Peppers Airlie Beach.
Peppers Airlie Beach. Contributed

Whitsundays resort could be bought for $15m

PEPPERS Airlie Beach resort is up for sale by receivers with a selling price of at least $15 million expected.

The Financial Review reports 59 of the 106 strata apartments in the complex CBRE Hotels in conjunction with PRD Nationwide Airlie Beach have been appointed to manage the sale.

The $80 million resort was developed in 2009 by Josh Thompson's Latitude Development Group, which was placed in the hands of receivers McGrathNicol in March, the outlet reports.