Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

The latest application seeks approval for a multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

Staff Writer

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

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The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

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Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

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<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

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Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

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Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

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Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Nine ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

[smartcode_project:default project_id=141609 project_image_fid=333359]

The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

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“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

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Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

Property development giant <a href="https://www.apartments.com.au/developers/avid-property-group">AVID Property Group</a> is approaching completion, and sell-out, of its Surry Hills apartment development, <a href="https://www.apartments.com.au/new-apartments/the-rathbone-23-47-flinders-street-surry-hills-nsw-2010">The Rathbone</a>.

The Flinders St project has sold well over half of its 32 apartments, which will sit above two retail spaces.

Now hitting the market are the final 14 one-, two-, and three-bedroom apartments, which start from $1.15 million. AVID is targeting a mid-2026 completion.

[smartcode_project:default project_id=5947 project_image_fid=51208]

AVID General Manager New South Wales Danny Boubli said as more apartments are introduced to increase housing options in inner-city areas, homebuyers are searching for a &nbsp;sense of belonging in addition to location, convenience and value.&nbsp;

“There are very few opportunities for new developments in Surry Hills, and since acquiring the site, we’ve even seen one early purchaser merge two apartments plans together, reflecting the demand for a spacious, premium offering in a prime location,” Boubli said.&nbsp;

“Demand has been strong since we launched to market – we don’t see these final apartments staying on the market for long.”&nbsp;

Architectural firm Studio SC has designed the building which pays homage to the former 1900s Rathbone Terraces that once sat on the 990 sqm island site.

Boubil said the team has made every effort to create "truly liveable apartments", through&nbsp;functional floor plans, security, storage, and the inclusion of quality fittings.

[smartcode_project:default project_id=5947 project_image_fid=51207]

&nbsp;

Sustainable design has also been implemented throughout the development, with natural light flooding each apartment, ventilation throughout, extensive landscaping and where possible, materials with a high level of recycled content and low volatile organic compound paints have been used. &nbsp;

Apartments range in size from 57 sqm for the one-bedrooms to the large-scale 165 sqm three-beds which are priced at $2,575,000.

[smartcode_project_cta:default project_id=5947]

AVID launches final apartments at The Rathbone, Surry Hills

A wave of investment, renewal and precinct growth continues to shape the northern edge of Macquarie Park, where daily life is supported by a rare combination of university activity, corporate employment, major retail, and expansive green corridors. It’s this convergence of amenity and connectivity underpins the setting for <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>’s <a href="https://www.apartments.com.au/new-apartments/la-vera-94-talavera-road-macquarie-park-nsw-2113">La Vera</a>, which has now topped out and is tracking toward completion in mid-2026.

Within this pocket of the precinct, residents move easily between the area’s key anchors. Macquarie Centre, home to more than 360 retailers, fresh food offerings, dining and entertainment, sits at the heart of local convenience and functions as a major transport interchange. The Metro, T1 rail line and extensive bus network place much of Sydney within quick reach, while surrounding arterial links support direct access to neighbouring districts.

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Green space remains a defining feature of the immediate environment. Lane Cove National Park stretches along the northern boundary of the precinct, offering bushland trails, cycling routes and quiet riverfront pockets. Shrimptons Creek and the campus grounds of Macquarie University extend these recreational networks, softening the urban setting and creating a daily connection to nature that informs the project’s architectural response.

<a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> have shaped La Vera around these contrasts. The building’s northern elevation adopts an organic, curvilinear form that mirrors the natural topography of the national park. Three sculpted forms soften the tower’s profile and encourage a stronger transition between indoor living areas, balconies and the broader landscape.

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Cox Director Felipe Miranda says the building’s outlook played a central role in the design process.

“The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park… The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies,” Felipe Miranda of Cox Architecture said.

Toward the city-facing side, the design shifts to a more urban expression. A gridded facade and extensive glazing capture CBD views, creating a dual strategy that blends ecological outlooks with metropolitan orientation.

[smartcode_project:default project_id=134951 project_image_fid=5827]

La Vera delivers 169 residences across one- to four-bedroom layouts, reflecting the needs of young families, downsizers, first-home buyers and investors seeking long-term certainty within a high-amenity location. From the project, residents can walk to Macquarie University, Macquarie Hospital and nearby corporate offices, reach national park trails within minutes, and enjoy retail and dining without relying on a car.

