‘Bargain’ North Queensland Island Comes to Market

Queensland’s great island sell-off continues with another patch of tropical paradise on the block.

The privately owned, perpetual leasehold Victor Islands at the southern end of the Great Barrier Reef Marine Park is to go to auction on April 11.

The 3.14ha property about 1000km north of Brisbane includes a newly renovated four-bedroom, two-bathroom house as well as a separate caretaker’s cottage.

The island has a 224-litre water tank, helipad, desalination plant, machinery shed and a solar farm with backup generator.

Next to a coral reef that provides a natural marina for vessels large and small, Victor Island is just under 2km from the mainland and directly opposite Salonika Beach, 42km south of Mackay. It is about 20 minutes by boat and about 10 minutes by helicopter.

▲ Victor Island is at the southern end of the Great Barrier Reef, within site of Salonika Beach, south of Mackay.

Ray White Surfers Paradise is handling the sale. Group chairman Andrew Bell said the mortgagee sale meant “someone will get an absolute bargain”.

A few islands in Queensland’s north have come to market in recent years, including South Molle Island, which was listed by owner China Capital Investment Group in August.

Known for its white sand beaches, clear waters and secluded bays, South Molle is the largest island in the Molle Group archipelago and one of the closest major islands to the mainland.

In April, a “surf and turf” property on the southern Great Barrier Reef was put up for sale, Spadely Station, a 1500ha freehold cattle property on North Curtis Island in Keppel Bay, off the coast north of Gladstone.

The property has seven freehold titles, a grassed 850m airstrip, safe anchorage and boat ramp, access to 17km of beaches, a residential block with building approval fronting the beach, an old Queenslander home, good gravel roads and sheds.

Also in April, Pumpkin Island, perhaps best known as XXXX Island from an ad campaign by the namesake beer brand, was offered for sale.

That island is about 14km off the coast of Yeppoon and 10km north of Great Keppel Island.

▲ Victor Island is 20 minutes off the coast by boat.

And in February, 2023 one of Far North Queensland’s most lavish island resorts came to market again—the third time in seven years.

Fitzroy Island Resort, the only resort on the 339-ha island about 30km off the coast of Cairns, was put up for sale for a reported $35 million.

The resort is on 4.4ha of beachfront land in the Great Barrier Reef Marine Park.