It’s one of Noosa’s special hidden locations. That’s the way locals refer to the quiet, 600-metre strip of the Noosa riverside that is Hilton Esplanade.
Properties along here can enjoy spectacular river views that will never to be built out, thanks to the foreshore reserve.
Naturally Hilton Esplanade at Tewantin is highly sought-after, and is being transformed with exciting new builds and renovations.
Little wonder that block of three original two-bedroom, one-bathroom riverside units at 7 Hilton Esp, is attracting attention ahead of its auction at 10am Saturday, 5 October.
Melanie Butcher and Warren Evans of Laguna Real Estate are marketing the property.
“It has been held by the same family for 45 years, who have enjoyed many years of Noosa River activities,” Melanie said.
“There is the perfect northerly aspect that offers stunning river views.’’
Mandalay comprises three charming original units that are approved as short stay holiday let, occupy or permanent rental.
“We have received a fabulous response from local buyers here in Noosa and from Brisbane, who recognise Hilton Esplanade as one of Noosa’s best kept secret locations,’’ Melanie said.
“Interstate buyers are also very active with their enquiries, along with our neighbours in New Zealand.’’
On 666sq m and solidly built, each unit offers two bedrooms, bathroom, open kitchen, dining and lounge, a carport and shared laundry.
Each has a large covered north-facing terrace.
A lot of enquiry has come from locals who already own property on Noosa Sound and Noosa Waters, Melanie said, or have owned property in Noosa.
“They recognise Hilton Esplanade as an ideal option in which to capitalise on their invest.
“This is a fantastic option … they love the location and see it as a fabulous alternative.
“Investors can see value here, especially as a holding alternative – to upgrade or continue as it is and take advantage of the location.
“Local developers are looking to capitalise on the growth already achieved, while interstate and absentee owners can see the opportunity to relocate to waterfront at a great price.
“The New Zealand interests are attracted by the lifestyle and the opportunity.”
CHECKLIST
What: Three riverside units offering six bedrooms, three bathrooms, three-car parking
Where: Units 1, 2 and 3/ 7 Hilton Esplanade, Tewantin
How much: Auction on site Saturday, 5 October, at 10am
Who: Melanie Butcher 0407 379 893 Warren Evans 0428 711 163 Laguna Real Estate
