Serious Singaporean bought 32.3 million sqft Australian island for appx S$0.17psf

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Serious Singaporean bought 32.3 million sqft Australian island for appx S$0.17psf

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01-06-2016, 03:40 PM

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Serious Singaporean bought 32.3 million sqft Australian island for appx S$0.17psf

An honorable member of the Coffee Shop Has Just Posted the Following:

An unnamed Singaporean businessman has purchased an island measuring around 300ha off Tasmania’s northeast coast for nearly AU$5.5 million, reported Australia’s ABC News.

Located 30km from the small town of Bridport, Waterhouse Island comes with a homestead, cottage and shearing shed, and was previously used for raising sheep. There’s also a wharf and a lighthouse.

The freehold property also benefits from an airstrip, permanent power supply and mobile phone reception, said Ant Manton, the property agent who sold it.

http://www.propertyguru.com.sg/prope...sland-for-5-5m

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