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Mitchell family bids farewell to Blue Dolphin Resort in sale to NRMA

The sale marks a significant chapter in the resort's history and the local tourism industry

In a landmark transaction for the Australian holiday park sector, JLL Hotels & Hospitality Group has announced the sale of the renowned Blue Dolphin Holiday Resort in Yamba.

The sale, orchestrated on behalf of the Mitchell family, marks a significant chapter in the resort’s history and the local tourism industry.

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The Blue Dolphin Holiday Resort, famed for its expansive 300-metre waterfront and diverse accommodation options including cabins and caravan sites, was sold to NRMA. This acquisition follows closely on the heels of NRMA’s recent purchase of Angourie Resort, enhancing the group’s presence in the highly desirable Yamba region.

Blue Dolphin Holiday Resort, Yamba

Having been under the stewardship of the Mitchell family for over 34 years, during which the resort saw substantial upgrades and expansion, the sale represents a poignant milestone.

“JLL congratulates the Mitchell family on the transaction and the indelible impact the family have made on the region over the past 30 plus years, and further acknowledges and celebrates with NRMA on this significant addition to their portfolio” stated Tom Gleeson, Senior Vice President JLL Hotels.

Blue Dolphin Holiday Resort, Yamba

The transaction is part of a broader surge in interest and activity within the Holiday Park sector, which JLL has witnessed over $140 million in assets settled, under agreement, or marketed in the first half of 2024 alone.

“With Holiday parks providing attractive investment fundamentals of significant cash flow, large land holdings within desired locations we expect the demand to only heighten moving forward,” Gleeson added.

This acquisition by NRMA not only bolsters its offerings to members but also signifies a growing trend of investments in lifestyle-driven properties. The group’s strategy appears to be focused on enhancing the quality and range of its tourism and accommodation facilities, securing its position as a leading player in the region’s tourism sector.

Blue Dolphin Holiday Resort, Yamba

For more details on the sale or to discuss investment opportunities, JLL invites interested parties to reach out for a private conversation with their team.

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