Sunshine Beach

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The stockpicker veteran Geoff Wilson has bought a holiday home in the Sunshine Beach.

The Double Bay-based founder and executive chairman of the ASX-listed Wilson Asset Management has spent $6.5 million on one of the best street’s on Sunshine Beach.

It’s the same street Therese Rein spent a record $17 million on the home tennis legend Pat Rafter built. Karl Stefanovic spent $3.6 million on the street earlier this year, with nine sales on the street in 2020 ranging between $2.05 million and the big $17 million sale.

The home Wilson bought hadn’t traded for three decades, having last sold for $525,000 in 1990.

Set on 550 sqm, the absolute beachfront, with direct access to the sand, was described as Mediterranean in its marketing, with its plantation shutters, terracotta tiles, colonnaded entrance and slab hut gates.

The two level property has five bedrooms, including a master suite with a private balcony and an open-concept ensuite with a spa bath.

Century 21 Conolly Hay Group agents Mike Hay and Rachel Sellman secured the sale. It was listed for rent pre-Christmas at $3,200 a week, which would see Wilson net a 2.5 per cent yield.

Wilson is based in a Double Bay trophy bought for $10 million by his wife Karen Greer in 2010. He also owns a farm in Berrima.
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The Double Bay-based founder and executive chairman of the ASX-listed Wilson Asset Management has bought on one of the best street’s on Sunshine Beach.

Joel Robinson

Veteran stockpicker Geoff Wilson buys $6.5 million Sunshine Beach holiday home

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Former Prime Minister Kevin Rudd and his wife Therese Rein have emerged the $17 million buyer of the Sunshine Coast home of Queensland restaurateur David Hales and wife Louise.
The power couple will be upgrading from nearby.
The home last sold at $15.2 million when tennis legend Pat Rafter and his wife Lara quit the Sunshine Coast in early 2018.
Its latest sale come after being on the market since late last year when the home came with initial hopes of $20 million.
It had undergone a recent $1 million upgrade.
The John Burgess-designed seven bedroom home was sold by the retired tennis champion Pat Rafter and his wife Lara who moved to their 28 hectare Byron Bay retreat.
<a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-123425942" target="_blank">The Rafters always wanted $18 million plus</a> for the seven bedroom, five bathroom beachfront home which was built in 2010.
Rafter suggested it was what it had cost.
They paid $9.5 million in 2006 for the building block with rival tennis star Thomas Muster missing out of the 1286 sqm double block holding.
The minimalist luxury U-shaped home has a central pool with two glass-fronted wings pushing out towards the ocean over a steep banksia and pandanus-covered dune that drops down to the beach.
There's a path to the sand and the surf, some 136 kms north of Brisbane.
Rudd remains president of the New York-based Asia Society think tank, but the purchase has been advise as part of a move to repatriate capital to Australia.
Rein's wealth derives from employment services company Ingeus, which she sold in a deal worth up to $US206 million ($298 million) in 2014.
"We’ve made a conscious decision to bring our investments home to Australia," Ms Rein told the mainstream press.
"While Kevin was in office, we had to invest overseas to avoid conflicts of interest. We’ve now mostly brought those investments back home to Australia."
 
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Pat Rafter's former luxury trophy home resold at Sunshine Beach for $17 million to Kevin Rudd and Therese Rein

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Queensland restaurateur David Hales and wife Louise have secured $17 million for their house on Queensland's Sunshine Beach.
The couple made headlines when they paid $15.2 million for the Sunshine Coast home of tennis legend Pat Rafter in early 2018.
Its latest sale come after being on the market since late last year when the home came with initial hopes of $20 million.
Karen Harman of Dowling Neylan advised during the marketing it had undergone a $1 million upgrade.
The John Burgess-designed seven bedroom home was sold by the retired tennis champion Pat Rafter and his wife Lara who moved to their 28 hectare Byron Bay retreat.
<a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-123425942" target="_blank">The Rafters always wanted $18 million plus</a> for the seven bedroom, five bathroom beachfront home which was built in 2010.
Rafter suggested it was what it had cost.
They paid $9.5 million in 2006 for the building block with rival tennis star Thomas Muster missing out of the 1286 sqm double block holding.
The minimalist luxury U-shaped home has a central pool with two glass-fronted wings pushing out towards the ocean over a steep banksia and pandanus-covered dune that drops down to the beach.
There's a path to the sand and the surf, some 136 kms north of Brisbane.
 
