• Daydream Island owner China Capital Investment Group has snapped up South Molle island in the Whitsundays in the heart of the Great Barrier Reef for about $25 million.

The perpetual leasehold for the tropical island was put up for sale by long-time owner and tourism identity Craig Ross in April after he received a number of unsolicited approaches from investors and developers.

 

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South Molle has been snapped by China Capital Investment Group

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South Molle has been snapped by China Capital Investment Group.