Brisbane-based builder-developer <a href="https://www.apartments.com.au/developers/bpg-developments">BPG Developments</a> has secured approval for its $250 million Newstead apartment tower.

The building, at <a href="https://www.apartments.com.au/new-apartments/16-22-maud-street-newstead-qld-4006">16-22 Maud Street</a>, will have 103 apartments across the 15-level building which will be crowned with a rooftop wellness facilities.

Residents will range from expansive two-bedroom residences, through to several penthouses on level 15. There will be 1,380 sqm&nbsp;dedicated to wellness-inspired amenities including shaded outdoor dining nooks, a fire pit, barbecue area, sunset lounge, gym, yoga deck, magnesium lap pool, sun deck, a sauna, steam room, and cold plunge pool.

BPG put together the 2,430 sqm super-site combines three separate titles – a vacant warehouse, an electrical &nbsp;wholesaler and an industrial shed, which were acquired in two separate transactions over a 12 month period. &nbsp;

<img alt="BPG Developments secures development approval for $250 million Newstead project" data-entity-type="file" data-entity-uuid="d007d4fb-9c44-4e54-b79e-50b68711ebbd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Final%2012_Podium%20Plaza%20View_r.jpg?VersionId=w6zql5hPjAp3j1..ZTCaYLzN65Ora8Z2" />

BPG was founded by industry veterans Nick Parr and Glen Williams. Parr said the project feels like a "coming home of sorts" for the pair, as they've both spent&nbsp;both spent the majority of their lives living in Brisbane's inner north. &nbsp;

“I lived just up the road in Teneriffe for most of my childhood," Parr said.

"We saw this site as an opportunity to deliver a timeless project in arguably Brisbane’s most popular suburb, where &nbsp;the standard for luxury design and amenities is incredibly high."

Parr believes Brisbane is in a bit of a "sweet spot" currently, in that&nbsp;construction prices have stabilised and demand has continued to climb which means the market is tightening up.&nbsp;

“The Brisbane market is unique in that there is no shortage of sites with existing development approvals, the issue is around the availability of builders who can deliver such projects. We are one of the few builder-developers who can build our own projects at scale &nbsp;so we are able to move quickly into delivery mode which gives confidence to our purchasers.” &nbsp;

Williams said they are proud of the project both&nbsp;in the sense of the significance of the site, but also in the quality and timelessness of the design. &nbsp;

“At BPG Projects we are conscious to prioritise quality over volume, so we tend to &nbsp;approach one project at a time," Williams said.

“For us we are motivated by creating a lasting legacy in our projects, so working with Plus &nbsp;Architecture to realise this vision has been a rewarding journey.” &nbsp;

BPG has appointed MOTIV to handle the sales and marketing of the new tower, which is expected to launch early next year. MOTIV Founder Carly Cottam said the project epitomises everything Newstead is about.

"Newstead is a huge success story in the revitalisation of Brisbane, and as a result it’s now one of the most popular inner suburbs, characterised by its exceptional urban design and wellness-driven lifestyle," Cottam said.

“We know this market values flexibility in floorplates, abundant storage and really liveable &nbsp;kitchens and interiors. That’s why designing an entire building around the owner occupier market with 100 &nbsp;percent of the floorplates representing two or three-bedroom residences mean this project is primed to appeal to the right audience.” &nbsp;

BPG completed Sable Palm Beach on the Gold Coast in 2019, and has plans for more developments in the suburb, as part of their $500 million development pipeline.

Joel Robinson

BPG Developments secures development approval for $250 million Newstead project

With three projects currently in market in Elizabeth Bay and Mosman, two of which are under construction and completing next year, apartment developer Toohey Miller is expanding its new development pipeline across Sydney.

<a href="https://www.apartments.com.au/developers/toohey-miller">Toohey Miller</a>, led by Nick Couloumbis, has filed plans for <a href="https://www.apartments.com.au/new-apartments/oxford160-160-oxford-street-paddington-nsw-2021">Oxford160</a>, 44 new apartments across a nine-storey building on Oxford Street in Paddington. It will have 12 apartment designated as affordable housing as per the Housing SEPP 2021 mid-rise reforms which trigger increased height limits, and street-level retail spaces.

The vision for the project is to create a "welcoming and family-friendly place to live with a mix of quality and affordable homes to support the Paddington community at different life stages."

Designs prepared by Smart Design Studio outline a contemporary, articulated streetwall along Oxford Street, stepping back at the upper levels to mitigate bulk and improve visual integration with the local character. A new laneway will improve pedestrian connectivity to Shadforth Street, while communal open spaces are integrated at both ground and rooftop levels.