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Pat Rafter's former luxury trophy home resold at Sunshine Beach for $17 million

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Having sold to the former Prime Minister Kevin Rudd and his wife Therese Rein, Queensland restaurateur David Hales and wife Louise have bought back big time into the Noosa market.
They scored $17 million on the Sunshine Coast (photo above) and instead recently bought two neighbouring properties on Noosa Sound's exclusive Mossman Court.
They paid $5 million and $7.25 million, taking their Noosa River holding to over 1,300 sqm.
The dearer of the homes was inspired by Ralph Lauren's Caribbean holiday home.
The couple still own 19 hectares on Lake Macdonald, in the Sunshine Coast hinterland.
The Hobart-born Hales, having departed last year the board of Betty's Burgers which he founded in 2014, recently acquired Tavern 42 Degrees South, a bar on the Hobart waterfront.
Meanwhile the Rudd-Rein power couple will be upgrading from nearby Castaways Beach where they have owned since paying $3.1 million in 2010.
Their new purchase last sold at $15.2 million when tennis legend Pat Rafter and his wife Lara quit the Sunshine Coast in early 2018.
The John Burgess-designed seven bedroom home was sold by the retired tennis champion Pat Rafter and his wife Lara who moved to their 28 hectare Byron Bay retreat.
The Rafters always wanted $18 million plus for the seven bedroom, five bathroom beachfront home which was built in 2010.
They paid $9.5 million in 2006 for the building block with rival tennis star Thomas Muster missing out of the 1286 sqm double block holding.
The minimalist luxury U-shaped home has a central pool with two glass-fronted wings pushing out towards the ocean over a steep banksia and pandanus-covered dune that drops down to the beach.
There's a path to the sand and the surf, some 136 kms north of Brisbane.
Rudd remains president of the New York-based Asia Society think tank, but the purchase has been advise as part of a move to repatriate capital to Australia.
Rein's wealth derives from employment services company Ingeus, which she sold in a deal worth up to $US206 million ($298 million) in 2014.
"We’ve made a conscious decision to bring our investments home to Australia," Ms Rein told the mainstream press.
"While Kevin was in office, we had to invest overseas to avoid conflicts of interest. We’ve now mostly brought those investments back home to Australia."
 
 
 
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Pat Rafter's former luxury trophy home resold at Sunshine Beach

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The retired tennis champion Pat Rafter and his wife Lara have listed their dress circle Sunshine Beach home.
It's ahead of plans to settle at their 28 hectare Byron Bay retreat.
<a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-123425942" target="_blank">They want $18 million plus</a> for the John Burgess designed seven bedroom, five bathroom beachfront home which was built in 2010.
They paid $9.5 million in 2006 with rival tennis star Thomas Muster missing out of the 1286 sqm double block holding.
The minimalist luxury U-shaped home has a central pool with two glass-fronted wings pushing out towards the ocean over a steep banksia and pandanus-covered dune that drops down to the beach.
There's a path to the sand and the surf.
Tom Offermann and Eric Seetoo at Tom Offermann Real Estate Noosa Heads have the listing which went live yesterday on realestate.com.au.
Its ambitious asking price would double the previous Sunshine Coast record which has stood since before the global financial crisis. 
It would also rank among the top half dozen Queensland residential sale if $18 million was achieved.
They've set to build on the Byron Bay outskirts.
Rafter, who reached world number one in 1999, had locals fleetingly wondering if there'd be a tennis academy - Florida style.
But it is just a family home that will sit among huge fig trees.
Having previously resided on Balmoral Slopes overlooking Sydney Heads, the sportsman's purchase marked a return to NSW property.
Since retiring, Rafter went on to become an underwear model for Bonds, a brand ambassador for the Mantra Group of hotels and a successful businessman.
In 2010 he was announced as Australia's Davis Cup captain and held the post until stepping down last year.
His greatest accomplishments came at the US Open, where he won back to back titles in 1997 and 1998, propelling him to world no.1 status in 1999.
This article was first published in the Saturday Daily Telegraph.
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Pat Rafter seeks $18 million plus on Sunshine Coast

