• An Australian couple are raffling off their tropical island resort for $71 a ticket.

The Gold Coast couple spent two decades developing the 16-room Kosrae Nautilus Resort in Micronesia. Now they are selling it all – staff and scuba diving business included – to be closer to their family in Australia.

But Doug and Sally Beitz aren’t putting the property out to tender or auction – they’re holding a raffle.

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The island of Kosrae in Micronesia

Supplied The island of Kosrae in Micronesia.