Wild dunes Resort on the cusp of being sold to a private buyer
TalkSport is reporting that the Wild Dunes Resort is set to be sold to private buyer after it was put on the market by the Australian Government in March 2018.
The resort was put up for sale in April 2018 by the Department of Environment and Heritage Protection after the owner of the nearby Kaitaia Resort, Steve Nelms, lost a court battle to stop it being put up on the property.
In April 2018, the Department said it was looking to sell the resort to the private owner.
At the time, it was believed the property was worth between $5 million and $8 million.
But the Government later changed its mind and decided to sell it to the National Parks and Wildlife Management Authority (NPWMA) which then put the sale on hold.
Now, the NPWMA is preparing to put the property up for a tender for sale to private buyers, with Nelts’ legal battle against the Government having already ended.
While the property has been on the list of available properties, the sale is expected to happen shortly.
There is no date for when it will go to private sale.
Wild dunes is set for a $12 million upgrade which will include the development of a swimming pool and a new tennis court.
It will also have the opportunity to host an Olympic-sized volleyball competition.
Nelts has previously said he wants to upgrade the resort’s facilities to include a swimming pools, tennis courts and tennis court lifts.
He said the resort would also have a new restaurant and hotel.
However, Nelses legal battle has left the resort on hold and the NT Government is looking at how to sell this property.