Gold Coast's Gwinganna Lifestyle Retreat for sale

The consortium that owns Gwinganna Lifestyle Retreat, Australia's best known lifestyle and wellness retreat, has offered the property for sale.

The multiple-award winning wellness destination, owned by a group that includes Hollywood actor Hugh Jackman and wellness and fitness entrepreneur Tony de Leede, is being offered for sale by Karen Wales, Gus Moors and Steven King of Colliers.

Located on the Gold Coast, the health and wellness retreat was founded by de Leede in 2006, and offers a wide variety of wellness programs and an abundance of facilities its the 165.5-hectare site including over 60 rooms and premium villa suites, two infinity pools, a gymnasium, wellness education complex and yoga studio.

The 33-room spa sanctuary is surrounded by nature in the Gold Coast hinterland and has a further 18 treatment rooms throughout the property, making it the largest destination spa retreat in the Southern Hemisphere.

Gwinganna’s wellness packages are fully inclusive of organic meals, accommodation, scheduled activities and some spa treatments, accounting for two-thirds of annual revenue. Programs are run back-to-back on set dates which results in high occupancy and overall profitability.

The property, which has been eco-tourism certified for over 12 years, was recently named the Best Luxury Eco Spa Global Winner for 2021 at the World Luxury Spa Awards.

Commenting on the sale, Wales advised “Gwinganna is ideally poised to capitalise on the continued growth in global wellness trends, offering an incoming owner substantial upside.

“We expect interest to be widespread including domestic and international hotel investors, private equity funds and high net worth individuals, as well as groups active in the wellness space.”

Moors went on to say "the retreat is a pioneer project in health and well-being. Hugh Jackman’s first visit to Gwinganna was so transformative that the actor bought a stake in it.

"That status transcends the ownership and incorporates a long list of celebrities and high net-worth individuals who regularly patronise Gwinganna."

With more than $5 million invested over the past five years on capital upgrades, the property is extremely well maintained. There is however scope to expand given the size of the landholding (STCA), providing opportunities for medium-term development upside for the incoming owner. It is zoned for low density rural/residential uses, including tourism.

Wales added “investor appetite for regional properties and resorts that can cater to wellness tourism is significant in Australia. This was reflected in the overwhelming response to the recent Gaia Retreat and Spa sale."

Other facilities include a three-bedroom owner’s residence, tennis courts, an amphitheatre, equine facility, organic vegetable gardens and multiple walking tracks.

No price indication has been given for the property at this stage.

Gwinganna Lifestyle Retreat is for sale via International Expressions of Interest closing at 2pm AEST Thursday 3rd March 2022.

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Images: Gwinganna Lifestyle Retreat.