The 1.6-hectare site adjoining the East Geelong Golf Course currently includes seven conference rooms, 46 accommodation suites and a restaurant, guest lounge and bar surrounded by botanical gardens.
BEKL is run by Katherine and Eva Liu, daughters of property developer Han Biao Liu, who founded Amazon Property Group.
“We identified a huge gap in the market, given the region is lacking in small, high-quality accommodation providers with a focus on experiential accommodation, especially where wellness is concerned,” managing director Katherine Liu said.
“The development will herald the return of this venue as a significant economic asset for the region and a key destination for locals and visitors alike.”
BEKL is currently in talks with several hotel operators and expects to name a partner within the next few months.