The project is delivered by Urban Property Group, a 4.5-star iCIRT-rated developer-builder with more than three decades of experience. The company has become a leader in adopting 10-Year Latent Defects Insurance (LDI), first introduced on its Parq Bexley development and now embedded into its pipeline.

[smartcode_project:default project_id=134951 project_image_fid=223727]

La Vera is the first development in Macquarie Park approved to offer this 10-year LDI policy, adding another layer of protection for purchasers and reinforcing the transparency of the construction process.

Urban Property Group CEO Patrick Elias says this assurance has become increasingly important for buyers navigating the off-the-plan market.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been… Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share,” Urban Property Group CEO Patrick Elias said.

Urban Property Group's in-house construction team is forecasting a mid-2026 completion, with <a href="https://www.apartments.com.au/project-marketer/home789">HOME789</a> appointed as the project marketer.

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La Vera delivers a nature-connected address within Macquarie Park’s core

Resort Sale

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Noosa-based Altum Property Group has exchanged contracts to acquire the leasehold for Great Keppel Island from Terry Agnew's Tower Holdings.
It is subject to approval from the Queensland government.
The real estate developer made the move after a previous $50 million sale, to Wei Chao Pty Ltd in October last year, did not proceed to settlement.
It is understood the new buyers have negotiated an extended settlement period.
The island, which lies 12 kilometres from coast of Yeppoon, has approval for a $400 million major development including a hotel, eco-tourism villas, apartments, a marina, and a ferry terminal.
The previous decaying resort on the island was demolished last year.
The Queensland government has reportedly committed $30 million for common-user power and water infrastructure connections to Great Keppel Island, in the interest of boosting tourism.
Altum's group has no track-record of delivering tourism projects.
During the 1990s, Great Keppel was a famed party destination known by the slogan "Get Wrecked on Keppel".
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Great Keppel Island set to be sold again

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Iririki Island, an island resort and casino near Vanuatu’s capital of Port Vila, has reportedly been sold.
<a href="https://property.jll.com.au/hotel-sale/port-vila/iririki-island-resort-casino-12025" target="_blank">The 28 hectare resort</a> is described as the jewel in the crown of Vanuatu and boasts the nation’s “premier” gambling den, according to selling agents Jones Lang LaSalle.
Its sale was reported by Nine Entertainment.
Meanwhile the local paper has reported Vanuatu government is talking with investors from Laos interested in setting up another casino in the country, with the capital of Port Vila and Luganville on Santo in the north excluded as locations because there was a need to boost growth and jobs on other Vanuatu islands. 
Iririki has 72 villas, five bars and restaurants and a day spa.
The Australian reported the JLL sales brochure didn't advise on a long-running legal fight with some of the owners of another 68 units on the island over a long list of issues including rent, body corporate fees and insurance.
Darren Pettiona, a former executive with funds management empire Van Eyk, co-owns it with his brother, Shane.
One of the unit owners is Melbourne man Raphael Sztrochlic.
“Anything that’s involved with Iririki is just a nightmare,” Sztrochlic told The Australian.
The dispute will be heard in Port Vila on June 11.
One of the issues centres on the proceeds of a $20 million insurance payout from QBE Insurance after 2015’s Cyclone Pam devastated the ­island
Pettiona has sold prior court hearings the resort was worth about $32 million.
In 2017 Melbourne's wealthy Zagame family put their Grand Hotel &amp; Casino resort in Vanuatu\up for sale with market expectations of around $25 million.
Built in 2003, the eight-level hotel overlooks the Port Vila Harbour and offers views towards Iririki Island.
It features 15 gaming tables, 136 slot machines, a VIP top-floor gaming room, a restaurant, conference rooms, four bars, a pool and spa.
The family's involvement in Vanuatu dates back to 2001 when they were part of the consortium of Victorian hoteliers that purchased the private island resort of Iririki.
Patriarch Victor Zagame established the family's hospitality business in 1971 with the opening of the Albion Charles Hotel in Northcote in Melbourne's north east.
Another of the key players in Vanuatu is Amax whose main businesses involves operating online gaming businesses in Vanuatu.
 
