Adrian Portelli Sets Sights on Expanding Phillip Island Ventures with Luxury Developments
Melbourne entrepreneur Adrian Portelli, known for his dynamic presence in the property and entertainment industries, has unveiled plans for a luxury development on Phillip Island following his headline-making purchase of all five properties from the 2024 season of The Block.
Portelli, founder of LMCT+, has announced a new project to transform the iconic properties into an exclusive resort-like community. The development, which he calls “The Ultimate Island Retreat,” will feature luxury accommodation, wellness facilities, and a focus on eco-tourism to attract both local and international visitors.
“We want to celebrate Phillip Island’s natural beauty while providing a world-class experience for our guests,” Portelli shared in a recent interview. “This is about creating a destination that blends luxury with sustainability.”
The announcement comes as Portelli continues to dominate headlines for his bold property acquisitions and his innovative approach to business. The entrepreneur plans to raffle the revamped properties through his company LMCT+, giving entrants a chance to win the ultimate getaway experience.
Local businesses and tourism operators have expressed excitement about the project, which they believe will boost the island’s economy and solidify its reputation as a premier destination. However, some residents have voiced concerns about the potential environmental impact, urging Portelli to prioritize sustainable practices.
Portelli has reassured the community, stating, “Sustainability is at the heart of everything we do. This project will not only respect the island’s unique environment but also give back to the local community.”
τ plans already in motion, construction is expected to begin later this year, with a grand opening anticipated in mid-2026. Phillip Island’s transformation under Portelli’s vision is set to make waves in Australia’s tourism and luxury markets
