Terry Agnew offloads Great Keppel Island resort to Asian duo

Terry Agnew offloads Great Keppel Island resort to Asian duo
Terry Agnew offloads Great Keppel Island resort to Asian duo

Terry Agnew has offloaded Great Keppel Island resort to an Asian duo, after a recent agreement with a cryptocurrency consortium for the island did not proceed..

The buyer, identified as Wei Chao Pty Ltd Singapore, lists its directors as Wan Long Wei and Pauline Wei from Taiwan as well as Peter Godber from Brisbane.

The sale involves a significant portion of 970 ha of development approved land on the island, subject to State and Federal Government requirements.
 
Current development approvals for the island include a 250-room beachfront hotel, 300 luxury apartments, 285 luxury villas, 9,000sq m of retail shops and a 250-berth marina.

Knight Frank Rockhampton agent Pat O’Driscoll was marketing Great Keppel Island with JLL Hotels with over 100 requests for information memorandums.

While an agreement has been reached, the sale process is yet to be finalised.

Great Keppel is the largest in the Keppel group of Islands with a total area of some 1454 ha and boasts 17 white sandy beaches and crystal clear waters just 12 kilometres off Yeppoon on the Capricorn Coast at the southern end of the Great Barrier Reef. 

The sale of Great Keppel Island is the fifth Great Barrier Reef island sale over the past two years, which includes South Molle Island, Daydream Island, Wilson Island and Heron Island.

 

Tags: 
Great Barrier Reef Island Listing

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