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iProsperity Group buys Vanuatu's casino-hotel resort Iririki Island

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A Don Pancho Beach resort, located at the gateway to the Southern Great Barrier Reef on the Coral Coast of Queensland, is for sale.
Situated in Bargara, a seaside town 14 km east of Bundaberg, the multi-level Mediterranean styled resort complex is rated 3.5 stars.
Set on 3,940 sqm the freehold beachfront site has a frontage to Kellys Beach, and is positioned opposite the Bargara Golf Club.
Comprising 44 self-contained units (including a 2-bedroom manager’s residence), the resort complex also features a restaurant, conference room, undercover car parking, swimming pool, BBQ area, and halfcourt tennis court.
CBRE Hotels who hold the listing stated there is "significant value-add opportunity for owner operators and developers alike," as well as a "genuine scarcity of quality beachfront redevelopment sites in the area.".
The listing notes there is potential to renovate and reposition the existing product or redevelop the large footprint and establish a new plan with modern beachfront villas or strata title apartments and sell down subject to council approval.
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Don Pancho Beach Resort in Bargara, QLD listed for sale

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A tourist icon of north east Victoria, the five-star resort Villa Gusto, has been listed for private sale with a price tag of $3.85 million as a going concern.
The freehold at <a href="https://dickensrealestate.com.au/3922011/" target="_blank">630 Buckland Valley Road</a> offers a slice of Italy, having been built by Italophile Colin McLaren who took inspiration from the grand lakeside villas and hilltop homes and resorts of northern Italy to create a unique and indulgent country property. 
McLaren was an ex-Victoria Police detective-turned-author.
Its features include Glenrowan granite stone, reclaimed timbers and the classics of marble, internal fittings like hand woven tapestries, artworks and distinctive finishes and fine detailing.
It with its distinctive buildings and all operating facilities is offered for sale on a walk-in walk out basis creating multiple options or choices for a new owner. 
The property has been listed by Ben and Kirsten Edwards having upgraded Villa Gusto’s services, but now want to part with it for personal reasons.
The resort was used solely for Fiat Chrysler Australia's marketing operations since 2013, but the company ended its contract with Ben Edwards's company Vinfinity in 2015. 
The listing agents are DRE Business Brokers, a division of the property agency Dickens Real Estate in Bright. The marketing is being handled by Gerald Gray.
Villa Gusto is offered for private sale in full operational mode or on an effective going concern basis save for some heirloom family items that the vendors wish to retain.
Its features include:
<ul>
<li>a freehold of 5,416 sqm (almost an acre and a half) with bitumen road access that is 12.7 kms from Bright, even closer at 6.8 kms from the delightful village of Porepunkah on the Great Alpine Road with also a local aerodrome.</li>
<li>two buildings housing seven comfortable accommodation units supported by a full commercial kitchen with its own walk-in cool room.</li>
<li>the half circular shape of the Grand Palazzo central entry building faces to the west to give idyllic views and sunsets, across to Mount Buffalo</li>
<li>a solar-heated swimming pool that measures 14 by 8 metres and is edged in Travertine limestone with timber decks, pool furniture and is managed by a European BioTop filtration system.</li>
<li>a separate owner’s accommodation — an apartment with space and services of a size that is ideal for a couple with even a small family.</li>
</ul>
There is also a climate-controlled wine room and cellar with a capacity to house 1000 bottles. Ben Edwards is a noted wine reviewer, show judge and previously President of Sommeliers Australia. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Dickens1.jpg" alt="">
Services include 60 solar panels of 15 kW capacity on the roof that transmit power back to the grid.
According to the owners, the peak trading period are summer, spring and the autumn months.
“I don’t think we have pushed the accommodation numbers from visitors and travellers through the high and alpine country so this potential remains to be tapped under new ownership”.
“We are offering the property and business for sale with all operational facilities in place, forward bookings and a complete IT operating software system and website,” Gray said.
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Villa Gusto in the Buckland Valley via Bright is for sale

