World’s only ‘moveable private island’ worth £300million complete with waterfalls, penthouse and shark feeding station

THE world's first moveable private island is worth £300 million and comes with waterfalls, penthouse and shark feeding station.

Kokomo Ailand is a brain child of Migaloo boat company and it comes with all the luxurious amenities one can wish for.

The floating paradise stands on existing semi-submersible platforms, and each deck is more extravagant than the last.

Kokomo Ailand is at a whopping 383 feet long which gives plenty of space for the all state-of-the-art facilities.

The owner's deck features a spacious penthouse 260 feet above sea level with a private glass elevator.

The island - which moves at a speed of 9mph - can also accommodate guests in four VIP suites and six bedrooms.

The creators promise the dramatic "flair of an exotic island" and it comes in a form of a jungle on the second deck.

You can immerse yourself into the lush hanging gardens full of exotic plants along with living palm trees and a man-made waterfall.

The lavish Kokomo Ailand also features a SPA with massage parlours and beauty salons, outdoor cinema and barbecue area.

But one of the most daring features has got to be the “shark-feeding elevator” though.

The island is also designed so that you can dock your yacht or submarine there too, or land your chopper on the heli pad.

There's plenty of entertainment to steer away boredom with two beach clubs, underwater dining salon and infinity pools.

One of the notable features is an "in-pool-elevator" that takes you straight to the beach club.

All the extravagant facilities can be tailored to the future owner's taste.

Migaloo boss Christian Grumpold told the Huffington Post: "Living on and with the sea will be a future mega trend.

"The island can be a first step to adapt to this new way of living."

Christian previously revealed to Bloomberg that the islands were among "the most expensive private objects worldwide”.

The same company has also revealed their concept for the world's first submersible superyacht that's worth $2 billion and is three times bigger than Britain's nuclear submarines.

They are offering a gigantic 928ft vessel that contains a helipad for the helicopter it has on-board, as well as a swimming pool, movie theatre, wine cellar, library and much, much more.

For comparison, the British Royal Navy's leading submarine, HMS Astute, seems a tiddler at only 318ft.