Private Consortium Buys Mirvac’s Hope Island Resort on the Gold Coast for $53m

The deal sees the new owners secure two of the last remaining development sites within the resort, together with the Hope Island Resort golf course and golf club, the resort marina and Boardwalk Tavern.

The private consortium, L2 Capital, is headed by long time Gold Coast businessman and Hope Island Resort Golf Club member John Thomas, with the deal to be funded privately by Casuarina Beach developers Don O’Rorke, Mike Dodd and Lachlan Grantley.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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