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$35m Noosa Heads mansion set to eclipse Gina Rinehart’s Sunshine Beach record

Noosa’s most expensive house has just hit the market with a $35m price tag, and agents expect to bag a sale before Christmas.

The spectacular waterfront property at 29 Cooran Court, Noosa.
The spectacular waterfront property at 29 Cooran Court, Noosa.

Noosa’s most expensive house has just hit the market with a $35m price tag, and agents expect to bag a sale before Christmas.

The upmarket resort enclave north of Brisbane has also scored a new six-star property with plans afoot for the development of a Calile Hotel, the second outside of Brisbane.

The local council has just approved plans for a property with 157 rooms, 29 suites and four three-bedroom villas to be developed in a 2.4ha setting, adding to existing properties such as the Sofitel and Sebel on Hastings St.

Listed with Tom Offermann Real Estate the riverfront 29 Cooran Court, Noosa Heads property – which was created by one of Noosa’s favourite designers, Paul Clout – is set to eclipse the sale of 17 Webb Rd, Sunshine Beach.

That house was picked up by Gina Rinehart for $34m three years ago, while 43 Witta Circle, Noosa Heads, sold for $30m also through Tom Offermann Real Estate earlier this year after a few weeks on the market.

29 Cooran Court was designed in 2015 and subsequently won the Queensland House of the Year.
29 Cooran Court was designed in 2015 and subsequently won the Queensland House of the Year.

Meanwhile, the just listed five-bedroom 29 Cooran Court riverfront sports established gardens, a two-level stone fireplace, as well as polished timber and travertine flooring. It has been listed by the Spain-based Diane Desilets, who is selling because she is not planning to spend any more significant amounts of time in Australia.

The house has multiple indoor and outdoor entertaining areas as well as an L-shaped 11.4m by 5m jetty. All up, the property has a 48m waterfront expanse including a white-sand tidal beach, a boat ramp and purpose-built boat house with storeroom and workshop.

Upstairs, the master king suite retreat has a large dressing room, spa bath, double shower and lavish cabinetry. There’s an adjacent study as well as a lounge with fireplace and timber atrium ceiling.

An acrylic glass bridge with large round skylight connects the east and west wings to a pretty north-facing bedroom with coffered ceiling and plantation shutters. On the ground floor the king suite has a bathtub to take in the water views. The fifth bedroom could be used as a study or gym.

“Living in a stupendous residence of this calibre in a privileged location with nothing but sand and water out the front, really is the top prize,” said Tom Offermann Real Estate marketing agents Nic Hunter and principal Tom Offermann, “especially for boating, kayaking and swimming enthusiasts”.

The just listed five-bedroom 29 Cooran Court riverfront sports established gardens, a two-level stone fireplace, as well as polished timber and travertine flooring.
The just listed five-bedroom 29 Cooran Court riverfront sports established gardens, a two-level stone fireplace, as well as polished timber and travertine flooring.

The 1035sqm house, which was designed in 2015, and subsequently won the Queensland House of the Year, is positioned on a 1020sqm block. There’s also a heated swimming pool.

Mr Offermann noted that Noosa Council has placed a 500sqm limit on the size of all new houses developed regardless of the land area.

He says the top end of the Noosa market is as strong as ever: “We have just sold a beachfront property, 38 Seaview Terrace for $13.1m and we have three bidders for another property at 40 Seaview Terrace, Sunshine Beach, which has just gone on the market for auction.”

He said his Noosa buyers are mainly from Brisbane or Victoria, adding that all nine apartments in the Hastings Park Noosa unit complex at the end of the Hastings St retail strip are owned by Victorians, and he recently sold the penthouse for $12.1m to a Victorian family.

On the rental front he said holiday rentals were tracking at around the same pace as last year and properties were usually 70 per cent let during the year and 100 per cent let during the holiday season. He said houses on Noosa Parade could earn more than $400,000 a year in holiday rentals. A six-bedroom, six-bathroom property fronting 10 Noosa Parade, Noosa Heads, which is on the market through Tom Offermann Real Estate and is for sale at $24m earns around $450,000 net rental a year based on it being rented out around 60 per cent of the time.

Mr Offermann said a property at 3 Allambi Rise, Noosa Heads, which overlooks Noosa Main Beach on 885sq m, recently sold for $16.9m at auction, to a Brisbane-based buyer who plans to knock it down and build a new home on the site.

Read related topics:Gina Rinehart
Lisa Allen
Lisa AllenAssociate Editor & Editor, Mansion Australia

Lisa Allen is an Associate Editor of The Australian, and is Editor of The Weekend Australian's property magazine, Mansion Australia. Lisa has been a senior reporter in business and property with the paper since 2012. She was previously Queensland Bureau Chief for The Australian Financial Review and has written for the BRW Rich List.

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Original URL: https://www.theaustralian.com.au/business/property/35m-noosa-heads-mansion-set-to-eclipse-gina-rineharts-sunshine-beach-record/news-story/f1497fcfb2862971c78f24db5a61d734