A tropical island in Australia’s Great Barrier Reef is on sale for AUS$25 million, and it comes with a sustainable, off-grid resort, a private beach and an oyster-filled bay.
Pumpkin Island lies 14km off the coast of Yeppoon, Queensland, between Brisbane and Cairns in the pristine waters of the Keppel Group islands. It has palm trees, decked pathways, rocky outcrops, a kaleidoscope of colourful corals, and whales swimming near its shores.
The 14-acre private island runs on wind and solar power, and it was Australia’s first beyond carbon neutral island – it offsets 150% of its greenhouse gases. It has five rustic cottages for 34 guests, a bar and function room, two moorings, a helicopter pad and an oyster lease available via separate negotiation.
The secluded commercial property is being sold on a lease until 2046 (rolling lease after that) for the second time in its history via Knight Frank. The previous owners turned the former oyster farm into a resort in the 1960s after winning the Australian island in a game of poker from an oyster farmer called Snigger Findlay, according to 7news.com.au.