Melbourne, 27 May 2014- Two of Australia’s finest coastal golf destinations are receiving international interest after being on the market for a matter of weeks.
The courses, which are being offered for sale either individually or as a combined package, are Moonah Links near Gunnamatta Beach on Victoria’s Mornington Peninsula and The Sands Torquay sited on the northern headland of Torquay at the start of the world-famous Great Ocean Road.
Scott Callow and Rob Cross from CBRE Hotels are marketing the properties on behalf of the owners, the Handbury Group, via an Expressions of Interest process.
Mr Callow said they were experiencing high levels of interest only a few weeks into the campaign.
“We have been inundated with enquiries from around the globe. We are currently talking to parties from the U.S. and throughout Europe and Asia, most of whom already have similar assets in other locations.”
Moonah Links features two outstanding 18-hole championship golf courses. The highly ranked Peter Thomson designed Open course that hosted both the 2003 and 2005 Australian Opens. The adjoining elite golf academy has world-class training facilities and accommodation villas. The property also benefits from a Peppers-managed hotel with 36 suites and 52 rooms.
A magnificent clubhouse with restaurant and conference facilities completes the property, and the site also includes additional development land with attendant permits.
The Sands Torquay opened in 2004 offers a picturesque 18-hole golf course with a large modern clubhouse. Still to this day, remains the only Stuart Appleby designed championship course. A 112-suite Peppers-managed hotel is also on the site and includes restaurant and conference facilities. The property also benefits from a separately operated Health Club business with a 25-metre indoor pool, 2 tennis courts and gymnasium facilities.
Included in the sale is the Englobo development site of approximately 4000 square metres.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.