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Music entrepreneur linked to Aerosmith and Van Halen is set to buy a Queensland island featuring a 160-room resort and golf course but is warned it needs a hell of a lot of money to return it to its former glory Dunk Island off the coast of Queensland to be sold a third time since 2011  Music entrepreneur Mark Spillane has reportedly agreed to a $20-25 million Cyclone Yasi hit the island in 2011, destroying it s 160 rooms and golf course Mr Spillane has been linked to superstars Jimmy Barnes and Aerosmith 

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