HotelsAnother island resort is waiting for a new owner.

Grab your own slice of paradise on the Great Barrier Reef

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There are plans for 44 luxury villas, a spa, a restaurant/lounge bar and an infinity pool at Long Island Resort.

The sale plans for Long Island Resort - an eight-hectare property in the Whitsunday Islands - coincide with several high-profile island resort launches, including Daydream Island, Intercontinental Hayman Island and Elysian Retreat – a boutique, 10-room eco resort, which is also located on Long Island.

Rising investor interest in luxury leisure assets has underpinned a new sales campaign for Long Island Resort - part of the UNESCO World Heritage listed Great Barrier Reef.

The sale plans for Long Island Resort - an eight-hectare property in the Whitsunday Islands - coincide with several high-profile island resort launches, including Daydream Island, Intercontinental Hayman Island and Elysian Retreat – a boutique, 10-room eco resort, which is also located on Long Island.

“Queensland’s Great Barrier Reef islands are going through a period of resurgence, underpinned by a A$55 million (US$38.3m) in investment from the Queensland Government to get the region’s resort sector back open and operating,” said CBRE Hotels’ agent Hayley Manvell.

“This investment will facilitate the delivery of critical infrastructure with innovative environmental outcomes and has led to four new or refurbished Great Barrier Reef island resorts opening in 2019,” she added.

Long Island Resort was originally developed by Contiki and has been owned by Ocean Hotels for the past 25 years. There are plans for 44 luxury villas, a spa, a restaurant/lounge bar and an infinity pool.

CBRE Hotels national director Wayne Bunz said it was clear that the most successful Australian leisure assets were ultra-luxury, smaller scale developments of the likes of Qualia, Bedarra Island and the Baillies Lodges, which include Southern Ocean Lodge, Longitude 131 and Cappella Lodge Lord Howe Island.

“This has been evidenced by global interest from investors in acquiring these types of leisure assets, with recent deals including KSL Capital Private Equity Group’s acquisition of a stake in Baillie Lodges and subsequent purchase of Silky Oaks Lodge in the Daintree Rainforest; Aldesta Hotel Groups acquisition of Heron Island and Greaton Group’s acquisition of Keswick Island,” Bunz said.

Long Island Resort is situated on the closest Whitsunday Island from the mainland, being only seven kilometres off the Queensland coastline, situated between Hamilton Island and Airlie Beach accessible via the Cruise Whitsundays ferry circuit or privately chartered water-taxi or helicopter.

“Long Island Resort features mainland power and presents strong foundations for an incoming purchaser to redevelop and re-establish this once thriving island getaway and realise its true potential,” Manvell said.

The Expressions of Interest campaign closes July 11, 2019.


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