Mega complex planned for Tinkler’s GC farms
Aquis Group chairman Tony Fung will release plans in six weeks for a resort development that would be 15 times larger than Australia Zoo and cover an area 100ha greater than his FNQ resort.
The Hong Kong billionaire acquired Nathan Tinkler’s former Patinack Farm last month including four parcels of land in the Gold Coast Hinterland for $15 million last month: Wadham Park (33.64ha), Elysian Fields (56.97ha), Saravale (73.26ha) and Benobble (283.40ha); a total of 447.27ha.
The $15 million Mr Fung paid was almost half the amount that coal magnate Mr Tinkler spent developing the equestrian-based development.
Mr Fung wants to develop a mega-complex using existing and new facilities to create a tourism park that would be 15 times larger than Australia Zoo.