Linz said Lee said he did not fully understand the sale documents he had signed as English was not his first language.
He co-operated fully with the Overseas Investment Office throughout its investigation and said he did not know he needed consent under the Overseas Investment Act.
In his sentencing, Justice Muir said there was a “substantial” land area involved in the sales and the properties purchased were of natural significance.
“They had a substantial combined purchase price and were being acquired for commercial tourism purposes, all obvious ’red flags’ for any professional organisation representing Mr Lee’s interests,” Justice Muir said.