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Del Mole Estate in Kangaroo Island, long used in South Australian tourism campaigns to promote the whole island, has been listed for sale for the first time in nearly five decades.
It was 1968 when the 2,400 hectare property was bought by the late renowned South Australian pastoralist Lloyd Wilkinson from the state's prominent Bonython family.
Set in the north west corner of Kangaroo Island, the estate spans 61 titles with 3.7 kilometres of untouched private coastline with sandy beaches and cliffs overlooking the ocean.
It is being marketed as a prime development opportunity for international corporate investors or high net worth individuals seeking to capitalise on the global tourism appeal of Kangaroo Island.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/10/09/De%20Mole%203.jpg" alt="">
Earlier this year, Kangaroo Island was ranked in the world's top three travel destinations by Lonely Planet.
Wilkinson family spokesperson Hamish Brown said the estate is a truly unique offering.
“We believe De Mole Estate is now the largest privately-owned coastal landholding on the market anywhere in Australia,” said Brown.
“And while the entire property spans almost 6,000 acres, it is still perfectly tucked away in a beautiful corner of Kangaroo Island, which really does make it a hideaway within a hideaway that our family has been privileged to enjoy for the past five decades.”
CBRE agent Phil Schell said the estate is a rare opportunity that will attract widespread interest from across Australia and internationally, particularly in light of the $18 million upgrade of Kingscote Airport and with Qantas to start direct flights to Kangaroo Island from Adelaide and Melbourne from December.
“For such a vast landholding, De Mole Estate remains nestled away in a stunning pocket of Kangaroo Island, which is now widely recognised as one of the most idyllic tourism destinations on the planet,” he said.
Del Mole Estate is expected to attract offers in excess of $10 million.
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Kangaroo Island's Del Mole Estate for sale

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The Malaysian owners of Queensland's Hayman Island have listed the resort with $300 million hopes.
Hayman Island, in the Whitsunday's is owned by Malaysian-based company Mulpha.
Reports state it is on the market through Queensland real estate agent Dan McVay, of McVay Real Estate.
The 160-room resort needs a rumoured $80 million worth of repairs following destruction caused by Cyclone Debbie late March.
According to reports in The Australian, Hayman Island's fin­ancial performance had started to improve before the cyclone. The resort, which employs 1200 staff, will remain closed until the refurbishment is completed.
The Australian reported the billionaire Oatley family, owners of Hamilton Island, could be interested in Hayman because of its infrastructure, and the family is keen to develop another high-end resort similar to its opulent Qualia resort, with a Hamilton Island spokesperson saying Hamilton Island does not comment on rumour or speculation regarding our interests or business strategy.
Mulpha is also looking for a new operator for the island.
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Hayman Island listed for sale

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An application has been filed in Queensland’s Supreme Court to appoint statutory trustees to sell the Don Pancho Beach Resort property at Bargara in Queensland, according to a notice for members on the resort’s website.
The matter will be heard by the Supreme Court in Brisbane on April 12. 
Located at Bargara, the white-painted, Mediterranean-style resort is positioned at the gateway to the Great Barrier Reef. It is part of the Bundaberg area.
The land area is 3,940 square metres and the zoning is medium density residential.
Rooms are priced from $88, according to the resort's website.
Members may be entitled to a share of the proceeds on the sale of the property, the note says. 
A resolution was passed by a majority vote of members at the Extraordinary General Meeting held on 11 May 2016 in favour of making this application. 
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Don Pancho beach resort in Bundaberg seeks trustees for sale

