Hayman Island for sale

COMMERCIAL property sales agency McVay Real Estate (MRE) has been assigned to sell Hayman Island following Kernzer Int’l’s decision to offload the property from its luxury One&Only resort portfolio, as exclusively revealed by Travel Daily ( TD 08 Jun).

MRE is promoting the sale of the Whitsundays resort online as “One of the Asia Pacific’s most luxurious and prestigious holiday destinations”.

The listing includes the 160- room hotel, 15 residential estates and an option to acquire four soon-to-be-completed multi- million dollar homes.

MRE bills the sale of Hayman Island as “the opportunity to redefine one of Asia Pacific’s most iconic destinations”.

Owned by Malaysia’s Mulpha, the resort was hammered by Cyclone Debbie in Mar and requires repairs to the tune of $80 million, News Corp reports.

Hayman Island itself is expected to sell for at least $300 million.

Citing “tourism sources”, The Australian reported the owners of neighbouring Hamilton Island, the Oatley family, could be interested in purchasing Hayman - a move Hamilton Island declined to confirm or deny, saying it does not comment on “speculation”.

Mulpha is also on a quest to find a new operator of the resort to replace One&Only, with AccorHotels, Marriott, Shangri-La, Starwood and Alila Group having inspected the resort recently.

Further, Mulpha has tendered the management rights for the rest of its Australian collection - the InterContinental Hotel Sydney, InterContinental Sanctuary Cove Resort and Rydges Esplanade Cairns Resort.

Expressions of interest for Hayman Island close on 03 Aug.