FOR the median price of house in Fig Tree Pocket in Brisbane, or Minyama on the Sunshine Coast, you can purchase an entire island at the Whitsundays.
The 20ha Poole Island has been offered to the market for the first time in 40 years, and you can pick it up for just $1.2 million.
To put that in perspective, a one-bedroom unit in Sydney is on the market for $1.16 million.
You get a bit more bang for your buck in Melbourne, with a three bedroom unit up for grabs for $1.15 million.
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But neither of those options are located on the Great Barrier Reef, one of the Seven Wonders of the World.
Australian Islands island and resort specialist Richard Vanhoff said he had already received hundreds of inquiries since the property launched on Monday (October 15).
“We’ve had probably well over 1000 inquires so far, which has been huge,” Mr Vanhoff said.
The island has its own 700ft runway to cater for small aircraft or helicopter from either Airlie Beach or Bowen.
The island has a large home facing the Coral Sea with a second house that was built in the late 1800s.
He said the property, now zoned residential, once had a commercial operation as the first place in Queensland to store frozen meat to be distributed internationally. Its deep water access meant large vessels could call in to collect meat to distribute it up and down the coast and even go overseas.
The island was first developed as a commercial property in the 1800s and still has some evidence of its former existence.
“It was quite a substantial operation on the island and it was very exciting,” he said
Mr Vanhoff said the 93-year-old owner put the island up for sale as his family no longer visited it.
“It’s a place where he brought up his children for holidays and it’s just a family island,” he said.
Inside the main residence.
“They live in Melbourne and the kids now no longer want to trek that far to the island, which is often the case with islands, it’s the kids that end up determining whether they keep them or they move them on.
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“Being in his nineties, he’s had enough, he’s going to hang around Melbourne and live out his years there I guess.”
Poole Island in the Whitsundays has hit the market at $1.2 million.
Poole Island comes complete with two homes and sheds, an aircraft runway and handmade rock swimming pool.
Buyers will have their first opportunity to inspect the island late this Sunday, October 21 and then again on Tuesday, October 23.