Multi-million-dollar redevelopment to start in cyclone-ravaged Australian island

Monday, September 23, 2019

Australian Dunk Island is ready for redevelopment after being decimated by a category-five cyclone back in 2011. It was once a great holiday resort but after being devastated it looked more like a post-apocalyptic horror movie setting.

Mayfair 101 an international conglomerate has purchased it and has shelled out more than 32 million Australian dollars (21.7 million U.S. dollars) for the tropical far north island located 140 km south of Cairns. It has further plans of investing on the rebuild.

Over 200 tourism-related properties at the nearby Mission Beach area on the mainland will be bought by the London-based firm as per the deal.

The  company said it expects to facilitate more than 1.6 billion Australian dollars (1.08 billion U.S. dollars) in investment into the Mission Beach region over the next 15 years. This will help in the creation of more than 10.500 direct and indirect full-time jobs during the construction process.

Mayfair 101’s Managing Director James Mawhinney stated that Dunk Island is an iconic part of Australia’s history and located between two world-heritage areas. Their vision is to create a tourism mecca with Dunk Island becoming one of the most sought-after island destinations in the Asia-Pacific region

Eight years ago the region was hit by Cyclone Yasi which blasted it with 285 km per hour winds that tore apart 40 suites at the former holiday resort.

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