Chinese snap up Whitsunday island for $25m

  • Daydream Island owner China Capital Investment Group has snapped up South Molle island in the Whitsundays in the heart of the Great Barrier Reef for about $25 million.

The perpetual leasehold for the tropical island was put up for sale by long-time owner and tourism identity Craig Ross in April after he received a number of unsolicited approaches from investors and developers.

 

READ MORE VIA DOMAIN.COM.AU

South Molle has been snapped by China Capital Investment Group

South Molle has been snapped by China Capital Investment Group.

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