Island & Resort Commercial Property

Owning a tropical island resort in Queensland has traditionally been a fast way to lose money. But a new breed of buyers could make the volatile sector more viable.

The famed Dunk Island is poised for a reboot as a major Queensland resort after the dilapidated property sold to Annie Cannon-Brookes, the wife of Atlassian chief executive Mike Cannon-Brookes, for about $25m.

Queensland is blessed with beautiful islands that are ready-made stars of multimillion dollar tourism promotions. But who would want to own one?

A new eco-lodge will be built on a once-popular holiday island in the Whitsundays, almost a decade after its cyclone-damaged resort closed.

A Tiwi Islands escape with a built-in business could be the sea change many commercial property buyers are looking for, with a stunning oceanside opportunity creating huge interest online. Melville Island Lodge, which also includes …

An idylic tropical island — and it could be yours.

The embattled Mayfair 101’s plans to sell or rent out a swag of the properties it bought in Queensland’s Mission Beach have been put in doubt as the senior lender on the portfolio has begun putting them on the market itself.

Fund manager Mayfair 101 has told a court that a liquidation of the business unit that is backing the redevelopment of Dunk Island and Mission Beach into a $1.5bn tourism mecca could result in a fire sale of the assets.

Former Liberal MP and barrister Clem Newton-Brown is hoping to raise up to $1.5m from a crowd-funding campaign to buy more Tasmanian islands, as the COVID-19 experience boosts the popularity of regional accommodation.