Property tycoon’s daughter pays $16.5m for luxurious Noosa pad

This property at 22 Noosa Pde, Noosa Heads, has sold for $16.5m.

THE daughter of Brisbane property tycoon Kevin Seymour has paid $16.5m for a waterfront home in Noosa — across the road from one her father has just bought.

Leigh Seymour will move into the five-bedroom, three-bathroom home in exclusive Noosa Parade when the deal settles in August.

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Kevin Seymour and his daughter, Leigh.

It comes as her richlister father is revealed as the buyer of another waterfront home in the same street for $15.5m.

The 81-year-old told The Courier-Mail he is planning to demolish the two existing commercial and apartment buildings on the huge 1120 sqm site with a 20m water frontage, and build a “Hawaiian-inspired, resort-style home” for he and his wife, Kay.

The buyer of this property on the waterfront in Noosa Parade has been revealed as developer and richlister Kevin Seymour.

“I’ve had my eye on it for quite some time,” Mr Seymour said. “The vendors didn’t want to sell until recently.”

Mr Seymour said the house would be significant, with a caretaker’s quarters and a 10-car garage.

The huge deck on the property at 22 Noosa Parade..

“The biggest problem we’ve got at our age is we hope to live to see it completed!” he said.

Mr Seymour said his daughter planned to renovate her property, which is already in pristine condition.

“She wanted something she could move into quickly,” he said.

Kevin Seymour’s daughter, Leigh, has bought this Noosa riverfront home.

Leigh Seymour’s home features a wet-edge pool, huge deck, multiple living zones, a pool room, a media room and direct access to the Noosa river.

It was last offered for rent for $947 a night.

The view from the downstairs living area.

Both sales were negotiated by Tom Offermann of Tom Offermann Real Estate.

Mr Offermann said despite a “hesitancy” coming into the market, he was positive about the outlook for Noosa.

“Our current listing supply is less than 1 per cent of properties,” he said. “It’s normally at 3 to 4 per cent, so people do not want to let go of their properties.

Imagine watching the stand-up paddleboarders go by from your wet-edge pool.

“There’s a huge amount of equity that has been built up in people’s homes, so I predict that a a lot of people will be looking for investment properties and are just sitting on the sidelines right now.

“A lot of my very well informed clients are forming the view that this is a buying opportunity and the market will roll on well into 2024/2025.”

There’s even a pool room.

The post Property tycoon’s daughter pays $16.5m for luxurious Noosa pad appeared first on realestate.com.au.

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Property tycoon’s daughter pays $16.5m for luxurious Noosa pad

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