Listed fund manager Elanor Investors Group is hoping to secure a premium price for one of its prized assets – Peppers Cradle Mountain Lodge in Northern Tasmania – after listing it for sale.
The 86-cabin luxury resort set on 11.4 hectares in the World Heritage-listed Cradle Mountain-Lake St Clair National Park is held within the unlisted Elanor Hotel Accommodation Fund and had a June 2022 book value of $73.5 million.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
