{"id":39577,"date":"2022-07-14T11:16:21","date_gmt":"2022-07-13T23:16:21","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=39577"},"modified":"2022-07-14T11:16:21","modified_gmt":"2022-07-13T23:16:21","slug":"australian-billionaire-has-purchased-one-of-queenslands-best-known-properties","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australian-billionaire-has-purchased-one-of-queenslands-best-known-properties\/","title":{"rendered":"Australian billionaire has purchased one of Queensland\u2019s best-known properties"},"content":{"rendered":"

PHOTO: Mike Cannon-Brookes and his wife Annie. FILE<\/strong><\/p>\n

Australian billionaire Mike Cannon-Brookes<\/a> and his wife Annie have purchased one of Queensland\u2019s best-known properties, picking up Dunk Island for $23.65 million.<\/h3>\n

According to the\u00a0Australian Financial Review<\/a>, the deal was driven by Annie Cannon-Brookes who \u201cpurchased the land with the intent to preserve its natural beauty for years to come\u201d.<\/p>\n

The famous 147-hectare property was once a luxury holiday destination that attracted thousands of tourists including many celebrities, but for more than a decade, has been in ruins after\u00a0Category 5 Cyclone Yasi\u00a0struck the resort.<\/p>\n

The island, which sits 4km off the Far North Queensland coast between Townsville and Cairns, was one of the many Great Barrier Reef locations to be destroyed by the tropical storm.<\/p>\n

\"Dunk<\/p>\n

PHOTO: Dunk Island. Viator<\/strong><\/em><\/p>\n

The Atlassian co-founder continues the run of high-profile Sydney investors buying up islands on Queensland\u2019s Great Barrier Reef following the sale of Victor Island and Elysian Retreat on Long Island in recent months.<\/p>\n

\"Think<\/a><\/div>\n
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Mike Cannon-Brookes buys $15m horse stud<\/a><\/h2>\n<\/header>\n<\/div>\n

Cannon-Brookes is Australia\u2019s third-richest person, with a net worth of $27.8 billion and owns a huge property and investment portfolio that includes one of Australia\u2019s most expensive homes \u2013 Fairwater at Point Piper on Sydney Harbour \u2013 as well as Wattle Ridge in the NSW Southern Highlands and a beachside home at Coasters Retreat at Pittwater.<\/p>\n

\"Mike<\/a><\/div>\n
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Billionaire Mike Cannon-Brookes adds to Sydney property portfolio, now $240m+<\/a><\/h2>\n<\/header>\n<\/div>\n

MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n