Remote Cape York freehold site with ecotourism potential on the block for $15m
Known as Utingu, the remote freehold site with ecotourism potential was once the home of novelist Jack McLaren.
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Known as Utingu, the remote freehold site with ecotourism potential was once the home of novelist Jack McLaren.
Billionaires Andrew Forrest and Mike Cannon-Brookes are among the new cohort of private island owners, but making a buck is not always easy.
It’s a buyer’s market with price falls everywhere from Victoria’s Portsea to Sunrise Beach in Queensland.
Despite average punters paying thousands more in monthly mortgage costs, agents say there is no shortage of trophy home hunters with deep pockets.
Elysian Retreat and Victor Island have both been acquired by Sydney-based buyers at discounts to their original asking prices.