A rare jetty on the riverbank of one of Australia’s favourite holiday destinations is set to go under the hammer.
The 20m landing along the Noosa River foreshore is expected to be sold for more than $1 million at auction on October 1.
Lot 1 Gympie Terrace is in prime position at Peter Park, near the Noosaville Boat Ramp.
It’s one of only 14 private jetties along the stretch of river and they are rarely for sale.
“They’re a scarce commodity,” Reed and Co Estate Agents director Adrian Reed said.
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“I think people are coming to realise how valuable they are, given that the anchoring and mooring laws in the Noosa River have changed quite dramatically over the course of the last couple of years.”
The rules include a limit of 28 days of free anchoring per year.
“Outside of that, you need to be on a registered mooring or a jetty,” Mr Reed said.
“Unless you’re on a waterfront home with a jetty, these (private jetties) create a unique opportunity to still have access to the water.”
Mr Reed said this particular jetty, to be used exclusively for personal use, held certain appeal.
“It is right near the boat ramp, so you’ve got great access. It means you can stop at the jetty to unload and pick up, so it’s super convenient. It’s obviously in a great part of the river and it has some significantly upgraded infrastructure,” he said.
He said the sellers had enjoyed the jetty but were unable to make the most of it now.
“It’s been a lifestyle asset for them: they used it for a bunch of different purposes,” he said.
“They had a little weekender with a houseboat for quite a bit of time but work requirements and international travel mean they’re not really using it.
“There’s no boat on it currently, so it seems a little excessive for them now. They’ve opted to release it and let someone else enjoy it.”
Mr Reed said it was unlikely any more private jetties would be allowed to be built along the river stretch, so the existing ones were highly prized.
“I anticipate that this one will sell for over a million dollars,” he said.
“The last two sales were just below that, but that was prior to the changes to the anchoring framework.
“And it could be another decade before another one comes up, based on who owns them and what their plans are.
“It’s extremely rare that they’re released. They’re often family-held with extremely long tenures, and there are very few opportunities to buy into that asset.”
The jetty has pylons in place for up to seven boats.
