Noosa – realestatesource https://www.realestatesource.com.au Commercial and residential property news Sun, 17 Jun 2012 12:00:48 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Noosa – realestatesource https://www.realestatesource.com.au 32 32 Seahaven Resort, Noosa Sells For $40 Million https://www.realestatesource.com.au/seahaven-resort-noosa-sells-for-40-million/ Sun, 17 Jun 2012 12:00:48 +0000 http://realestatesource.com.au/wordpress/seahaven-resort-noosa-sells-for-40-million.html BILLIONAIRE businessman John Van Leishout is understood to be paying some $40 million for the Seahaven Resort in Noosa, Queensland.

First listed for sale more than 18 months ago, and later reported as a deal that fell through, the resort at 9-21 Hastings Street includes 48 one and two bedroom apartments, 12 retail shops and a car park.

It spreads over a site of 4722 square metres – and has 100 metre frontage to the beach (pictured, right).
]]> Van Leishout has apparently been in the market for strategic assets across the retail, residential, office and hospitality sectors. He was reportedly interested in buying the Centro Surfers Paradise centre on the Gold Coast, which had price estimates of about $160 million.

Seahaven was offloaded Melbourne’s Carter Group and the Sydney based Callaghan family. The deal was reported in the AFR.

It is not known what Mr Van Leishout’s company Unison Property Group will do with the asset. It sold with a permit for a $250 million redevelopment that would have split the resort into 20 parts.

]]> Valad to Sell Sheraton Noosa Resort and Spa Complex https://www.realestatesource.com.au/valad-to-sell-sheraton-noosa-resort-and-spa-complex/ Wed, 02 Mar 2011 02:33:27 +0000 http://realestatesource.com.au/wordpress/valad-to-sell-sheraton-noosa-resort-and-spa-complex.html VALAD Property Group is expected to take a hit from the sale of its Sheraton Noosa Resort and Spa facility (right) at Noosa Heads.

Valad paid $93.6 million for the asset in 2007, but its value has fallen to about $85 million.

The unrenovated complex opened in 1989 and is on a 9946 square metre site with a private mooring facility on the Noosa River.

It includes 176 rooms, suites and villas, seven shops and five food and beverage outlets.
]]> Jones Lang LaSalle is marketing the asset for Valad, which until recently controlled the asset with Ashington.

A management buyout proposal is currently underway for Valad, by its European arm, led by chief executive Peter Hurley.

]]> Price of Land at Noosa Estate Dropped https://www.realestatesource.com.au/price-of-land-at-noosa-estate-dropped/ Sat, 30 Oct 2010 04:22:13 +0000 http://realestatesource.com.au/wordpress/price-of-land-at-noosa-estate-dropped.html RESIDENTIAL land blocks at a Noosa estate have been reduced, two years after the project was placed in receivership.

Blocks within the Beach Road estate at the $200 million Noosa North Shore project started at $1.4 million but have been reduced to $810,000.

The agent, Tom Offermann of Tom Offermann Real Estate said the revised price is expected to attract a different demographic to the area. It’s expected the move will generate another $20 million in sales for receives of the Petrac Group, Ferrier Hodgson.
]]> A 12 week stay restriction previously attached to houses in the area has also been removed, Mr Offerman told the AFR.

Noosa has been particularly negatively affected by the economic downturn, with Australian Property Monitors showing the median house value fell from $762,500 in July 2008 to $650,000 in July 2010.

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