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Island offered for $75 million

UPI News Service, 02/09/2007 

An Australian land agent is offering to sell the southeast Pacific island of Vatu Vara for $75 million.

The 2-mile wide island features an extinct volcano, coral beaches, a tropical jungle and lots of turtles, The Times of London reports.

Vatu Vara is part of the 332-island Fiji archipelago and whoever buys it will have Australian actor and director Mel Gibson as the closest neighbor.

Once owned by a U.S. sailor named Joe Thompson, the island is believed to have hidden treasure in the form of a vast cache of gold coins buried by Thompson.

Because of its abundance of sailfish and black marlin, Vatu Vara is an ideal place for game fishermen, The Times said.

All that's needed to become the next owner is $75 million.

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Copyright 2007 by United Press International

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