Graham Turner adds Blue Mountains Sangoma resort into Spicers Group
The high-end, five suite Sangoma boutique resort in the Blue Mountains has been sold to the Turner family headed by Graham Turner, the boss of Flight Centre.
No price was disclosed but it is understood that the sale price would reflect $1 million plus per suite, being a record for retreat/resort style properties in the country, according to the Sydney Morning Herald.
It sold through Paul Kapiris from CBRE Hotels.
Sangoma Retreat which spans 10 acres of bushland at Bowen Mountain, has room rates of over $1,100 a night.
The private $70 million plus Spicers Group portfolio includes the Victoria Court Hotel in Potts Point and Spicers Vineyards Estate in the Hunter Valley. The group now owns nine high end boutique assets, with six in Queensland.
Turner and his wife, Jude, have said they are focussed on the niche weekend retreat and smaller hotel market.
