The sale of one of Noosa’s most iconic properties, 39-41 Picture Point Crescent, set a new state record when sold at auction on Saturday, October 9, for $16.45 million.
That makes it the highest figure for a residential property to have achieved under the hammer in Queensland.
Auctioneer Gordon Macdonald of The Auction Group conducted the event and was excited to be involved in the sale of this landmark Noosa property, congratulating the buyers and sellers, along with acknowledging the exceptional campaign conducted by agent Lisa Hornsby of Dowling Neylan.
Ms Hornsby said the four-week campaign attracted intense interest from local and interstate buyers from the time it hit the internet and never waned in the lead-up to the auction.
The property with panoramic views stretching from Laguna Bay and Noosa North Shore, across the river to the hinterland, was sold to a Sunshine Coast family, who were successful against seven other bidders, all present at the event.
“I knew from the time I visited this property that it was “next level’’ special,’’ Ms Hornsby said, “… tightly held by the same family for 45 years, on a huge double block on the northern side of Laguna Hill with panoramic views that have to be experienced to be fully appreciated.”
“In my 15 years as an agent, I have listed and sold many amazing properties, but I have never run a campaign that has attracted the volume and intensity of interest that this Picture Point home did.
“The level of genuine enquiry was a clear indicator that this was going to sell on auction day, and it was just a matter of how much.
“The end figure was above reserve, exceeding the owners’ expectations, and setting not only a new auction record for Noosa, but the entire state.
“This result, along with the interest in the campaign, demonstrates just how strong the Noosa property market is, with levels of capital growth that are exponential.”
The split level home comprises a formal entry foyer, four bedrooms, study/reading room off the main, two modern bathrooms plus powder room, open plan living, covered wrap-around deck to catch the views and breezes.
There is an oversized in-ground pool with shower/toilet room and pergola plus a double lock up garage providing four-car tandem parking.
Dowling Neylan, a boutique agency, established in the Noosa region for more than 40 years, has consistently performed well across all market conditions.
However, director Dan Neylan said the past 12 months have been the most buoyant ever, with no sign of abating, and a testament to the confidence buyers have in Noosa as not only a desirable lifestyle and holiday destination, but also a strategic place to invest and grow any property portfolio.
“Everyone wants a slice of Noosa, and why wouldn’t they?’’ Mr Neylan said.
“We have it all here – glorious weather, lifestyle, natural beauty, community, stunning beaches, and world-class dining.
“The love affair with Noosa never abates, it continues to strengthen, and the future could not look brighter.”