Great Eastern Wine Week - Sponsored Ad Leaderboard

Great Eastern Wine Week - Sponsored Ad Leaderboard
Great Eastern Wine Week, 9-18 September 2022

Sunday, 12 December 2021

Twiggy swoops and Australian tourism icons change hands

 

Andrew "Twiggy" Forrest - Australia's second-richest man - and his wife Nicola have added Margaret River’s iconic Cape Lodge Hotel to their Australian lifestyle portfolio through their Tattarang company.

Set on 40 acres of lawns, gardens and vineyards, Cape Lodge is a significant landholding in the heart of one of the world’s most acclaimed wine regions, centrally located to the town sites of Margaret River, Dunsborough and Yallingup in Western Australia.

Originally opened in 1993 as a six-room luxury bed and breakfast, the Lodge underwent an extensive renovation and refurbishment in 2003 to evolve into one of the finest accommodation offerings in the Margaret River region.

Today Cape Lodge is considered one of the best lodges in Australia. 

The property features 22 rooms and a five-bedroom luxury private residence as well as a range of dining, leisure and conference facilities, and the Cape Lodge Restaurant which overlooks the main lake with al fresco decking.

The acquisition by Tattarang includes an eight-acre private vineyard that was planted in 1998 and produces premium sauvignon blanc and shiraz for the hotel.

Tattarang Chief Investment Officer John Hartman said Cape Lodge has been an essential component in establishing Margaret River’s international reputation for unique, luxury experiences for national and international visitors.

“We see significant opportunity to further develop the core guest experience at Cape Lodge, including the potential integration of premium wellness services and a refocusing of the vineyard resources, which can further underwrite a global quality lifestyle precinct in the heart of Margaret River,” Hartman said.

Hartman said the group’s property division Fiveight had acquired the hotel, with its lifestyle division Z1Z to deliver all hotel and associated operations. The property has been owned by Peter and Joelle Larsen for the last 14 years.

“While selling this iconic property is bittersweet for us, we are very pleased to know the lodge could not have more suitable and capable custodians than the Forrest family who will be able to take the guest experience to even higher levels of performance across all aspects of its operations,” Peter Larsen said.

Z1Z’s diverse portfolio features hospitality, food and beverage, fashion and sport, including iconic Australian brand RMWilliams, Indiana Tea House at Perth’s Cottesloe Beach, The Swan Brewery in Perth, and the proposed Ningaloo Lighthouse Resort near Exmouth on Western Australia’s North-West Cape. 



Tattarang earlier announced its purchase of Gaia Retreat & Spa (above) – the country’s most awarded boutique lifestyle retreat. 

Founded in 2005 by co-owners Gregg Cave, Ruth Kalnin, Olivia Newton-John & Warwick Evans, Gaia is located 20 kilometres south-west of Byron Bay, on the New South Wales Far North Coast.

Gaia is a global leader in personalised health and wellbeing and a regular recipient of international hotel and spa awards. 

Set on eight hectares of pristine hinterland with views of the Byron Bay and Ballina coastline, Gaia boasts 22 luxury rooms and suites, a restaurant, large lounge area and deck, retail boutique and reception.

The property also includes a wide range of recreational facilities including a naturopathic consulting room, day spa with 10 treatment rooms, saltwater heated swimming pool, sauna and spa, yoga studio, fitness centre, tennis court, walking tracks and outdoor fire pit.

Tattarang director Nicola Forrest AO paid tribute to Gaia’s founders for creating and sustaining an iconic Australian brand with a coveted global reputation for excellence in wellness and luxury.

“As custodians of truly unique Australian experiences, we understand and deeply respect the founding vision of Gaia which has transformed a wellness philosophy into one of Australia’s most celebrated destinations,” she said.

“We are investing in and developing unique and meaningful places – places that have the capacity to enhance the health and wellbeing of individuals and communities. Tattarang’s business approach is holistic – it’s not just about investing in quality businesses, but ensuring sustainability and community benefit.”

Gaia co-founders Gregg Cave, Ruth Kalnin, Olivia Newton-John & Warwick Evans said they were delighted their globally awarded retreat is entering its next chapter under Tattarang.

”It is with great honour and gratitude that we have found the right custodians to take the reins of our precious piece of paradise," Cave said. "From the moment we met the Tattarang team at Gaia and shared our story with them, we knew there was no other group we could entrust our business to."

Cave, one of the best hospitality operators in the country, will stay on at Gaia in the short term.

No comments:

Post a Comment