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Cradle Mountain Lodge sold
Monday, 09 Dec, 2011
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Former head of Macquarie Group’s real estate and banking Bill Moss has bought Tasmania’s Cradle Mountain Lodge with a group of investors.
Moss Capital bought the property for $25 million through CBRE. It previously traded for $21 million in 2009.
The lodge was opened in 1971 by four Tasmanians after they bought 324 hectares of property on the border of the national park.
In 1984 the lodge was bought by Simon and Anne Currant, who refurbished the property. P&O bought the property in 1988 and did further works before passing it on to Voyages Hotels and Resorts, which sold it on in 2009.
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