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Luxury Noosa Parade home sells for $20M+

A waterfront house situated in one of Noosa’s most sought-after neighbourhoods has sold for more than 10 times the price it was initially snatched up for 25 years ago.

40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate

A stunning waterfront home in a highly sought-after precinct has changed hands for about 10 times its selling price from 25 years ago.

Tom Offermann Real Estate sold the property at 40 Noosa Parade, Noosa Heads for $20.5m before it even made it to auction.

Realestate.com shows the sale was finalised on August 10.

The stunning living area. Photo: Tom Offermann Real Estate
The stunning living area. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads has great views over the Noosa River. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads has great views over the Noosa River. Photo: Tom Offermann Real Estate

Perched amongst the greats of Noosa Sound, the north-facing home boasts an enviable view of the Noosa River and surrounding bushland.

Real estate agents Nic Hunter and Tiffany Wilson stated in their promotional video the 611sq m home had a “classic Stephen Kidd design” and has been approved for holiday letting, ideal for hosting family and guests.

40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate
40 Noosa Parade, Noosa Heads. Photo: Tom Offermann Real Estate

CoreLogic property data shows the home was built in 1999 and sold that same year for $2m.

Tom Offermann Real Estate posted on their page in April the four-bedroom home was snapped up by eager buyers before it even made it to auction.

Their post stated long-term clients of the agency had spotted a media team and agents taking photos at the property from their own boat.

The buyers reacted quickly and offered a “knockout bid” for the waterfront home, securing their purchase.

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Original URL: https://www.couriermail.com.au/news/queensland/sunshine-coast/luxury-noosa-parade-home-sells-for-20m/news-story/1d7b6fa3ced599c70b1bf6a6ed09c7c9