You are here

Singaporean businessman buys private island off Tasmania for A$5.5m: report

Thursday, June 2, 2016 - 22:29

02_06_2016 - pixtasmania.jpg
A Singaporean businessman has reportedly forked out a cool A$5.5 million (S$5.48 million) for a privately-owned island off Tasmania's north-east coast.

[SINGAPORE] A Singaporean businessman has reportedly forked out a cool A$5.5 million (S$5.48 million) for a privately-owned island off Tasmania's north-east coast.

The 287ha Waterhouse Island - about the size of 350 football fields - is 2km from mainland Tasmania. It has been in the same hands since the 1970s and drew worldwide interest after going on the market last year.

Read the full story here.

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom