[1] In 2016, Fulham Island was purchased by the Singaporean Hotelier and property magnate Koh Wee Meng (Aka "James Koh") through his company "JK Island Pty Ltd".
[3][2][4] Despite facing objections in a Tasmanian planning tribunal from local wildlife groups,[2] James Koh's company continues construction of a jetty on the island.
[5][6] Waldemar reef is present at the north-east end of Fulham island.
[7] The island has been extensively grazed and the vegetation is dominated by introduced grasses, bracken, boxthorn and some remnant blackwoods.
[1] Recorded breeding seabird species are little penguin, short-tailed shearwater and kelp gull.