The housing market in Australia is so comically dire at the moment that a tin shack in Glebe fetched $1.69 million at auction last year, a literal parking space recently sold for $190,000, and now it seems that it might actually be cheaper to purchase an entire island on the Great Barrier Reef than a home in a suburb closer than two hours’ drive from a metropolitan centre.
We are not kidding: this property, the only one on Pelorus Island, a 4km square tropical isle off the coast of Townsville, is currently for sale. The expected going price? $2 million or less.
Via Realestate.com.au.
Because the owner will be the sole inhabitant of the island, they’ll also be the only one on the 30-year residential lease of the beachfront tropical paradise. Supply boats do the rounds regularly, the mainland is only 10 nautical miles away, and the weather is pretty much perfect all year round, so yes, this is an absolute fucking bargain.
Just one of many potential role play ideas for you, the future island-owner.
The house itself is a fully self-sufficient open-plan cottage, with solar power, battery storage systems and two backup generators. The property also comes with a kitted-out workshop, a tractor, a 6.3 metre boat, a beach trailer and winch, and a road trailer back on the mainland. Did we mention that the island itself is beautiful, has some of the best fishing and boating conditions going, and is full of fully sick caves?
Pictured: you, living your best life.
Pelorus Island’s residential lease agreement means the owner of the property won’t be able to develop the place into a resort, but they could build extra accommodation.
Via Realestate.com.au.
What I’m trying to say is: it’s time to get ten of your mates together, pool your money, and buy a fucking island from which to watch the rest of Australia burn.
Source: Realestate.com.au.
Image: Mark Colby / Getty.
