Dunk Island

2022 - 7 - 12

Post cover — Image courtesy of "The Urban Developer"

Annie Cannon-Brookes Swoops on Troubled Dunk Island (The Urban Developer)

Tech billionaire Mike Cannon-Brookes is the latest high-profile buyer to be lured to splash his cash on far north Queensland's abandoned tropical island ...

The island is one of just a few freehold island assets on the Great Barrier Reef. It also has mainland power connection, perpetual water and extensive utilities infrastructure. The latest sale of Dunk Island follows a number of island resort deals off the Queensland coast, including on Lizard, Hook and Long islands. According to parties close to the deal Cannon-Brookes is “assessing plans to develop the island”. With 147ha of freehold developable land and a Qantas-built airstrip, Dunk Island was an internationally famous 4.5-star resort destination until it was hit by Cyclone Larry in 2006. Annie Cannon-Brookes, wife of tech billionaire Mike, is the latest high-profile buyer to take on the far north Queensland’s abandoned tropical island resort of Dunk Island. “This transaction reinforces the appeal of investment in coastal locations and the sentiment that leisure travel across Australia is poised for continued growth,” Langsford said.

Atlassian founder Mike Cannon-Brookes buys Queensland's Dunk ... (Daily Mail)

The wife of Australia's third richest man has bought a Queensland resort island for more than $23 million with plans to restore and preserve its natural ...

The Royal Australian Airforce occupied the island during World War II and built an airstrip. The island quickly became a celebrity destination and included visits from Sean Connery, Henry Ford II, and Australian Prime Ministers Harold Holt and Gough Whitlam. The island was bought by Captain Brassey and Banfield's bungalow provided the basis for the beginnings of a resort, which was commenced in 1936. The island is bought by Annie Cannon Brookes, the wife of Atlassian billionaire and third richest Australian man Mike Cannon Brookes, for $23.65 million. The traditional Aboriginal owners of Dunk Island are the Bandjin and Djiru people, who have lived in the area for tens of thousands of years. The Island's previous owners planned to redevelop the resort after it was struck by Cyclone Yasi in 2011 and left in ruins (pictured, damaged hotel on Dunk Island) The sale of Dunk Island ended the resort's three-year bid by its former owner to offload the property (Pictured, abandoned and damaged hotel room on Dunk Island) Ownership of the island has been a controversial and costly issue for its former owners, changing hands several times since its sale to Linc Energy founder Peter Bond in 2012. Annie Cannon-Brookes (left) wife of Australia's third richest man, Mike Cannon-Brookes (right) bought Dunk Island with a plan to restore and restore the island's natural beauty In 2011, Dunk Island was left in ruins and empty after category five Cyclone Yasi struck the resort. - The island was left empty and in ruins after it was struck by Cyclone Yasi in 2011 It was once a paradise holiday destination that drew in hordes of tourists and a who's who of celebrities - but for more than a decade, the now infamous Dunk Island has been in ruins.

Annie Cannon-Brookes buys Dunk Island with plans to develop (ABC News)

Annie Cannon-Brookes, wife of tech billionaire Mike Cannon-Brookes, strikes a deal to buy the beleaguered Dunk Island, off the coast of Far North ...

"We're very excited for the future of Dunk Island, very excited for the future of tourism in the region and the general economy." The head of Cassowary Coast Tourism Patrick Bluett said there was a sense of relief and excitement about the sale among the region's tourism operators. - Tourism bodies say there's a sense of relief and excitement about the sale after several failed attempts

Atlassian's Mike Cannon-Brookes Drops $24 Million On Dunk Island (Boss Hunting)

Mike Cannon-Brookes and his wife Annie have just added to their property portfolio, with the purchase of Dunk Island for $23.65 million.

It’s to the point where some speculate Cannon-Brookes could be retaining what is perhaps the country’s largest collection of private homes, weekenders, and farms for personal use. Just as Mike Cannon-Brookes is passionately driven by concerns to protect the environment, which he has used his majority shareholder position at AGL to express, Annie is also deeply motivated by sustainable causes. Rich-lister Mike Cannon-Brookes and his wife Annie have just added to their burgeoning property portfolio with the purchase of Dunk Island on Queensland’s Great Barrier Reef for $23.65 million.

Love island, hate island: But I'm not here to slam Dunk (The Sydney Morning Herald)

When I learnt that Annie Cannon-Brookes has purchased Dunk Island for $24 million, my second thought was of my own island experiences.

It was pleasant to lounge by the pool drinking cocktails, but when those cocktails cost as much as a Sony Walkman, it was difficult to relax and enjoy the Queensland sun. I couldn’t leave the island for the duration of the holiday; I had to stay and watch my credit card be drained. I sat at the restaurant, literally trembling at the prices on the menu. There was literally nothing to do on the island other than drink, which the crew and older cast members did, copiously. The accommodation was basic, to say the least. Back in 1984, I spent six weeks on Brampton Island in the Great Barrier Reef, as a sixteen-year old cast member in the ABC mini-series Butterfly Island.

Mike Cannon-Brookes buys Dunk Island (Elite Agent)

Australian billionaire Mike Cannon-Brookes and his wife Annie have purchased one of Queensland's best-known properties, picking up Dunk Island for $23.65 ...

The Atlassian co-founder continues the run of high-profile Sydney investors buying up islands on Queensland’s Great Barrier Reef following the sale of Victor Island and Elysian Retreat on Long Island in recent months. According to the Australian Financial Review, the deal was driven by Annie Cannon-Brookes who “purchased the land with the intent to preserve its natural beauty for years to come”. Australian billionaire Mike Cannon-Brookes and his wife Annie have purchased one of Queensland’s best-known properties, picking up Dunk Island for $23.65 million.

Aussie mogul buys whole tropical island (NEWS.com.au)

Another Aussie rich-lister has dropped a huge amount buying a Great Barrier Reef island, giving tourism groups hope the weather-beaten asset may return to ...

“Everyone‘s being very tight lipped about it … We haven’t engaged with the new owners yet. “Annie has purchased the land with the intent to preserve its natural beauty for years to come,” a spokesperson for Ms Cannon-Brookes said on Tuesday. Luxury property circles were aflutter on Tuesday with news mogul Annie Cannon-Brookes, the wife of tech entrepreneur Mike Cannon-Brookes, had spent $24m to buy Dunk Island south of Cairns.