Noosa beach house sells for a record $11.2m in secret deal

first_imgThis house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m. .The sale price has come as a shock given the property, named ‘Noo-Jee’, at 5 Allambi Rise in exclusive Little Cove last sold for $5.75 million only three years ago, showing the appetite from interstate migrants for premium real estate in Queensland.The agents involved are refusing to comment on the sale, but it is understood the property was owned by a local Noosa resident with other property interests in the area. PAT RAFTER SELLS SUNSHINE BEACH HOME This house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m.More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours ago This house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m. The view from the deck at 5 Allambi Rise, Noosa Heads. The master bedroom in the house at 5 Allambi Rise, Noosa Heads.The Noosa region prestige property market is on fire, with the $18 million sale earlier this year of a beachfront mansion in Sunshine Beach smashing the residential record for the entire Sunshine Coast region. BEACH HOUSE SELLS FOR RECORD This property at 21-23 Webb Rd, Sunshine Beach, sold for a record $18m. Picture: Paul Smith.The Webb Road absolute beachfront estate is only streets away from where tennis great Pat Rafter sold his beachfront home, with the sale price recently revealed as $15.2 million.House values across the Sunshine Coast region have outperformed the rest of the state; rising 8 per cent over the year to March, while unit values rose 5.5 per cent, according to a new report from property researcher CoreLogic. The view from the master bedroom at 5 Allambi Rise, Noosa Heads. The view from the house at 5 Allambi Rise, Noosa Heads, which has sold for $11.2m.ONE of Queensland’s most idyllic celebrity holiday haunts is abuzz with news of a record property sale in ritzy Noosa Heads.A 1950s style beach house with views to die for has sold for an eyewatering $11.2 million in an offmarket deal to a cashed-up Melbourne-based buyer. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE This house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m.“If you want to be close to Hastings Street and the beach, there’s only a handful of properties to choose from.“The end game is that records will continue to be broken in Noosa because some of the best property hasn’t been released yet.” The open plan living and dining area at 5 Allambi Rise, Noosa Heads. This house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m. Inside the house at 5 Allambi Rise, Noosa Heads, has sold for $11.2m.Mr Reed recently sold a beachfront home at 312 Teewah Beach Rd, Noosa North Shore, for $10.75 million.The Allambi Rise home spans two levels, featuring four bedrooms, two bathrooms, a wet-edge pool and a large timber deck with built-in barbecue that overlooks Laguna Bay and beyond. The former home of Pat Rafter at 46 Seaview Tce, Sunshine Beach, recently sold for $15.2m.Prestige agent Adrian Reed of Dowling & Neylan Real Estate in Noosa Heads said he wasn’t too surprised by the price achieved for the Little Cove home because of the demand for property in the area from southern states and expats.“We’re not shocked because we honestly believe there’s more scope to test the limits (of the market),” Mr Reed said.last_img read more