Coral Sea Resort at Airlie Beach listed for sale

Coral Sea Resort at Airlie Beach listed for sale
Coral Sea Resort at Airlie Beach listed for sale

Coral Sea Resort, one of the tourist destinations at Airlie Beach, has been listed for sale.

CBRE Hotels have been appointed to market the four-star resort on behalf of Sydney-based owner Darrol Norman. 

The 25 Ocean View Avenue holding comprises 60 large guest suites, with a total inventory of 73 keys in the resort letting pool, conference and function facilities, tour desk, gazebo, private jetty, and the Clipper Restaurant and Lounge.

CBRE Queensland Director Paul Fraser said the asset has been held by the same owner for over 20 years.

"The family has now decided to divest their prized asset to focus on retirement," Fraser said.

"This is a quality hotel which presents exceptionally well, having been maintained with constant capital expenditure.

"The resort has an unrivalled location, positioned on a 7,521 square metre ocean front site between the CBD and Abell Point Marina and offering spectacular views over the Coral Sea coastline.

"It is arguably the best site in the Airlie Beach region," Fraser added.

Offers for the Coral Sea Resort close April 12.

Tags: 
Hotels Airlie Beach

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