China Capital Investment Group (CCIG) have bought South Molle Island for $25 million.
Daydream Island Resort and Spa owners China Capital Investment Group (CCIG) have bought South Molle Island for $25 million.
According to Travel Daily, the 4.6km square metre island has more than 12 hectares of developable beachfront land, surrounded by national park, and has connectivity to Airlie Beach and the nearby airports of Hamilton Island and Proserpine by helicopter or boat.
A master plan for South Molle indicates that there is scope for 4-, 5- or 6-star resorts and residential accommodation for up to 1,300 rooms and a spa to be developed.
Australia selling off its assets to another Country…. Shame that