Melbourne, April 26 : Pop princess Kylie Minogue has sold her getaway home on Victoria''s French Island for more than 1 million dollars and it is set to become a high-profile health retreat.

Horse racing identity Graeme Little bought the property, which has been on the market since February last year.

Agent Hocking Stuart confirmed the 20ha property''s sale for a seven-figure sum.

And now, Little is planning to turn the four-bedroom, two bathroom house into a health retreat once the deal settles in November.

The rates would start about 250 dollars a night, reports the Daily Telegraph.

Little, a horse breeder and former boss of investment company Greenchip, said his new venture would be Victoria''s answer to other high-profile health retreats including Olivia Newton-John''s Gaia near Byron Bay. (ANI)