After two years on the market, Daydream Island is being relaunched, in order to generate new interest in the Whitsunday resort.
The island owner, Vaughan Bullivant, due to ill health is ready to part with the island and has reconsidered the price.
CBRE’s senior director of hotels, Wayne Bunz said Daydream’s true market value is above what is being asked.
“The owner is now motivated to sell, and is realistic on current pricing levels,” Mr Bunz said.
The new express campaign is ‘citing a 2010 replacement cost of $157 million,’ as reported in