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Noosa riverfront sells for nearly $11 million

Noosa riverfront

The Noosa area has quietly clocked up its fourth $10 million-plus sale of 2020.

A Noosa Heads riverfront on Mossman Court, built just last year by local go-to building designer Paul Clout, has sold for $10.91 million.

It’s been bought by the little-known Karl Wenzel, the South African-born businessman who recently spent $5.28 million on Peppers Ruffles Lodge & Spa at Willow Vale in the Gold Coast hinterland.

The documentation had him give his address as his longtime Mosman home.

There’s little detail on Wenzel’s most recent purchase, secured off-market through Tom Offermann Real Estate agent Tom Offermann.

A swimming pool sits in a central courtyard, with the main kitchen, living and dining space opening out to the river, and a private sandy beach.

Clout designed the home after the 610 sqm riverfront property traded for $4.2 million in 2017, then an original four-bedroom home.

Mossman Court has been one of Noosa’s most expensive streets in the last few years.

There have been 10 house sales over the last 18 months, each selling for at least $4 million.

It’s the fourth property to sell for over $10 million in the Noosa LGA in 2020.

First, there was the Hastings Street penthouse secured by Elizabeth Ring, the cashed-up ex-wife of Swisse Vitamins billionaire Stephen Ring, for $14 million.

Then Therese Rein bought the Sunshine Beach home Pat Rafter built and in June another Noosa riverfront sold for $11.2 million to Hamell Retail founders Daniel Burke and wife Kylee.

Hamell successfully established main street retail precincts in areas undergoing urban renewal throughout the 90s.

 

The post “Noosa riverfront sells for nearly $11 million” by Joel Robinson appeared first on the propertyobserver.com.au Blog

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Property Investment Advice

Property pearl: the rare sky home that will take your breath away

Property pearl, Sea Pearl in Sunshine Coast

The rarest of Sunshine Coast sky homes – oozing with luxury and lifestyle – is expected to spark one of the most spirited auctions of the year.

In the highly sought-after Sea Pearl complex, the beachfront sub-penthouse at 1002/20 First Avenue, Mooloolaba, presents the ultimate in coastal living.

It is the first time in 12 years, this 254sqm apartment, boasting “some of the most spectacular views available on the Coast” has reached the market and agents don’t believe it will last long.

As well as three spacious bedrooms, two with ensuites, a main bathroom, media room and modern kitchen with butler’s pantry, the new owner will have access to a communal gym, heated lap pool, spa and sauna.

Next Property Group’s Richard Scrivener said the exclusive address mixed with “high stock” and rarely became available.

The apartment was originally bought off-the-plan for $2.8 million in 2010 and Mr Scrivener expected interest to be strong ahead of its auction, to be held onsite at noon on June 18.

“This is a truly unique property on Mooloolaba’s beachfront and is tightly held,” he said.

“There are very few properties that become available in Sea Pearl, which is regarded one of the best complexes on The Esplanade in Mooloolaba.

“We anticipate it to gather good momentum ahead of the auction. It’s one that’s not going to sit around for too long.”

Mr Scrivener said the last transaction in the complex was the penthouse, which sold for a cool $11 million in 2021.

Set across one level, the north facing luxury address offers spectacular 180-degree ocean views from Noosa to Point Cartwright.

The lavish master suite makes the most of the expansive views and the large ensuite includes marble floors, floor to ceiling tiles and a free-standing bathtub that is perfectly positioned with the view in mind.

The large open plan, modern kitchen incorporates stone bench tops, stainless steel appliances and a butler’s pantry, all ideal for entertaining.

The living and dining areas face the stunning Pacific Ocean and offer a luxurious space to appreciate the breathtaking views.

There is a good-sized home office and separate media room to kick back and enjoy a movie or watch some sport and the large wrap-around balcony is a comfortable space to sit and enjoy the busy, yet peaceful lifestyle that beach living has to offer.

Mr Scrivener said the apartment would suit buyers who wanted a permanent live-in or a weekend getaway.

“I imagine the buyer will be someone who is downsizing or looking for a weekender,” he said.

Property pearl, Sea Pearl Sunshine Coast

Sub-penthouse features include:

  • First class location.
  • Ample living spaces.
  • Stunning ocean views.
  • Step onto the Mooloolaba Esplanade and patrolled beach.
  • Outstanding restaurants at your doorstep.
  • Communal gym and media room.
  • Huge lap pool and spa.
  • Walk to Mooloolaba Surf Club.

