Developments

Bullivant pushes for Daydream Island sale

Daydream Island, which has an average yearly turnover of about $27 million and whose replacement value in 2010 was estimated at more than $157 million, is back on the market.

Vaughan Bullivant, who is re-launching the sale after almost two years on the market, said the island was “the most beautiful in the Whitsundays”, but following recent ill health he was ready to move on from ownership of the 296-room resort.

Wayne Bunz, senior director of CBRE Hotels, and Dan White of Ray White, and White & Partners, have been appointed to sell the island.

The owner is selling due to ill health.

Ray White’s Dan White said the resort also had development potential and is offered with vacant possession. It could be upgraded to mirror high-end luxury Whitsunday offerings, including Hamilton Island’s Qualia and Hayman’s One & Only. It has conference and recreation facilities, plus pools, a private marina, wedding chapel and two helipads.

Expressions of interest close on November 6.

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