<img alt="Oxford160" data-entity-type="file" data-entity-uuid="0d6e77ed-8c25-4c52-a82d-dd076c66c777" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-01%20at%209.52.46%E2%80%AFAM.png?VersionId=hjYcxIWIDOn7JWeom6RzIz7MWc1VG6HF" />

According to the Urban Design Supporting Letter prepared by architect and urban designer Matthew Pullinger, the new scheme “represents a contextually sensitive, responsive and high quality renewal of the site and the broader urban landscape”.

Pullinger said there are a range of benefits to the project, namely its contribution to the renewal of "this part of Oxford Street as a distinctive higher density urban high street and a defining element of greater Sydney’s urban character, thereby enhancing the vitality and liveability of this important street."

The new building will replace&nbsp;a dated 1960s-era apartment block which has 27 studio apartments.&nbsp;Design documents note that the current structure detracts from the character of Oxford Street, with the proposal seeking to restore and enhance the continuity of active shopfronts along the northern edge of the street.

The last project to launch on Oxford Street sold out immediately. It was fashion legend Robby Ingham's The Cambrian, which sold all of its 15 apartments in the first five hours of its weekend launch in 2023 through Ben Stewart.

Toohey Miller plans rare new apartment development on Oxford Street, Paddington 

<a href="https://www.apartments.com.au/developers/geocon-group">Geocon</a>&nbsp;is advancing its plans for its new&nbsp;mixed-use precinct in Braddon, updated the designs for the prominent site at the intersection of Northbourne and Wakefield Avenues.

The Canberra-based developer is proposing 558 apartments and seven commercial tenancies across four buildings under a staged application first lodged in 2023. The project also includes four levels of basement parking, communal spaces, pedestrian links, and landscaping enhancements.

While the development’s scale remains consistent, the current amendment introduces extensive changes to apartment layouts, building envelopes, façade articulation, and basement design.

According to the Design Statement by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, these adjustments were driven by two core objectives: “enhancing apartment and common area amenity” and “ensuring acknowledgement of the housing design guidelines, entity advice, and planning expectations, while retaining the integrity of the original architectural concept”.

<img alt="Northbourne and Wakefield Avenues" data-entity-type="file" data-entity-uuid="066194ad-d73f-49b7-8e39-09e20690a7ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202.png?VersionId=I7eLnim8erdwd2Yu1N5sIcLSndeOK_TC" />

The revised apartment mix has been rebalanced to increase diversity and affordability, including a broader range of unit sizes and a higher proportion of three-bedroom dwellings. The updated design also removes problematic layouts, such as “snorkel” bedrooms and internalised studies, to improve liveability and natural light access.

Cox Architecture noted that “studios and smaller one-beds provide entry-level housing and broaden affordability,” while the number of family-sized three-bed apartments has been increased “in direct response to market demand and policy objectives”.

The circulation spaces within the towers have been redesigned to improve wayfinding and daylight penetration, while the ground floor layout has been reworked to create clearer and more visible entry points, particularly from Northbourne Avenue.

Refinements to the building’s massing and façades have also been introduced in response to planning feedback, with additional breaks and articulation to reduce perceived bulk. “Rooftop plant and lift overruns have been integrated and screened, resolving visibility concerns,” COX stated.

Basement levels have been consolidated and made more efficient, with improvements to bike and storage facilities.

<img alt="Northbourne and Wakefield Avenues" data-entity-type="file" data-entity-uuid="a1ab9357-707d-46fd-95d7-d6e09c70f20b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%203.png?VersionId=crDXvrmDsGqFGcb_p6NSUlsr0vYsRacq" />

The precinct’s pedestrian connections have been clarified, and the public realm has been restructured to improve permeability and align with the broader Northbourne corridor urban design framework. Landscaping updates include increased deep soil zones and rooftop communal areas, with tree management to be addressed separately.

Geocon acquired the 10,633 sqm site earlier in 2023 following approval of a prior build-to-rent scheme by Evri Group. The existing nine-storey commercial building was demolished in 2022.

The current proposal, designed by Cox Architecture, is positioned as a key contributor to the ACT Government’s urban renewal vision for Northbourne Avenue, an established transport and development spine served by light rail and major arterial roads.

First look: Geocon refines plans for four-tower precinct on Braddon's Northbourne Avenue

The booming Bilinga beachfront is set for another luxury apartment development, with plans filed for KYRR, an 11-level block on the dress circle Pacific Parade.

