A REMOTE island dubbed a fisherman’s paradise is up for sale – but it comes with a warning for its new owners.
Sweers Island off the north Queensland Gulf of Carpentaria is under offer at $3.95million and includes a booming tourism business and resort.
The 8km long by 2km wide stretch of land is considered a utopia for keen fishermen and it’s fishing resort is all part of the deal.
There are two houses for management and staff as well as cabins and hire boats for visitors, two airstrips and a hanger.
It has a bar, an open dining area, and miles of beaches to relax on.
Temperature also rarely drops below 24C, even in the winter and can get as high as 35C in December.
The island however is completely off-grid and runs on solar and gas-powered services.
Trash facilities are taken care of by a barge that visits regularly and also provides the island with goods from the mainland.
Estate agent Richard Vanhoff from Private Island Online said the best thing about the island was the size of the fish out in the reef.
He said: “They’ve got some of the biggest coral trout in Australia, which I think is the trophy fish for most fisherman – the ones they are catching up there are just huge.”
However, there is a warning to new owners as sharks have been spotted in the waters around the island and even a crocodile.
But the sharks are thought to be well fed by the abundance of fish near the remote spot.
The 30-hectare has been for sale since May last year and has now been reduced in price after owners Tex and Lyn Battle decided to sell up.
The property works well as a business for five months of the year – bringing in enough revenue to make up for the quieter winter months.
The owners of the resort will manage the 1,100-hectare island as caretakers.
The island offers a perpetual lease for tourist operators with minimal outgoings and no rates need to be paid.
Richard warns that there can be hidden costs when investing in your own private island.
Freehold islands come with council rate costs even though they may not get access to council services.
However, most islands are sold as leaseholds which means the owner can hold the land for 25 to 75 years.
This means that rental costs can run into the thousands
He told the Australia Daily Mail: “Even though you buy the land, you still have to cough up for a rental each year. It’s not a great deal, but most island owners mitigate those costs by leasing out the property.”
Another nearby island is also on the market and will cost you less than the price of a house.
Temple Island, located 3km off Cape Palmerston National Park on the Central Queensland coast comes with 123 acres of land.
It has its own 1100m private airstrip, a four-bedroom home on the highest point of the island, a new tractor, off-road buggy, Range Rover and quad bike.
The four-bedroom home on the island has three upstairs bedrooms, a downstairs bunk room, kitchen, bathroom, lounge, large veranda and a full solar and battery setup.
The island is up for $1.75million after coming back on the market recently.