Remember the 115M Migaloo Submarine concept? Well this is its fancy and incredible cousin.

It?s a semi-submersible Kokomo Ailand and it?s also the perfect place to keep the Migaloo submarine alongside.

Featuring a LOA of 117 metres and a beam of 78 metres, you won?t be stuck for space. Initial renderings show a garden deck with alfresco dining, and a jungle deck with waterfall, palm trees and a botanical garden.

If you?re the lucky owner then you can enjoy the penthouse deck, a staggering 80 metres above the water, incorporating two elevators and a glass-bottomed hot-tub.

Some of the underwater entertainments are sub-sea dining, a shark-feeding space, and outdoor cinema and laser displays.