<a href="https://www.apartments.com.au/new-apartments/kyrr-70-pacific-parade-bilinga-qld-4225">KYRR</a>, on the corner of Pacific Parade and Archer Street, will comprise 24 apartment on its prime 1,009 sqm site. There had previously been plans for a much more boutique seven-storey, five-unit scheme.

Plans have been pitched by CHM Living, an entity associated with James Quinert, the founder of Norwood Constructions which is based in Melbourne.

<img alt="70 Pacific Parade and 1 Archer Street" data-entity-type="file" data-entity-uuid="2f6159ee-3511-4b16-b9fa-ae8c008b8faf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_5.png?VersionId=4n2YaBQdjXcshUAkxX8ei9X5N0v2AWqB" />

Designed by <a href="https://www.apartments.com.au/architects/byculprit">ByCulprit Architects</a>, the project includes a sculptural façade with soft curves and natural finishes, inspired by the rhythm and calm of the nearby Pacific Ocean.

According to the Town Planning Report by Town Planning Alliance, the project aspires to reflect the intent of the Medium Density Residential zone, aiming to "contribute to the city’s iconic skyline along the coastal spine" with a high degree of architectural modulation and landscaping that softens the built form.

There will be 22 large-scale three-bedroom apartments and two five-bedroom penthouses. The wellness amenities, including a gym, steam room, sauna, pool, golf simulator, and cold plunge, will sit on level one.

Kyrr will follow in the footsteps of <a href="https://www.apartments.com.au/buildings/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a> in Bilinga by SIERA, which is all but sold out with just one of its luxury 19 apartments left to sell. The building set suburb records, with the penthouses both selling for over $8 million. Down the road is Bilinga House, which has a wider mix of configurations and price points starting from just over $1.2 million.

First look: Bilinga beachfront set for new luxury apartment development, KYRR

<a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a> has received development approval for Archer &amp; Albert, a 32-storey, mixed-use residential development in the heart of Chatswood.

Located at 57–61 Archer Street and 34 Albert Avenue, <a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> will deliver 150 new homes, including affordable housing, alongside ground-floor and podium retail, commercial space, a heritage house activated as a café, additional ground-level activation, and a landscaped publicly accessible park designed for community use.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> is one of the few large-scale residential developments in the heart of Chatswood City to progress through a council-led architectural design competition and secure development approval, positioning it at the forefront of design led housing.&nbsp;

<img alt="Archer" data-entity-type="file" data-entity-uuid="33cb754a-1493-4203-bd16-096d320597f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C03_EXT_StreetScape_ID1.jpg?VersionId=oLUPFVAMxuRUTH1Bwki16R48cEo.vLeB" />

Designed by global architecture practice <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, long-term collaborators of the Coronation team, the project draws inspiration from the Sydney Blue Gum High Forest and the leafy character of the South Chatswood Heritage Conservation Area. The design integrates a restored heritage-listed home and establishes a landscaped connection between Chatswood’s urban centre and its surrounding residential neighbourhoods.&nbsp;

“This is an important project for us and our first entry into the North Shore,” said Joe Nahas, Managing Director of &nbsp;Coronation Property.&nbsp;

“We are deliberate about where we invest and build, <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a> stands out because the fundamentals are already strong. Transport, employment, education, retail and health are all in place. Archer &amp; Albert is about adding new housing into a centre that already works and building on what exists.”&nbsp;

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="620fcd78-00be-489b-823a-ca353387b91b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C04_EXT_PARK_HA_ID2.jpg?VersionId=NxSl04Zl1rzt94xlXNA6CNzSR9XMyLgP" />

Aras Labutis, Head of Urban Transformation at <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>, said the project reflects a disciplined, collaborative approach to city shaping.&nbsp;

“Chatswood sits at an important junction between high-density commercial activity and established residential &nbsp;neighbourhoods," Labutis said.

"Our focus for Archer &amp; Albert was to manage that transition carefully, respecting what’s already there &nbsp;while contributing something new that feels deliberate and enduring."

The approved scheme delivers:&nbsp;

<ul>
	<li>A 32-storey mixed-use tower comprising 150 homes, including 41 affordable housing dwellings • 530sqm of ground-floor retail, dining and commercial offerings&nbsp;</li>
	<li>A 760sqm wellness tenancy integrated within the podium&nbsp;</li>
	<li>A restored heritage building, thoughtfully reimagined as a café overlooking the park&nbsp;</li>
	<li>A landscaped public park, designed as a calm green retreat in the heart of Chatswood&nbsp;</li>
	<li>Resident amenities include a premium gym, golf simulator, mahjong room, dedicated wellness areas, private &nbsp;dining facilities and a curated wine room&nbsp;</li>
	<li>Deep private balconies designed to capture outlooks and northern light&nbsp;</li>
	<li>A refined material palette of natural stone, timber and terracotta&nbsp;</li>
</ul>

