Noosa resident sells home for 190 times what they paid for it
A buyer has swooped in on a waterfront mansion in Noosa Heads, on Queensland’s Sunshine Coast.
The property comes with a $17 million price tag and cost the vendor only $90,000 when purchased in the mid-'80s.
On the numbers, it truly is the deal of a lifetime.
The six-bedroom house at 32 Noose Parade was built in 1985 on a plum parcel of land, capturing 20-metre river frontage.
The sold price for the brick home on highly-sought after Noose Parade, on the Noosa River, has not been disclosed, but the advertising campaign called for offers over $17 million.
If the property achieved close that sum, which it is understood to have, it would be second highest sale ever in Noosa Heads, behind $19.5 million paid this year.
The Sunshine Coast and Queensland property record is $34 million paid for the stunning 17 Webb Road, Sunshine Beach, in June last year.
Listing agent for 32 Noosa Parade, Tom Offermann, said the riverside location is the "holy grail" for property seekers in Noosa Heads, and the home sold for its land value. He declined to comment on the buyer or their plans for the property.
Offermann, director of Tom Offermnan Real Estate, said Noosa Parade has immense appeal and homes often only come to market when vendors reach older age.
The listing for 32 Noosa Parade gives away very little about the condition of the house, but the few photos attached hint that it is faithful to the original design.
Image: Domain