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A Coffs Harbour beachfront resort development opportunity has been announced to the market.
The property, BreakFree Aanuka Beach Resort has been operating for 30 years in the holiday location.
The development is currently operated by the Mantra Group who have a five year lease remaining.
It offers the only direct local access to the popular Diggers Beach.
Set across two strata-titled totalling 6030 sqm of beachfront lots, the resort has a reception, administration, conference, F&amp;B, leisure and recreational facilities.
The bluechip investment is being managed by Knight Frank Directors Donald Watson-Brown and Ryan O'Hanlon.
Watson-Brown suggested that it offers a lucrative holding income of over $420,000 per annum for a site with extensive development upside.
"The resort offers flexibility and plenty of options in its investment proposition," said Watson-Brown
"The current owners are keen for development of the property to go to a party that has a vision to use the property in a positive way for the local area – whether that is mixed-use residential, hotel, or other type of development."
The accommodation offerings of the resort are not included in the sale.
“Aanuka Beach Resort has proved to be an integral part of the local history of the Northern NSW Coast tourism industry, providing generations of beachgoers lifelong holiday memories," he said. 
Fellow director Ryan O'Hanlon spoke of Coffs Harbours location for investors.
“Positioned within close proximity of the Pacific Highway, Coffs Harbour is a historically strong-performing holiday destination and this is a great development opportunity."
“The offering represents a highly strategic play for future development on the site. Underpinned by direct access to Diggers Beach, the owner of the Aanuka Resort infrastructure will control the future use, refurbishment or even larger-scale development of this historically successful holiday precinct," he said.
Aanuka Beach Resort, Coffs Harbour is located approx. 535 km north of Sydney and 389 km south of Brisbane.
The property is located 2 km to Coffs Harbour City, 8.5 km to the airport, 1 km to the Park Beach Plaza Shopping Centre and 10 km to Coffs Harbour Stadium.
The property is for sale via expressions of interest.
 
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Aanuka beachfront resort development in Coffs Harbour on the market

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A 195-hectare Surf Coast development, The Sands Torquay Resort, is set to hit the market in Victoria's coastal township of Torquay with price expectations of $25 million.
The master-planned subdivision at 2 Sands Boulevarde comprises a hotel Peppers The Sands, an 18-hole championship golf course, clubhouse and health club facilities integrated with a residential subdivision surrounding the course and an additional 4000 sqm of vacant land opposite the clubhouse with potential for further development.
Colliers International’s Guy Wells, Stephen Burt and Raymond Tran have been appointed to sell the property on behalf of the Handbury Group. 
“This major landholding within the fast-growing township of Torquay represents a one-off investment and development opportunity in one of Victoria’s most popular destinations,” Wells said.
“Torquay is well known as the home of surfing in Victoria and is a hub of major surfing activity at the northern end of the Great Ocean Road. The township of Torquay has grown significantly in the past 10 years and developments such as The Sands Torquay Resort have added to the popularity of the location."
The golf course was designed by Stuart Appleby and the resort has a pro shop, members locker rooms and clubhouse facilities. There is also a separately operated health club with an indoor pool.
 <img src="/images/2016/05/16/Peppers-The-Sands-Conference7.t48527.jpg" alt="" width="608" height="405">
Adjacent to the clubhouse is the Peppers The Sands hotel comprising 112 rooms and suites over three levels, conference facilities, restaurant and bar facilities and tennis courts.
<img src="/images/2016/05/16/Peppers-The-Sands-Deluxe-Room-Lounge.t35201.jpg" alt="" width="611" height="407"> 
<img src="/images/2016/05/16/Peppers-The-Sands-Premier-Suite-View.t45649.jpg" alt="" width="605" height="403">
<img src="/images/2016/05/16/Peppers-The-Sands-Room4.t35226.jpg" alt="" width="605" height="403">
<img src="/images/2016/05/16/Peppers-The-Sands-Conference.jpg" alt="" width="611" height="407">
“This distinctive hotel, designed by award-winning Melbourne architects Perrott Lyon Mathieson, is unique to the area and draws visitors from the surrounding region and beyond from Melbourne,” he said. “The hotel operates under a marketing agreement with Mantra Group and under the Peppers Brand. This agreement could be transferred to a new owner as desired.”
The Sands Torquay Resort is part of a residential development known as The Sands which includes about 400 residential homes and 150 townhouses around the picturesque golf course. 
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Surf Coast's The Sands Torquay resort to hit the market, $25 million expected

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The United States-based hospitality group Delaware North has put Lizard Island Resort and Heron Island Resort set in Queensland's Great Barrier Reef up for sale.
It was in 2009 when Delaware North purchased the two luxury islands from the GPT Group.
It has since spent about $50 million on the upgrade of Lizard Island Resort.
JLL Hotels and Hospitality has been appointed to find the buyer for Delaware North, a private company controlled by the Jacobs family.
Earlier this year the Shanghai-based China Capital Investment Group paid about $30 million for former vitamin entrepreneur Vaughan Bullivant’s Daydream Island in the Whitsundays.
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