Fraser Island assets up for sale
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Kingfisher Bay Resort Village Pty Ltd have appointed exclusive agents Jones Lang LaSalle Hotels to market for sale their multi-award winning freehold and leasehold resort interests and associated businesses on Fraser Island.
The assets being offered for sale include the 152 room Kingfisher Bay Eco-Resort located on the protected western-side of Fraser Island which comprises four restaurants and bars, conference facilities, shopping village, significant excess development land as well as management rights to 100 self contained villas and a 200 bed Wilderness Lodge.
Kingfisher Bay Resort Village P/L, in partnership with Japanese owned Cosmos Australia developed Kingfisher Bay Resort Village in 1990 and has operated the resort since opening in 1992.
In 2002, the company extended its interests on the island by acquiring the Eurong Beach Resort, on the eastern-side of Fraser Island, along with associated substantial tour and barge businesses. These assets were acquired from Sid Melksham, the original developer who had progressively built up the assets since the 1960’s. Eurong Beach Resort is situated on 3.4 hectares of land of which approximately 1.4 hectares of immediate beachfront freehold land is surplus to current business requirements and presents a prime future development opportunity.
Kingfisher Bay Resort Village P/L, in partnership with Japanese owned Cosmos Australia developed Kingfisher Bay Resort Village in 1990 and has operated the resort since opening in 1992.
In 2002, the company extended its interests on the island by acquiring the Eurong Beach Resort, on the eastern-side of Fraser Island, along with associated substantial tour and barge businesses. These assets were acquired from Sid Melksham, the original developer who had progressively built up the assets since the 1960’s. Eurong Beach Resort is situated on 3.4 hectares of land of which approximately 1.4 hectares of immediate beachfront freehold land is surplus to current business requirements and presents a prime future development opportunity.