 

Article source: www.sunshinecoastnews.com.au

 

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Opinion

‘Listing of the year’: why this beachfront apartment complex is set to smash record

Grant Whisker beachfront apartment complex

Prospective buyers from as far as Brazil, Britain and the US are eyeing an “incredibly unusual” beachfront opportunity on the Sunshine Coast.

Touted as the “listing of the year”, 58 Parkyn Parade offers the rarest of opportunities that could set yet another record for a region firmly in the property spotlight.

It’s an entire block of apartments under single ownership on the highly sought-after Mooloolaba Spit.

The brown brick complex on the beachside of Parkyn Parade is being sold in its entirety, with the 620sqm north-facing block and all three self-contained units.

The property will go under the hammer this weekend.

It last changed hands in 1984 for $60,000 when it was just a beach shack, and the new owners built the apartments a couple of years later.

Currently used as a holiday home for extended family, the complex could be renovated for investment, redeveloped into a beachside mansion, or become strata-titled apartments.

All three apartments in the 1986-built building boast large bedrooms, ensuites and open-plan living and dining.

Sliding doors open to balconies, which offer views of the pool, courtyard and beach reserve.

Grant Whisker, from Define Property Agents, said the nine-bed, six-bath property was an “incredibly unusual” market offering and was expected to break sales records within Mooloolaba and possibly even the Coast.

Mr Whisker said the listing was attracting global interest and he had fielded calls from Brazil, Britain and the United States.

He said three-bedroom, two bathroom strata-titled apartments in the area were selling for between $2 million and $3.5 million.

“This is a very iconic piece of real estate, and I’m coming from a place where I have sold 25 apartments on the Spit in the past five years,” said Mr Whisker.

“To get a whole building is such a rarity and this is the only time a building like this has been sold on the Spit.”

Mr Whisker said the property offered extensive opportunities for the new buyer.

“If you took the building away, what you’ve got is a 620sqm allotment on the edge of one of the best beach accesses in the country.

“We’ve had extensive international enquiries. Interstate enquiry, and the enquiry locally has been very strong, which shows a strong appreciation and true appreciation from local investors and developers.”

The current owners, a Brisbane-based family, purchased the Mooloolaba parcel of land on a whim in the 80s.

“They built the building… after having been coerced to the auction. It was 1984 and the agent who was focused on selling the old beach shack that stood there previously was a friend of my sellers,” Mr Whisker said.

“He said ‘Can you come to the Coast on Saturday? I’ve got an auction on and no registered bidders’.

“My client bought that old beach shack and then had to ring his wife and tell her.”

beachfront apartment complex at Sunshine Coast

beachfront apartment complex from Define Property Agents at Sunshine Coast

 

Article source: www.sunshinecoastnews.com.au

 

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Local News

Auction action: buyer sets apartment record in Seaview Mooloolaba, but it almost didn’t happen

Auction buyer sets apartment record in Seaview Mooloolaba

A last-minute buyer who almost missed the auction has set a new record in a Mooloolaba complex, with a $1.05 million sale.

The 1980s unit at 27/143 Mooloolaba Esplanade was the highest price paid for a two-bedroom apartment in the Seaview building.

It last sold for $668,000 in 2018.

“ It was all about the size and great position, the front features wide ocean views and from the back you can see the Glass House Mountains,” said James King, of Ray White Mooloolaba.

The spacious apartment was built in the 80s and could be renovated.

The new price not only met the vendors’ expectations but was welcomed by one existing Seaview owner who purchased a three-bedroom unit for the same price six months previously.

“That’s great news,” he commented. “What’s mine worth now?”

But Mr King said the record almost didn’t happen as the successful Brisbane bidder was late.

“The auction was just about to launch and I saw this fellow walking down the hall waving at me,” said Mr King.

“He had the time mixed up and thought he might have missed it.”

As it turned out, he just made it and was quickly signed up as a registered bidder.

The auction attracted five registered bidders and 27 bids.

Seaview apartment bedroom, Seaview Mooloolaba

The Seaview apartment only has two bedrooms but smashed through one million dollars.

No views, no parking but still sets a record

A two-bedroom unit in central Maroochydore, but without views or allocated car space, has broken a record for its complex.

Megan Murray, of Ray White Maroochydore, said the renovated apartment at 19/110 Sixth Avenue sold under the hammer for $585,000 to a Brisbane family.

