206/61 Noosa Springs Drive, Noosa Heads QLD 4567

Large land & internal area for a unit | Fully renovated luxury villa | Quiet cul-de-sac in The Point | North-west aspect capturing light This property presents a compelling proposition based on its substantial scale and recent transformation. A 464-square-metre land holding with 343 square metres of internal living space is a rare configuration for a strata-titled residence in Noosa Springs, effectively offering a house-like footprint without the maintenance burden of a standalone dwelling. Its position at the end of a quiet cul-de-sac within The Point precinct ensures privacy, while the north-west orientation and high ceilings capitalise on natural light and breezes, enhancing liveability. The comprehensive renovation within the last nine months positions it as a modern, turnkey offering, best serving an owner-occupier seeking a low-maintenance yet spacious luxury home or a buyer targeting the premium segment of the holiday rental market where such quality and size command attention. The decision hinges on the price premium demanded for its recent renovation and scarcity value, set against a lack of disclosed comparable sales to validate the $2.75 million ask. The primary risk is overcapitalisation in a micro-location where future resale may be constrained by buyer perception of value for a strata-title property, regardless of its land size. The opportunity lies in securing a uniquely configured property that may appreciate based on its irreplaceable attributes, not just its condition. Proceed with an offer anchored by a bespoke valuation that quantifies the premium for land area within a complex, structuring settlement to allow for a strata report review, and hold as a long-term primary residence to amortise the entry cost over time.