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A five bedroom luxury beach house overlooking the ocean on the Sunshine Coast, Queensland has been listed for sale, with a price guide of $4.75 million.
The architecturally designed, two level residence known as Cloudbreak at <a href="https://www.realestate.com.au/property/9-kiamba-ct-sunshine-beach-qld-4567" target="_blank">9 Kiamba Court </a>is situated on a 807 sqm block.
Located 25 minutes to Sunshine Coast Airport, the property is located minutes to the shopping village, restaurants and beaches of Sunshine Beach, and close to Noosa.
It offers a master suite with ocean views, retreat, private balcony, modern ensuite and dressing room.
Buyers can also enjoy open plan living areas, a gourmet kitchen with Miele appliances, built in cold room,  and high tech gadgets including a 360 degree rotating view television.
Designer touches include travertine tiling throughout, high set ceilings and wall to wall glass doors.
Outdoors includes a pool terrace, covered vegetable patch, multiple storage areas, 4 car garaging, gardens and water tanks.  
The property was last sold in 2013 for $4.1 million. 
Cloudbreak is represented through Tom Offermann Real Estate by agent Jesse Stowers.
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Sunshine Beach luxury home listed

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Mooloolaba-based Jetts Fitness co-founder Brendon Levenson has paid $4,975,000 for a Sunshine Beach home.
The <a href="https://www.realestate.com.au/sold/property-house-qld-sunshine+beach-124074142" target="_blank">Tim Ditchfield designed home</a> has six bedrooms and five bathrooms.
The outdoor entertaining area features a covered terrace, an outdoor kitchen, grassed yard with cubby house and a solar heated swimming pool with water feature.
Century 21 Conolly Hay Group Mike Hay sold the home after 180 days.
Levenson, who sold the business last year, started Jetts in 2007 after qualifying as a personal trainer and opening a gym on the Sunshine Coast with his wife Cristy.
There are now over 250 locations across Australia and New Zealand.
This article first appeared in The Weekend Australian Mansion Australia section.
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Jetts Fitness co-founder Brendon Levenson buys Sunshine Beach home

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Cloudbreak at Sunshine Beach has been listed for $4.75 million.
Set at the hilltop at the northern end of the beach in <a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-125266494" target="_blank">Kiamba Court, Cloudbreak</a> spans 650 sqm of internal space and features an impressive poolside terrace.
It last traded in 2013 when former deputy chairman of RM Williams Matt Cowley paid $4,125,000.
The smart phone controlled home has walls of glass doors that open to a number of terraces over its two levels.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/19/CLOUDBREAK2.jpg" alt="">
The master suite, one of five bedrooms, occupies the top floor, with a walk in wardrobe and its own outdoor terrace.
It has been described as a modern day castle by Tom Offermann agent Jesse Stowers.
Cowley is moving to Sydney permanently having recently spent $5.33 million on a Mosman home.
 
