Long Island is understood to have been sold for $20m to a Sydney based hotel group. The island was sold via Hayley Manvell and Wayne Bunz of CBRE Hotels in an Expressions of Interest campaign.
Long Island is understood to have been sold for $20m to a Sydney based hotel group. The island was sold via Hayley Manvell and Wayne Bunz of CBRE Hotels in an Expressions of Interest campaign.The buyer is expected to do a significant redevelopment into an upscale resort.
The island was sold via Hayley Manvell and Wayne Bunz of CBRE Hotels in an Expressions of Interest campaign.
Hayley Manvell told WILLIAMS MEDIA, “Australia’s tourism industry is going through a renaissance, and the Whitsundays region has certainly been a key beneficiary of the rebound in domestic travel, a trend which will only become stronger in future”.
Wayne Bunz told WILLIAMS MEDIA, “Astute investors are more than ever seeing the incredible opportunity that Australia’s tourism industry offers, as domestic tourism will continue to be strong and international travel will have an incredible rebound when the international borders reopen”.
"The level of enquiry we are seeing for regional and leisure assets right now is at unprecedented levels, it is also particularly encouraging to see domestic capital shifting out of their key markets, predominantly Sydney and Melbourne, and into other destinations that in the past they may not normally have had interest in”, said Mr Bunz.
Long Island Comprising eight hectares (approx..) of prime dual beachfront land in the pristine Whitsunday Archipelago within The Great Barrier Reef.
The absolute beachfront island resort is located on perpetual leasehold land spanning from the 350 metre wide Happy Bay beachfront to the rear second beach frontage. The island features stunning, palm fringed white sand beaches, sparkling azul waters and unspoiled rainforests. Easily accessible as the closest Whitsunday Island to the mainland, located only 7Km off the Queensland coast and halfway between the region's two airports.
To request the sales marketing information please email either of the selling agents via the below contact forms.