JLL Hotels & Hospitality Group announce the sale of the Blue Dolphin Holiday Resort, Yamba, on behalf of the Mitchell family in the most significant transaction the sector has seen.

Situated in the revered Yamba, the resort provides over 300 metres of uninterrupted waterfront views, multiple accommodation offerings (mix of cabins and caravan sites), a service station (going concern) and market leading facilities all spread across 5.82 hectares of prime tourism zoned land.

NRMA’s acquisition of the iconic Blue Dolphin comes just months after the member organisation’s purchase of the Angourie Resort (also negotiated by JLL), just five minutes’ drive away, the Blue Dolphin further strengthens the groups member offerings within the sought after region.

The sale represents the end of a 34 years of tenure for the Mitchell’s at the Blue Dolphin which has seen them significantly upgrade the resort.

“JLL congratulates the Mitchell family on the transaction and the indelible impact the family have made on the region over the past 30 plus years, and further acknowledges and celebrates with NRMA on this significant addition to their portfolio” stated Tom Gleeson, Senior Vice President JLL Hotels.

JLL has been witness to amplified activity and interest within the Holiday Park sector with in excess of $140 million worth of assets either settled, under agreement or currently on market in the first half of 2024.

Mr Gleeson adds “With Holiday parks providing attractive investment fundamentals of significant cash flow, large land holdings within desired locations we expect the demand to only heighten moving forward.”

For further information on this sale or for a discreet discussion on your investment objectives, please feel free to reach out to one of the team.

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Blue Dolphin Yamba sold by JLL