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

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

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