Port of Airlie, a terminal and marina in Airlie Beach in Queensland, Australia, has been sold for $20.75 million AUD to hospitality investor Glenn Piper through his company Epochal Hotels after more than a decade under Sentinel Property Group’s ownership.
The property includes a 1,400sqm terminal building on a 1,893sqm freehold site, along with about 310 metres of pontoon infrastructure and an 8,119sqm seabed lease marina. The terminal and marina serve vessels travelling from Airlie Beach to the Whitsunday Islands and the Great Barrier Reef.
The facility is leased to Cruise Whitsundays, part of the Journey Beyond group, which operates transport and tourism services across the region. The lease runs until 2035 and includes an option for a further 10 years.
In a report by Sarah Petty in the Australian Financial Review, Piper commented: “Our attraction to the Whitsundays is its connectivity to the major cities of Australia, and we see it as a premier tourist destination for years to come. We already had a recent arrangement with Cruise Whitsundays, who are the tenant there [at Port of Airlie] to serve Hook Island.”
The property was sold by Sentinel Property Group, which acquired the asset in 2015 through the Sentinel Infrastructure (Airlie Beach) Trust.
The Port of Airlie terminal and marina was placed on the market in October 2025 through an expression of interest campaign managed by JLL’s Jacob Swan, Liam Cox and Christian Tsalikis, alongside Burgess Rawson’s Neville Smith and CBRE’s Craig Chapman.
Epochal Hotels plans to update parts of the marina’s waiting areas and food and beverage spaces over time.
