Peregian Beach beachfront site sells

Three adjoining properties, each with four apartments, on 2606sq m, at 66 Peregian Esp, Peregian Beach, has sold prior to auction scheduled for midday on Friday, March 25. 270343_13

It was always going to be a good result as it was such a special property.

Yet three adjoining properties, each with four apartments, at 66 Peregian Esp, Peregian Beach, have sold prior to auction in a record-breaking result for the area.

The rare trifecta on Peregian Beach Esp, directly opposite the beach, was marketed as a once-in-a-generation opportunity on the eastern beaches of the Noosa Shire, and an exciting development opportunity with three adjoining lots, three street frontages and land totalling 2606sq m.

The property was to go to auction on Friday, March 25, but the strong interest saw the contract signed last Thursday.

Tracy Russell of Tom Offermann Real Estate negotiated the sale.

It had been in the Davies family for 37 years. Brothers Russell and Martin, with his wife Carol, were the sellers.

Former shearers, their father owned the property originally.

“They were such lovely vendors,’’ Tracy said. “A beautiful family.

“Martin lives locally and has managed it the whole time.

“There was a lot of interest in the property – from interstate as well as Brisbane and locally.

“The backers are from Melbourne, with local associations.

“It is remaining local and they will leave it as-is for the time being.

“The tenants have another year and that was part of the agreement.’’

For a comprehensive look at auctions in Noosa this week pick up Noosa Today on Friday.