Macquarie Leisure & Our History

Macquarie Leisure Operations

Dreamworld and WhiteWater World are owned and operated by the Macquarie Leisure Trust Group, a stapled entity listed on the Australian Stock Exchange.

The Group consists of a listed property trust (Macquarie Leisure Trust) dedicated to investment in leisure based property assets and an operator that leases the properties from the trust and operates the business (Macquarie Leisure Operations Limited).

At 30 June 2005, the Group's property assets included:

  • The Dreamworld theme park on the Gold Coast
  • The WhiteWater World water park on the Gold Coast
  • d'Albora Marina, Akuna Bay, NSW
  • d'Albora Marina, Cabarita, NSW
  • d'Albora Marina, Nelson Bay, NSW
  • d'Albora Marina, Pier 35, VIC
  • d'Albora Marina, Rushcutters Bay, NSW
  • d'Albora Marina, The Spit; and
  • 46 AMF/BowlAustralia bowling centres across Australia

Objectives and Strategy

The Group seeks to provide investors with income and capital returns through the hands on management of a diverse portfolio of leisure based property assets.

The Group’s strategy is to target underperforming leisure businesses and apply expert management skills to turn around performance and deliver growing returns to investors.

The following criteria are utilised to build the Group’s asset portfolio
  • Secure assets in close proximity to major domestic population centres
  • Provide an incremental positive impact upon distributions
  • Ensure quality and stability of earnings through exposure to multiple creditworthy tenants
  • Achieve diversity in income streams through investment in a range of leisure asset classes and geographic locations and
  • Ensure assets rely predominately on revenue from domestic leisure markets and limit exposure to international leisure markets.

For further information on the Macquarie Leisure Trust Group please visit www.macquarie.com.au.


Our History

In 1974, John Longhurst bought 85 hectares of land to build his dream. With a few attractions and a lot of heart, Dreamworld opened to the public on December 15, 1981.

25 years on, Dreamworld has developed immersive visitor experiences through product and customer initiatives tailored for domestic and international guests and developed new and innovative learning experiences for education tourism.

Dreamworld provides cutting edge options and incentives for business and conference delegates and has been successful in leveraging national and international brand associations with leading entertainment partners including Big Brother, Nickelodeon and The Wiggles.

Dreamworld is a responsible member of the community implementing leading environmental and conservation initiatives for a sustainable tourism future and contributes to the local community and culture through participation, sponsorship, sourcing suppliers and supporting charitable organisations for animals and people.

In 2006, Dreamworld does water with a brand new water ride park opening right next door. WhiteWater World is the most advanced water ride park in the world, a $60 million investment packed with water-powered wow and the only water park in the world boasting all four of the hottest waterslides on the planet.

1974

Founder John Longhurst purchases the 85 hectare Dreamworld site at Coomera to build a family theme park.

1981

Dreamworld officially opened by the Premier of Queensland Sir Joh Bjekle-Petersen.

1983
Blue Lagoon water park opened.
1984
Dreamworld commenced seven day trading.
1987

Park mascot Kenny Koala judged Australia ’s most ‘Outstanding Character’.

1993
The Wipeout opens.
1995
Tiger Island opens.
1997
Tower of Terror opens.
1998
Giant Drop opens.
First litter of Bengal tiger cubs dubbed the ‘Awesome Pawesome’ born at Tiger Island.
1999
ASX listed Macquarie Leisure Trust acquires Dreamworld.
2001
Cyclone Rollercoaster opens.
Bengal Tiger Kato arrives at Tiger Island.
Koala Country expanded and redeveloped into one of the largest native wildlife parks in South East Queensland reopened as the
Australian Wildlife Experience.
First Big Brother series produced live from Dreamworld.
2002

Nick Central kids zone opens.
Dreamworld comes of age and turns 21!
Second Big Brother Series produced live from Dreamworld.

2003
Third Big Brother Series produced live from Dreamworld.
Sunset Safaris commenced.
2004
All new knee knocking thrill ride, The Claw, opens.
Fourth series of Big Brother held at Dreamworld.
2005
The first ever Wiggles World opens
Fifth Big Brother Series produced live from Dreamworld.
2006

Australia’s first and only permanent wave, FlowRider opens.
Sixth Big Brother Series produced live from Dreamworld.
WhiteWater World, a brand new water ride park, opens next to Dreamworld.
Dreamworld celebrates its 25th Birthday.

2007

First litter of Sumatran tiger cubs born at Tiger Island.
Seventh Big Brother Series produced live from Dreamworld.
Adopt an Animal Program launches at Dreamworld
Two world-class event venues open - The Dream Room at Dreamworld and The Shell at WhiteWater World.
Australia’s first motobike rollercoaster Mick Doohan's Motocoaster opens.