Following the damage caused in March by Cyclone Debbie, the resort’s hotel and conference facilities are being upgraded, and will re-open in August 2018.
Resort Brokers Australia release their December 2017 Informer Magazine
Resort Brokers Australia reports a record in activity and turnover with their running tally for the 2017 calendar year showing 173 settled sales of properties across all states and territories, with a total value nudging $290 million.
$252m Twin-Tower hotel approved for Melbourne's Fishermans Bend
The application for Melbourne development company R. Corporation's $252 million twin-tower apartment and hotel project in Fishermans Bend has been accepted.
Perth property due buy historic Coogee Hotel and Post Office
The 116-year-old hotel sale was sold for $2.3 million to restaurateur Nic Trimboli and property developer Adrian Fini after a sale process steered by Colliers International’s Tory Packer on behalf of the vendor, Main Roads WA.
Tavern to join Perth's Alkimos Beach Gateway Shopping Precinct
One of Perth’s newest shopping centres, The Gateway Shopping Precinct at Alkimos Beach, is settling into its beachside location with new leases for a tavern and food tenancies, including a tapas restaurant.
The businesses of Portmans Motor Lodge, BK’s Chardonnay Motor Lodge and Te Awa Motel have sold in the past months finishing off a strong year for Resort Brokers New Zealand.
ALH Group divests second venue in $86m Perth portfolio
A private buyer has made their foray into the WA hospitality sector, purchasing ALH Group’s Brighton Hotel in Mandurah which sold under the hammer for $3.675 million.
New hotel development opportunity for Sydney’s Iconic Sirius Building
Savills, on behalf of the NSW Government, has announced that a public sales campaign will commence for the divestment of the Sirius building, located at The Rocks, Sydney, with funds raised used to invest in new social housing across NSW.
AVANI Broadbeach Gold Coast Residences Opens on Surf Parade
AVANI Broadbeach Gold Coast Residences occupys a prime beachside address on Surf Parade, which connect guests with the city’s most popular attractions and experiences.