Victor Island in the Whitsundays sold at 31pc discount to last sale
The 3.14ha island near Mackay was bought for $3.65m by Sydney-based Kingdom Developments, but sold for just $2.51m despite competition from 15 bidders.
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The 3.14ha island near Mackay was bought for $3.65m by Sydney-based Kingdom Developments, but sold for just $2.51m despite competition from 15 bidders.
Owned by Well Smart Group and operated under Accor's popular Mantra brand, the resort's new interior design concept echoes seaside elegance, offering stylish boutique-style accommodation with coastal-inspired décor.
Billionaires Andrew Forrest and Mike Cannon-Brookes are among the new cohort of private island owners, but making a buck is not always easy.
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