Private island jewel of $40m Gold Coast river holding listed for sale

Foxwell Island is for sale
A PRIVATE island on the Gold Coast is up for grabs — but there’s a catch.
Foxwell Island, acquired by development giant Stockland as part of a larger $40m riverfront holding, has been listed for sale by Kollosche agents, Brad Coyne and Marco De Vincentiis.
But inspecting your potential unspoilt oasis could prove challenging.
The listing states Foxwell Island is “currently only accessible from the water or air” — however, with no pontoon or landing pad in place, that would require wading through mud flats.
The vacant 10.12ha island located within the Coomera River between Hope Island and mainland Coomera is one of only nine freehold islands in Qld, and is marketed via an expressions of interest campaign closing December 12.
Mr Coyne said laying claim to a private island was now achievable for buyers wishing to be in the league of Virgin billionaire, Richard Brandon, owner of the heart-shaped Makepeace Island off the Sunshine Coast.
Foxwell Island is for sale
“On Foxwell Island you could build a grand two-storey home or explore, subject to council approval, a venture in nature-based tourism, sport and recreation, agriculture or the marine industry.”
Seven inquiries had been received within 24 hours of listing the rural-zoned holding, Mr Coyne said.
“We’ve got a lot of high net worth clients, and generally a lot of wealthy people in and around that Sanctuary Cove area that would potentially consider it,” he said.
“It might be someone who wants to put a premium property there and be able to say they own an island, or it might be someone with a longer game plan who buys it and landbanks.
“It’s a great location — you’re only 150m to the Gold Coast Marine Precinct, but it is very secluded and very private and the logistics of accessing the island are still to be confirmed at this stage,” he said.
Foxwell Island is for sale
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Foxwell Island and neighbouring 8.1ha Thomson Island were part of a 116ha parcel purchased by Stockland in 2016.
Known as Waterway Downs, the land became the masterplanned community of Foreshore Coomera.
A Stockland spokesperson said the two islands were surplus to the development.
Thomson Island has not been listed for sale.
Foxwell Island was once used as a potato farm, with 2.19ha of its land levelled and cleared, and has been untouched by Stockland since it was acquired.
For those in the market for an island with a little more infrastructure, the 6ha Pumpkin Island is also listed for sale further north in the Keppel Island Group, off the coast of Yeppoon in central Queensland.
Aerial view of Pumpkin Island.
Known as XXXX Island after it featured in an advertisement for the iconic Qld beer, the southern Barrier Reef gem is listed for about $24m and has operated as an eco-tourism resort.
Pumpkin Island is owned by the Rumble family, who recently sold another island holding, Elysian Retreat on Long Island, for about $8m.
And the abandoned resort of Lindeman Island off the Whitsundays is also for sale for about $20m.

The post Private island jewel of $40m Gold Coast river holding listed for sale appeared first on realestate.com.au.

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