S
outh Molle Island, a 28-hectare Queensland island with a derelict resort, has been listed for sale by HTL Property via an expressions of interest campaign. The island's future had been shrouded in mystery since its Chinese investor owner abandoned it after Cyclone Debbie damaged the property in 2017.

    The Whitsundays have seen several derelict resorts hit the market in recent months, including Double Island, which was seized by the Queensland government and resold to a Hong Kong billionaire. The government has threatened to strip more owners of abandoned island tourism properties of their leases, but it's unclear if South Molle Island is affected.

    The resort on South Molle Island was once home to 188 rooms and premium facilities, including multiple pools and a golf course. However, the property has been in a derelict state since Cyclone Debbie, with only a new jetty built to allow visitors to access the island's national park walking trails.

    HTL Property's Andrew Jolliffe expects strong interest from investors, hoteliers, or developers willing to take on the rebuild. "The Whitsundays are incredibly popular with both Australian and offshore richlist families," he said. "This is a one-of-a-kind development opportunity that offers tremendous growth and unlimited upside potential."

    The island's prime location and natural beauty make it an attractive prospect for those looking to enter the Australian resort market or expand their existing portfolio. HTL Property's Andrew Jackson added, "New resort developments in the Whitsundays highlight the surging market interest in new accommodation in the region." The expressions of interest campaign is ongoing with no closing date set.