1/4 Quamby Place, Noosa Heads QLD 4567

Waterfront rarity | 197m² on a 1,129m² lot | Pool and tennis court | Flood overlay flagged | Auction 6 June This apartment occupies a commanding position on the Noosa River with an unusually large land component for a unit, offering a footprint that rivals standalone houses in the immediate area. The 197m² internal space, combined with shared in-ground pool and tennis court facilities, creates a lifestyle package that appeals strongly to downsizers or second-home buyers seeking lock-and-leave convenience without sacrificing amenity. The property sits within a low-density complex, which limits supply and supports long-term value retention. Its primary school catchment and proximity to Sunshine Beach State School broaden the buyer pool, though the price point narrows the field to discretionary purchasers. The flood overlay is the material risk here, and it will constrain financing options and insurance premiums for the buyer. This is not a property for first-time owners or those requiring maximum leverage. For a cash buyer or someone with significant equity, the flood designation creates negotiation leverage at auction, particularly given the current 22% clearance rate in Noosa Heads. The rental yield of approximately 1.2% is below market for the area, so this should be held as a lifestyle property or a long-term capital play rather than an income-producing asset.