abc.net.au/news/queensland-tropical-islands-bought-up-by-australian-investors/101655228Australian investors with deep pockets are snapping up dilapidated Queensland islands, prompting optimism from the tourism industry they will be returned to their former glory.Lindeman Island is the latest among the Whitsundays to be sold to an Australian Investor
CBRE Hotels national director Wayne Bunz brokered the sale and said contracts had been exchanged with settlement expected in early 2023."I'm pleased to report that it has been sold to an Australian owner, but due to client confidentiality we can't reveal the new owner's name," he said. Annie Cannon-Brookes in July bought Dunk Island, with its resort having being destroyed by Cyclone Yasi in 2011.The Lindeman contract followed a string of island sales to Australian rich-listers over the past two years.
"These sorts of assets are challenging and the fact that we have seen the changing of hands in those islands is positive," he said.
All the billionaires preparing to retreat to their islands
Well done Mr Bergermeister23 Apologies for their typo.
unironically looks like the island in LOST dharma was based
But climate change ABC...