HEYDAY: Titanic II signage at Palmer Coolum Resort before the 2012 PGA.
HEYDAY: Titanic II signage at Palmer Coolum Resort before the 2012 PGA. John McCutcheon

Entertainment group tight-lipped on Palmer resort prospects

THE boss of a major entertainment company has hosed down speculation his company may be eyeing off a play for Palmer Coolum Resort.

The Star Entertainment Group Ltd chairman John O'Neill (AO) said he was not in a position to comment, when asked whether his firm was weighing up a tilt at acquiring the much-maligned 150ha property which had hosted the PGA Championship until 2013.

Mr O'Neill's comment came less than a month after rumours swirled the resort may have been sold, as contractors removed signage on the David Low Way side of the resort.

That speculation proved misplaced, with the sign simply being replaced, according to contractors and Palmer Coolum Resort owner Clive Palmer's media advisor Andrew Crook.

Mr Crook hinted in late May that there may be some news on the resort to come, but couldn't give a timeline on when it may be.

Instagram user so_loz AKA Lauren S took this photo of Jeff the Dinosaur at Palmer Coolum Resort.
Instagram user so_loz AKA Lauren S took this photo of Jeff the Dinosaur at Palmer Coolum Resort.

He said Mr Palmer loved the resort.

Palmer Coolum Resort was closed 'temporarily' for a refurbishment in 2015, which put 600 staff out of work and shareholders of the 144 villas in limbo.

The refurbishment is yet to take place and police had responded to almost 60 incidents at the near-deserted resort since its closure.

The Palmer Coolum Resort sign is removed.
The Palmer Coolum Resort sign is removed. Warren Lynam