David Kingston lists Long Island, in the Whitsundays
Jonathan ChancellorFebruary 6, 2021
The private investor David Kingston has his Whitsundays island listed with $20 million hopes.
Long Island Resort was originally developed by Contiki.
Kingston, a former managing director of investment bank Rothschilds, has owned it for the past two decades.
The island will be offered for sale with the Club Crocodile Airlie Beach Resort which could bring up to $9 million through Wayne Bunz and Hayley Manvell of CBRE Hotels to market the properties with Christie Leet of PRD Nationwide Airlie Beach.
The 8-hectare property has opportunities for expansion.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.