Tipplers bids are no small beer

The glass in half full for Tipplers, as the vintage South Stradbroke resort seeks offers to purchase over $15 million.

Resort owner/operator Garry Klein soon could top up his funds with responses pouring in after calling for the first round two weeks ago.

Realtor Lindsay Cooper, from Resort Brokers, said the sale of 4 hectares of waterfront land was a rare opportunity.

Mr Cooper said interest had been received from [prospective local, national and international buyers looking to redevelop the site.

“the offer to purchase runs until the end of July, but the amount of responses we have already received is enormous,” he said.

“This sort of land just doesn’t come up these days and the lease is in perpetuity, which basically makes it as good as freehold land.

“The site is not being sold as a going concern but a potential redevelopment site. No one is saying the resort isn’t tired, it’s 26 years old, but there’s a lot of possibility there.

“We’re basically telling potential buyers that if they haven’t got up to $15 million don’t bother.”

Stradbroke neighbour, Couran Cove resort, which Gold Coast Mayor Ron Clarke helped develop, last month announced a major staff restructure with up to 100 jobs on the line.