The deal cost approximately $ 20 million.
Shanghai company China Capital Investment Group has purchased the island with the resort and beaches in Queensland in northeast Australia. The firm paid for the property of 19.1 million dollars.
On the island of South Molle are 12 hectares of beaches and resort with 188 rooms. The property was for sale, its previous owner, businessman Craig Ross (Craig Ross) in April.
According to the preliminary plan for the development of South Molle, seen by The Australian, on this plot of land has space for the construction of hotels of category four and five stars, and a Spa centre. The room Fund of the resort may exceed 1.3 thousand rooms.
In the beginning of 2015, China Capital Investment Group has bought Queensland’s Daydream Island resort. The amount of the transaction amounted to $ 23 million.
