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Tuesday, February 3, 2026

Chinese Owner Lists Whitsundays Private Island for Sale

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A once-thriving holiday island in Queensland’s Whitsundays has quietly returned to the market, this time from the hands of a Chinese billionaire, with agents describing it as one of the most unique tourism development opportunities in Australia.

South Molle Island, long dormant following a cyclone and years of neglect, is being offered for sale by its current owners, China Capital Investment Group (CCIG), a Shanghai-based conglomerate helmed by billionaire Chuanyou Zhou, known for his investments in real estate and infrastructure.

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