Qld island resort owes $250k in rent

A company behind a major resort development on a central Queensland island could lose its leases if it doesn't cough up $250,000 in unpaid rent.

State Development Minister Dr Anthony Lynham confirmed on Tuesday that GKI Resort Pty Ltd, a subsidiary of Tower Holdings, which is behind a proposed $600 million eco-tourism resort on Great Keppel Island, was in arrears.

"There are significant implications if the money is not paid and that includes forfeiture of their leases," Dr Lynham said.