hotel.
QLD resort that rivals a theme park for sale with ‘limited time COVID-19 special price’
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QLD resort that rivals a theme park for sale with ‘limited time COVID-19 special price’
The agent marketing a Gold Coast rural resort that could rival a theme park did not hold back when the sale fell through. He even put his frustrations in the new listing.
China-linked group snares Badgery’s Creek land for $500m
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China-linked group snares Badgery’s Creek land for $500m
Sydney’s property-developing Medich family has reaped almost $500m from the sale of a major site near the planned Western Sydney Airport
Regional tourism and leisure assets attracting buyer interest
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Regional tourism and leisure assets attracting buyer interest
There is increasing buyer interest in regional tourism and leisure properties as Australians holiday at home during the coronavirus pandemic.
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