This tropical island could be your new home

IF you've ever dreamt of escaping to an island, here's your chance.

Pelorus Island's only residential property is being offered to the market for the first time with the 30-year residential lease covering 4040sq m of prime ocean frontage and exclusive access to one of the Great Barrier Reef Marine Park's most stunning offerings - accessible only via private boat or helicopter.

This archipelago is widely acknowledged by the boating community as among the best, and most unpopulated, boating destinations in the world, says listing agent James Pascoe.

"History is that it was part of the Coral Princess Cruise operation with weekly visits from the boat on its Cairns, Hinchinbrook Channel/ Palm group/Barrier Reef five-day cruise," he said.

"The Coral Princess Cruise business was sold to Singaporean interests who didn't want the island, as their concentration is now on the Kimberleys, thus the owner now has no use for it and the managers are retiring to Mackay."

The property comprises a single-level, open-plan cottage and outdoor facilities that take in the best aspects of Pelorus.


How's the serenity?
How's the serenity? Supplied

Fully furnished with unfettered access to all the natural and untouched beauty of the island, this residence has a sprawling veranda at front with sweeping views to the ocean and surrounds just metres from the water.

The self-sufficient residence is fully powered by solar with large battery storage systems and dual backup generators on site.

The property also comes with a fully equipped workshop, a 4×4 tractor and 6.3m Dale boat, beach trailer and 5hp reduction winch on the island along with a road trailer located at Dungeness near Lucinda.

"The lease is 30 years (automatically renewable at 85 per cent of expired term) and still has 29 years to run," Mr Pascoe said.

"It is for residential purposes only but buyers are able to build new additional accommodation but may not operate as a resort."

Due to its unique positioning, only 17km east of Lucinda, the property has already attracted the interest of numerous buyers, both locally and nationally.

"There has been significant local interest from individuals plus syndicates of five or six members looking to use for, say, two months each," Mr Pascoe said.

"Nationally we have had nearly 100 what we regard as reasonably serious inquiries.

"We have fielded offers in  the  $1.2 million to $1.5 million range but we had thought it might be worth circa $2 million."

News Corp Australia

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