NRMA snares another Yamba resort
NRMA Parks and Resorts is beefing up its accommodation portfolio, snaring the waterfront Blue Dolphin Holiday Resort from the Mitchell family, which operated it 34 years.
The deal for the Yamba property is worth about $40 million, according to sources.
The going concern is costing an as yet undisclosed amount.
On 5.82 hectares, with 300 metres of water frontage, it offers multiple accommodation offerings, including cabins and caravan sites.
The asset also includes a service station (story continues below).
JLL’s Tom Gleeson was the agent.
The deal comes five months since the Mitchell family sold the Angourie Resort at Yamba to NRMA.
The vendors held that asset 22 years.
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