Annie Cannon-Brookes snaps up Dunk Island for $24 million | msccummins
Annie Cannon-Brookes, the wife of tech billionaire Mike Cannon-Brookes, has added to her vast property portfolio with the purchase of Dunk Island in Far North Queensland for $24 million with plans to rejuvenate the faded resort.
The 147 ha freehold Dunk Island, which has been closed since early 2011 after being battered by Cyclone Yasi, has an existing 160-room hotel, a 9-hole golf course and a day spa. It sits 4 km off Mission Beach near Cairns. But amid these deals, many other Queensland island resorts sit empty and are in dire straits having been hit by bad weather and the global pandemic.
JLL hotels senior vice president Langsford said the sale “reinforces the appeal of investment in coastal locations and the sentiment that leisure travel across Australia is poised for continued growth”.
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