Jun 30
Landmark Kangaroo Island property the Ozone Seafront Hotel has been sold to a resort group with businesses in the Northern Territory. The hotel on the waterfront of Kingscote, the island’s main town, is on the site where the original was built in 1907 and rebuilt after a 1918 fire. The sale price was not disclosed but $4.5m was spent on a three-storey development entailing modern rooms and penthouse suites in 2006. The sale ends 21 years of ownership by South Australians Peter Turner, Bow Jude and the Lokan family. Most of that time the hotel has been managed by Chris and Debbie Schumann, who have yet to decide their future. The hotel has been bought by Aurora Hotels-Resorts-Attractions. The Advertiser (Australia), June 20.
