A large riverside estate has been snapped up for $7.5 million amid renewed interest in prestige waterfront properties on the Sunshine Coast.
No.112 Mooloolah Drive, in the plum suburb of Minyama, features five bedrooms, three bathrooms and three car spaces.
Elite Lifestyle Properties real estate agent Jordan Lund said the 1150sqm home was prized because of its location, with stunning views and easy access to the Mooloolah River and Pacific Ocean.
“The property has 32m of water frontage so there’s space for a substantial vessel: up to a 70m yacht,” he said.
“You can go straight out on to the water and be in the ocean within a few minutes.”
While properties at nearby Minyama Island and Mooloolah Island are renowned for their grandeur and river access, Mr Lund said Mooloolah Drive also had plenty of appeal.
Multiple sales of more than $7 million have occurred along the 1.6km strip.
“It’s pretty good money, but it’s deserving of that,” Mr Lund said.
“Because of the water access and the aspect as well: there is such a long, broad outlook.
“You can see beautiful sunsets in the afternoon and you’re protected from the south-easterly winds.
“It’s one of those key positions. There’s only so many of them on the Sunshine Coast.”
The property listing stated that the street is “internationally renowned for showcasing the ultimate in deep waterfront living in the (Queensland) south-east corner”.
Mr Lund said waterfront homes in the area were attracting more attention.
“There’s some great properties coming on to the market,” he said. “And there’s some key properties starting to sell.”
“We had a bit of a lull for about 12 months where there wasn’t a lot of movement but it looks like buyers are definitely starting to come to the area, looking for prestige sales again.”
No.112 was designed by Trevor Reitsma and built by David Earl.
“It was one of Trevor’s first designs in early 2000,” Mr Lund said.
“And David has done some substantial builds in the area, along Mooloolah Drive and on the islands.”
He said the residence would likely be upgraded.
“It’s really well built but it’s a 22-year-old home so the owners will do some refurbishments.
“But they were after a key spot and that’s exactly what they got.”
Auction results
31 Pelican Waters Boulevard, Pelican Waters
- Sold under the hammer for $2.73m
- 5 Bed, 2 Bath, 3 Car
- Ray White, Andrew Garland and Marcus Lane
30 Kingsford Smith Parade, Moffat Beach
- Sold under the hammer for $2.7m
- 3 Bed, 2 Bath
- Ray White, Andrew Garland and Marcus Lane
15 Victora Terrace, Shelly Beach
- Sold under the hammer for $5.6m
- 5 Bed, 2 Bath, 2 Car
- Ray White, Andrew Garland and Marcus Lane
12 Ocean View Avenue, Mooloolaba
- Passed in at $2m
- 5 Bed, 2 Bath, 2 Car, Pool
- Ray White, Brent Higgins
11 Richmond Place, Minyama
- Sold under the hammer for $1.35m
- 4 Bed, 2 Bath, 2 Car, Pool
- Ray White, Will Van den Dungen
39 Skyline Circuit, Palmwoods
- Passed in, contact agent
- 4 Bed, 2 Bath, 2 Car
- Ray White, Chevonne Rees and Sarah Donahoe
4/3 Quondong Street, Mooloolaba
- Sold under the hammer for $740,000
- 3 Bed, 2 Bath, 1 Car
- Ray White, Will Van den Dungen
4 Garema Court, Mountain Creek
- Sold under the hammer for $1.555m
- 6 Bed, 3 Bath, 2 Bath, Pool
- Ray White, Jason Mills
9/99 Birtinya Boulevard, Birtinya
- Sold prior for $485,000
- 1 Bed, 1 Bath, 1 Car
- Ray White, Dan McNamara and Ryan Cramer
5 St Helena Street, Maroochydore
- Passed in at $925,000
- 4 Bed, 2 Bath, 2 Car
- Ray White, Jason Mills
2C/135 Parkyn Parade, Mooloolaba
- Sold under the hammer for $895,000
- 2 Bed, 2 Bath, 1 Car
- Ray White, Steven Allen
24 Pretella Street, Wurtulla
- Passed in at $1.05m
- 3 Bed, 1 Bath, 2 Car
- Ray White, Ryan Cramer
5 Wickerson Crescent, Bli Bli
- Sold under the hammer for $1.01m
- 4 Bed, 3 Bath, 3 Car
- Ray White, Greg Turnbull
9 Switchfoot Street, Bokarina
- Passed in, now on the market for offers over $1.4m
- 4 Bed, 2 Bath, 2 Car, Pool
- Fletcher Riley, Alan Riley and Rebecca Fletcher
52 Ocean View Avenue, Mooloolaba
- Sold under the hammer for $1.405m
- 3 Bed, 2 Bath, 2 Car
- Define Property Agents, Ross Cattle and Katie Davies
73 Goonawarra Drive, Mooloolaba
- Sold under the hammer for $1.34m
- 3 Bed, 1 Bath, 3 Car
- Define Property Agents, Jordan Barden and Molly Whiting
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