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Court ordered public auction of beachfront land in Noosa North Shore will be auctioned in May

The legal battle between a power couple and the owner of the other half of a prized beachfront property just north of Noosa will reach its conclusion at a public auction in May.

337 Teewah Beach Rd, Noosa North Shore, in Queensland will go to public auction after a legal dispute in the Supreme Court.
337 Teewah Beach Rd, Noosa North Shore, in Queensland will go to public auction after a legal dispute in the Supreme Court.

A prized stretch of beachfront land just north of Noosa’s trendy Hasting St that has been at the centre of a celebrity legal stoush in the Queensland Supreme Court will go to public auction in May.

Described as a once-in-a-generation opportunity the 40.5ha property at 337 Teewah Beach Rd at Noosa North Shore, was the subject to a Supreme Court order and is being offered for sale by Glenn O’Kearney of GT Advisory & Consulting and Tim Elliott of Bell Legal as statutory trustees.

Sass and Bide co-founder Heidi Middleton. Picture: Tim Hunter.
Sass and Bide co-founder Heidi Middleton. Picture: Tim Hunter.

The property is half owned by Heidi Middleton, the co-founder of women’s fashion brand Sass and Bide, and her hotel developer husband Michael Malouf, with the balance owned by Jill Alexia Cameron – the former wife of federal National Party MP Ian Cameron

The Cameron family has had a part ownership of the site with two other families since the 1970s and Jill Cameron gained ownership of half of the site in 2002 after Family Court proceedings.

Malouf – who developed the multi-award-winning Calile Hotel on James St in Fortitude Valley – became interested in the site as a potential resort development a couple of years ago.

He later changed plans and the couple wanted to build a family home on the site, which is zoned for rural residential development. Property records show he bought out the other two owners in April/June 2023 in deals totalling $4.275m.

Designer Heidi Middleton and Michael Malouf, who own half of the land at 337 Teewah Beach Rd, Noosa North Shore, have forced the Cameron family to sell their share at a public auction after a ruling from the Brisbane Supreme Court.
Designer Heidi Middleton and Michael Malouf, who own half of the land at 337 Teewah Beach Rd, Noosa North Shore, have forced the Cameron family to sell their share at a public auction after a ruling from the Brisbane Supreme Court.

The Malouf-Middletons entered negotiations with Ms Cameron to buy the ­remaining half of the block. However, the property was going to auction and she withdrew the property from the auction process in the middle of 2023.

The couple took the issue to Brisbane’s Supreme Court to force a sale which was allowed by Justice Tom Sullivan earlier this year.

The property is being marketed by RWC Special Projects’ Mark Creevey and Tony Williams, in conjunction with RWC Noosa and Sunshine Coast agents Paul Butler and Paul Forrest.

Williams says it’s an opportunity for an astute buyer to “unlock the enormous potential’ of the property.

“It offers a rare combination of proximity to the lifestyle, tourism, retail, restaurant and commercial amenities associated with the Noosa area while being a secluded and beachfront location,” he says. It will be auctioned on May 10.

Sportswear stars new shop

Boom sportswear brand LSKD opens its 10th store on Saturday at the Sunshine Plaza in Maroochydore.

The 150sqm store will provide an immersive shopping experience for customers, offering exclusive products, core styles, and accessories across men’s, women’s, and unisex categories.

LSKD founder and chief executive Jason Daniel says he’s “pumped” with the Logan-based brand’s first store opening of the year.

“Having spent significant time in this area growing up racing motocross, it’s great to come back and localise with their fitness community,” he says.

The event is expected to attract hundreds of fans eager to explore the new store and access exclusive products.

“On opening day we will offer exclusive products that aren’t available online, including the local Sunshine Coast T-shirt, exclusively available at Sunshine Plaza,” Daniel says.

As part of the grand opening, and a tradition upheld at each store opening, LSKD is offering a special swap deal for their community who bring in any pair of tights or shorts.

With 600 pairs up for grabs, their community are able to swap out their old tights or shorts for a brand new LSKD pair.

LSKD founder and CEO Jason Daniel.
LSKD founder and CEO Jason Daniel.

Original URL: https://www.couriermail.com.au/business/citybeat/court-ordered-public-auction-of-beachfront-land-in-noosa-north-shore-will-be-auctioned-in-may/news-story/844b1d765ce4ce397807af994ec9c1aa