Ms Murray said while higher prices had been achieved in other areas of the complex, it was a record for level two.

“This was a record breaker for that level and without ocean views” she said.

The successful bidder already owns a unit in the complex.

Street records tumble on beach streets

Old and modern beach houses are smashing street records as lifestyle buyers fight hard for the rare chance to secure a property near the water.

A 1930s Queenslander-style home in Shelly Beach, just a stone’s throw from the sand, set a record for its street, with a stunning price of $2.925 million.

The restored home on a huge block at 5B Albert Street is in one of the best locations in Shelly Beach, with direct access to sea.

The vendors made a $1.61 million profit after paying $1.315 million for the property in 2016.

With two bedrooms and three bathrooms, the house on an elevated 1,831sqm allotment is just a 70m stroll to Shelly Beach.

It features an open-plan living area, stone kitchen benchtops and European appliances and large covered deck with views to the sea.

Andrew Garland of Ray White Caloundra said the Albert Street property attracted eight registered bidders and sold to a local buyer.

Another beach house at 8 Ernest Street, Kings Beach, sold for $2.5 million (it last changed hands for $970,000 just four years ago).

The “contemporary” property with three levels and “first-class fixtures and fittings throughout” has ocean views over Shelly Beach, the Moffat Beach headland and beyond.

Mr Garland said the Ernest Street property sold to a Brisbane family and will be used as a holiday home.

Mr King said the 30-minute auction flowed smoothly.

“It started at $750,000 and went up by 50,000s then $5,000s and finally $1,000s.”

The spacious apartment was built in the 1980s and could be renovated.

“ It was all about the size and great position, the front features wide ocean views and from the back you can see the Glasshouse Mountains,” Mr King said.

The auction attracted five registered bidders and 27 bids.

Auction results

  • 402/180 ALEXANDRA PARADE, ALEXANDRA HEADLAND

UNDER NEGOTIATION

2 Bed, 2 Bath, 1 Car, Ray White

 

  • 19/110 SIXTH AVENUE, MAROOCHYDORE

SOLD UNDER THE HAMMER $585,000

2 Bed, 2 Bath, 1 Bed, Ray White

  • 205/79-83 FIRST AVENUE, MOOLOOLABA

SOLD POST AUCTION $770,000

2 Bed, 2 Bath, 1 Car, Ray White

 

  • 7 SOMERVILLE CRESCENT, SIPPY DOWNS

PASSED IN, FOR SALE OFFERS OVER $1,400,000

5 Bed, 3 Bath, 3 Car, Ray White

 

  • 27/143 MOOLOOLABA ESPLANADE, MOOLOOLABA

SOLD UNDER THE HAMMER $1,050,000

2 Bed, 2 Bath, 1 Car, Ray White

 

  • 5B ALBERT STREET, SHELLY BEACH

SOLD UNDER THE HAMMER FOR $2,925,000

2 Bed, 3 Bath, 3 Car, Ray White

 

  • 8 ERNEST STREET, KINGS BEACH

SOLD UNDER THE HAMMER FOR $2,500,000

4 Bed, 4 Bath, 4 CarRay White

 

  • 8 MARISA COURT, MOFFAT BEACH

PASSED IN  –  UNDER CONTRACT

5 Bed, 3 Bath, 4 Car,  Ray White

 

  • 25 KENNEDY PARADE, GOLDEN BEACH

PASSED IN, NOW LISTED AT OFFERS OVER $929,000

2 Bed, 1 Bath, 2 Car, Ray White

 

  • 14 GRIGOR STREET, MOFFAT BEACH

SOLD UNDER THE HAMMER FOR $1.9M

3 Bed, 1 Bath, 2 Car, Ray White

 

  • 7 FRENCH COURT, GOLDEN BEACH

SOLD UNDER THE HAMMER FOR $860,000

3 Bed, 2 Bath, 2 Car, Ray White

 

  • 1/6 ESPLANADE, BULCOCK BEACH, CALOUNDRA

PASSED IN, NOW LISTED AT OFFERS OVER $1,800,000

3 Bed, 2 Bath, 3 Car, Ray White

 

  • 62 RODERICK STREET, MOFFAT BEACH

SOLD UNDER THE HAMMER FOR $951,000

2 Bed, 1 Bath, 1 car, Ray White

 

 

Article source: www.sunshinecoastnews.com.au

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