Whitsundays Estate Sells For $7 million

Set across 5.46 verdant acres along the stunning Coral Sea, Botanica Whitsundays has been sold for a healthy $7.08 million. Set to go under the hammer in Sydney last week, the award-winning property was purchased by an Australian company in private negotiations.

Spilling across 160 metres of Coral Sea frontage, the tropical event venue is licensed to host 160 events of up to 100 guests annually. Just 12-minutes from Airlie Beach in the Whitsundays, the property boasts 5 bedrooms, 5 baths, an inground pool and private access to the beach below.

According to Carol Carter from Sotheby's International Realty Queensland, the sale reflects a significant trend in the region and a resurgence that ought to be celebrated.

"This means a lot to the whole region," said Ms Carter.

"What it signifies is that the Whitsundays are back. We've had three big sales in the past eight months and people are really sitting up now and taking notice."

"This region was a bit left behind. The area needed a lift and that's exactly what's happened. This isn't the end of it either," she said.

Selling Botanica alongside Jacqui Wakerley of PRD Nationwide Whitsunday, Ms Carter commented on the number of international and domestic enquiries that the property drew.

"We're getting more and more interest internationally in this region because people have suddenly realised what it offers; you can have all this beauty on your doorstep and still work, thanks to being able to work remotely these days," she said.

"Buyers looking from overseas see Australia as a safe place to be. It's safe economically, politically and personally. That matters a great deal."

Ms Carter indicated that the Asia-Pacific connected buyers planned to continue business operations from the grand, cathedral-like property.

(21st August 2018)