‘ Punt’ on Pelorus prop­erty

Townsville Bulletin - - NEWS - RACHEL RI­LEY

A RARE slice of North Queens­land is­land life has sold to the tourism arm of a fam­ily- run busi­ness that has a strong in­vest­ment foot­print in Townsville.

The only home on the 4sq km Pelorus Is­land, north­east of Townsville, was put on the mar­ket late last year. The fully fur­nished two- bed­room home, which comes with a speed­boat and trac­tor, went un­der un­con­di­tional con­tract on Fri­day with the Chris Mor­ris- owned The Mor­ris Group, own­ers of the North­ern Es­capes Col­lec­tion in­clud­ing The Ville Re­sort- Casino and Or­pheus Is­land Lodge.

The Mor­ris Group’s ex­ec­u­tive di­rec­tor and Mr Mor­ris’s daugh­ter Hay­ley said her fam­ily had bought the res­i­den­tial lease of the home for now, but in the fu­ture, may look at other op­por­tu­ni­ties.

“We’ve been told that it has the best beaches and snorkelling in the Palm Is­land group,” she said. “We’d love to take our Or­pheus Is­land guests to the beaches of Pelorus.

“We’ve taken a bit of a punt ac­quir­ing the is­land so hope­fully in time we’ll be able to in­vest more in that space to com­ple­ment the other in­vest­ments in our North­ern Es­cape Col­lec­tion.” The cur­rent own­ers, Tony and Vicki Briggs, bought the home when they owned and op­er­ated a Great Bar­rier Reef cruise busi­ness.

They used the prop­erty as a stopover for their cruise ships, tak­ing guests to the beach to snorkel.

They have since used the home as a hol­i­day house af­ter sell­ing their cruise busi­ness in 2014.

Ac­cord­ing to prop­erty records, the home sold for $ 320,000 in De­cem­ber 2003 and $ 280,000 in May 1994.

Sell­ing agent James Pas­coe from Col­liers In­ter­na­tional would not dis­close the lat­est sale price but said it was “close to ex­pec­ta­tion”.

“We had more than 100 in­quiries, which is a con­sid­er­able amount,” he said.

Mr Pas­coe said the sale was the first time Col­liers In­ter­na­tional had sold a piece of an is­land of this na­ture.

“We’ve done a fair bit of home­work on other op­tions that were avail­able and didn’t re­ally come across any­thing else like this,” he said.

The Mor­ris Group is ex­pected to take of­fi­cial own­er­ship of the prop­erty in the next month.

Chris Mor­ris.

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