Restaurant entrepreneur's secure Pat Rafter's Sunshine Coast home
The record-breaking Sunshine Coast, Noosa price secured by the former world number one tennis player Pat Rafter and wife Lara has emerged as $15.2 million on its recent settlement.
It's been bought by Queensland restaurant entrepreneurs David and Louise Hales, who were originally from Tasmania.
Hales was the co-founder of the Betty’s Burgers & Concrete Co, which he established on Noosa’s Hastings Street in 2014 and then expanded to nine outlets.
Rafter, a former world number one tennis player and wife Lara, waited two years to sell the impressive John Burgess-designed beachfront home having relocated to just outside the northern NSW township of Byron Bay.
The Rafter's now live at a 38 hectare Broken Head estate that cost $1.35 million in 2015 on which they built a barn like home amid heritage fig trees.
Tom Offermann agents Tom Offermann and Eric Seetoo were marketing the Rafter property at $18 million.
The Seaview Terrace property covers two oceanfront blocks of land so Offermann says the sale price was not exorbitant given each oceanfront block is worth at least $5.5 million.
The now disclosed $15.2 million sale was the Sunshine Coast record for just a couple of weeks before another impressive beachfront home fetched $18 million.
It was the Webb Road home of IT entrepreneur Danny Wallis which sold to Singapore-based David Russell, co-founder of a private equity group Equis Energy, which had been listed with $22 million hopes.
Sydney identities Anthony Bell and Kelly Landry set the ball running on the recent record prices when they paid $10.3 million for their Noosa waterfront home.
Set on Hideaway Island on Noosa Sound, it spans over 800 sqm of living space.
It comes with 45 metres of water frontage which features a private sandy beach, two jetty's and a boat ramp.
The property had an $11.9 million price guide.
Not withstanding his commercial arrangements since retirement, the Courier Mail noted the sale proceeds outdid his career prize money, which spanned between 1991 and 2002.
This article was first published in the Sunday Telegraph.