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Cloudbreak at Sunshine Beach listed for $4.75 million

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The Sunshine Coast home of the tennis legend Pat Rafter and wife Lara has gone under contract.
Their John Burgess-designed seven bedroom home finally attracted renewed buying attention in the wake of two $10 million sales.
The retired tennis champion Pat Rafter and his wife Lara had listed their dress circle Sunshine Beach home in August 2016 ahead of plans to settle at their 28 hectare Byron Bay retreat.
<a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-123425942" target="_blank">They always wanted $18 million plus</a> for the seven bedroom, five bathroom beachfront home which was built in 2010.
Rafter recently suggested it was what it had cost.
They paid $9.5 million in 2006 for the building block with rival tennis star Thomas Muster missing out of the 1286 sqm double block holding.
The minimalist luxury U-shaped home has a central pool with two glass-fronted wings pushing out towards the ocean over a steep banksia and pandanus-covered dune that drops down to the beach.
There's a path to the sand and the surf, some 136 kms north of Brisbane.
Tom Offermann and Eric Seetoo at Tom Offermann Real Estate Noosa Heads had the listing which went under offer late last week.
Its ambitious asking price would almost double the previous Sunshine Coast record which stands at around $10.3 million. 
It would also rank among the all-time top half dozen Queensland residential sales.
They've built a barn style home on the Byron Bay outskirts among huge fig trees.
Having previously resided on Balmoral Slopes overlooking Sydney Heads, the sportsman's purchase marked a return to NSW property.
The father of two says there's "something to do every day" at the Byron property.
Since retiring, Rafter went on to become an underwear model for Bonds, a brand ambassador for the Mantra Group of hotels and a successful businessman.
In 2010 he was announced as Australia's Davis Cup captain and held the post until stepping down last year.
His greatest accomplishments came at the US Open, where he won back to back titles in 1997 and 1998, propelling him to world no.1 status in 1999.
This article was first published in the Sunday Telegraph.
 
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Strong offer for Pat Rafter's Sunshine Beach home

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The Sunshine Coast has seen its residential house price record broken twice in the last two weeks, with two beachfront properties fetching eye-watering figures for the locality.
First the <a href="https://www.urban.com.au/news/67965-byron-bay-pat-rafter" target="_blank">Seaview Terrace home</a> of Byron Bay-bound tennis champion Pat Rafter sold after having consistent $18 million hopes since its initial listing last August.
The John Burgess designed seven bedroom, five bathroom beachfront home was built in 2010 after Rafter paid $9.5 million in 2006.
Tom Offermann Real Estate agency, who sold the Rafter home, have just found a buyer for an absolute beachfront home nearby on Webb Road, which had $22 million price hopes (above and below)
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/20/webb2.jpg" alt="">
Only first listed eight weeks ago, the home on a sprawling 3,595 sqm has been completely transformed since it traded as Brinbara in 2013.
A back-to-bare renovation by multi-award winning international designer David Hicks has seen the design give a nostalgic nod to the Italian Riviera, with a wealth of terrazzo and ribbed lacquered timber. 
Much like a hotel, the atrium with staircase and chandelier take centre stage. There's domestic and commercial size kitchens and six ensuited bedrooms.
The hotel amenities continue throughout the grounds, with a tennis court and cabana, glass-fronted pool and a self-contained guest cottage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/20/webb3.jpg" alt="">
The home has a 44 metre beach frontage plus bounded on another side by a nature reserve.
Nic Hunter, the agent handling the marketing, said a beachhouse in the front row with nothing but the sea in front is the ultimate prize.
He sold the home with Tom Offermann, who sold the home over three decades ago.
“I’ve sold this property three times,” Offermann said.
“In 1987 it was owned by a Londoner, an industrial chemist, who used the modest timber house for his annual holidays.
"He wanted $1m, later confessing he thought he’d set me an impossible challenge, especially as it was my first year in business.
"But he was surprised to say the least when I returned with a contract. He signed it and poured a celebratory beer glass full of Scotch whisky.  I’m not sure if it was the elation of the epic sale or the Scotch, but I remember feeling like I was walking on air as I left his house, contract in hand.
“The sale made news as the first Sunshine Coast property to hit the magic million mark and is still making headlines today, 31 years later. That’s understandable given Webb Road is very sought-after with four-only beachfront properties.”
The Rafter home, also sold by the Tom Offermann agency, was built in a U-shape with a central pool and two glass-fronted wings pushing out towards the ocean.
There's a path to the sand and the surf.
 
 
 
 
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