South Molle Island Resort Great Barrier Reef - SOLD

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Sold for 25,500,000 AUD Date of Sale: September 2016
Rooms: 202
Price Per Room: 126,238 AUD
Property Id : 29094

JLL Hotels & Hospitality Group, as exclusive agent, is delighted to offer for sale the perpetual leasehold interest in South Molle Island (the “Island”, “Property” or “Asset”), arguably one of the best parcels of developable real estate in the world renowned Whitsundays.

Internationally renowned and marketed, the global awareness of the region continues to benefit investors with strong annual growth in visitation, excellent hotel trading performance and the heralded success of new developments.

South Molle Island is one of the closest islands to the town Airlie Beach which serves as the hub of this burgeoning region. The Property features a 600 metre frontage to one of the only protected north-facing white sand beaches in Australia. Its adjoining circa 12 hectares of land has the development potential for over 1,300 rooms (STCA), with a further 15 hectare parcel situated in the middle of the island. The island therefore presents the unique and rare chance for a fully integrated resort development in Australia’s tropical tourism capital.

This offering affords the visionary opportunity for an incoming investor to acquire an unprecedented land holding in one of the most globally recognised tourism destinations.

Peter Harper

Managing Director, Head of Investment Sales Australasia
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