Located on iconic Moreton Island, Tangalooma Island Resort is self-sufficient, boasting an internationally recognised ecocentric business model featuring environmentally conscious dolphin and whale experiences. 

The Resort is being offered in part or whole via an Expressions of Interest campaign, through exclusive marketing agents Michael Simpson, Vasso Zographou, and Leon Alaban of Savills Hotels. 

The investment opportunity includes the Freehold Land, Leasehold Land, Permits and Wet River Leases of Tangalooma Island Resort, the Holt Street ferry terminal in Pinkenba, and the associated Marine Operations business located in Eagle Farm. Existing Development Approvals add to the value of the property allowing for flexible development opportunities. 

“Apart from the resort’s overnight guests, day-visitor numbers to Tangalooma continue to grow, highlighting the natural beauty and appeal of Moreton Island to a diverse market mix” Mr Alaban said. 

Located a short 35km offshore from mainland Brisbane, Tangalooma Island Resort is the sole resort facility on Moreton Island attracting both, domestic and international visitors. 

The Resort manages 233 hotel rooms and a multitude of house and apartment style accommodation options to accommodate guests, who are presented with picturesque white sandy beaches and uninterrupted National Park views.  

“Even though the Resort is only a 75 minute boat ride from Brisbane, it really does feel like you’re in a secluded paradise without taking an uncomfortable long-haul flight,” Mr Alaban said. 

Visitors to the island can also engage in captive tourist attractions including whale watching, desert safari tours, and the exploration of sunken shipwrecks on snorkelling tours.  

Managing Director of Savills Hotels, Michael Simpson said the Resort comes with a significant development upside, with a simple planning approval process in place. 

“The current process allows for the new owner or investors to commence development upon approval, as if it was all part of the Resort’s ‘master plan’,” Mr Simpson said. This is because the resort’s Masterplan has approval under Clause 71 – generally in accordance with – which provides surety of future plans being completed.  

Savills Director of Hotels, Vasso Zographou said that the campaign timing has coincided with a period of strong domestic and international visitation growth through the Tourism Industry.

With the injection of significant capital the Resort would benefit from additional accommodation offerings and resort facilities given the buoyant Tourism market at present. 

The resort has experienced record occupancy numbers over recent years which augers well for the development opportunities which come with the resorts planning approval process.

Ongoing development of projects such as the Brisbane International Cruise Terminal and the Brisbane Airport Expansion will provide improved transportation capacity, and the Queens Wharf and Howard Smith Wharves projects also demonstrate the continued unprecedented growth of the region.

Expressions of Interest are closing Friday 22nd June 2018 at 4pm.

To discuss the sale in further detail and request an Information Memorandum, contact Michael Simpson or Leon Alaban via the below contact details.

See also:

Palaszczuk Government kicks off ‘Brisbane Live’ business case

Sunshine Coast's Badderam Eco Resort receives green light

$583m redevelopment for Lindeman Island Resort

Brisbane's Eagle Street Pier $1.4bn Dexus upgrade