[smartcode_project_cta:default project_id=29796]

Coronation receives green light for Archer & Albert apartments in Chatswood

Riverfront

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Moyne River Cottage at Point Fairy has been listed for sale for the first time for two decades.
The<a href="https://www.realestate.com.au/property-house-vic-port+fairy-127249614" target="_blank"> Gipps Street home</a> with traditional charm is set among other historical homes in the sought after river precinct.
Built in the early 1850s, the property has been restored behind the classic weatherboard facade. 
It has three bedrooms and two bathrooms.
A terraced garden leads down a large waterside landing.
It has $1.55 million to $1.65 million price guidance through Robertson Port Fairy agents Paul Ross and Di MacKirdy.
Moyne River Cottage last traded for $245,000 in 1998.
The comparable street sales sheet cite a home nearby which sold for $1.6 million at the start of 2017.
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j.ballantyne1990-6AQqhLzZaK

Port Fairy's 1850s Moyne River Cottage listed for sale

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Peter Higgins, the entrepreneurial mortgage broker and his wife Rebecca, have sold a small part of their Richmond Lowlands polo estate.
The sale was finalised just before the World Polo Championships, which kicked off on the weekend  at spectacular riverfront location.
There's speculation the UK Royals could turn up as Higgins, has remained in touch since he played polo with the princes in the UK.
Teams from Argentina, United Kingdom, New Zealand, India, Chile and Spain, and Australia will be competing.
The recently sold home, dubbed <a href="https://www.realestate.com.au/property/7-ridges-lane-richmond-lowlands-nsw-2753" target="_blank">Hawkesbury House</a>, has been bought by champion polo player Hugh Parry-Okeden and his wife, Gendy, who are returning to the riverfront lane after about a decade's absence. 
They paid $4.3 million for the 12.3 hectare estate.
Given the timber master craftsman Parry-Okeden established the hardwood building company, Giddiup and his wife, Gendy was co-founder of Hickory Hill Home, the sleepwear and lifestyle brand,gthey no doubt they will makeover the five bedroom homestead.
It looks over the park-like surroundings and grazing paddocks which come with an Argentinian inspired stable block of eight. 
Higgins, who started playing polo in the early 1990s, starred 12 years ago on the entrepreneurial television investment show Dragons Den.
Higgins, a co-founder of Mortgage Choice, began to buy in the Windsor district in 2002, consolidating arounds 50 hectares of alluvial land overlooking the Hawkesbury River during the following six years.
In 2010 he was seeking $20 million for much of the estate when it was offered by veteran agent Bill Bridges in conjunction with Ryan Watsford.
He subsequently endeavoured to hold weddings on the expansive holding but in 2015 Hawkesbury City Council were taken to court by the nearby Marshall Rural Pty Ltd, aka as Kurri Burri Polo Club. 
The country estate with polo fields at the base of the Blue Mountains were featured in the opening scenes of Australian made blockbuster, The Great Gatsby.
No doubt holding of the world championship on the estate would enhance its cache among Chinese trophy estate acquirers. 
Cutcliffe Properties agent Paul Cutliffe sold Hawkesbury House which spent nearly 300 days on the market.
The Parry-Okedens had recently sold their heritage-listed home Ukamurra at Cattai on the Hawkesbury River.
The sandstone home, which was bought for $1.5 million run down in 2008, fetched $7.3 million last year when sold to a company headed up by a syndicate of Chinese buyers.
This article first appeared in The Daily Telegraph.
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jchancellor-FAypfDUnLy

Polo offering in Richmond Lowlands sold by Peter Higgins

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Spencer and Brooke Lambert, owners of commercial kitchen design and fit-out company Lamberts, have listed their Brisbane riverfront property.
It is a contemporary family home with pool, jet-ski landing and deep water pontoon at Yeronga.
More than $2.5 million is expected for the <a href="https://www.realestate.com.au/property/39-instow-st-yeronga-qld-4104" target="_blank">39 Instow Street, Yeronga</a> house that showcases a mix of polished and raw timber, polished concrete, stone and glass to take advantage of the views over the Brisbane River and Indooroopilly Golf Course. 
Sarah Hackett of Place Estate Agents Bulimia has the listing.
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Brisbane riverfront trophy listed

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A Toorak riverfront home has been sold just two and a half weeks after hitting the market, for a figure close to its asking price.
Marshall White Armadale selling agent Justin Long secured the sale of <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-124683646" target="_blank">106 St Georges Road</a> at an undisclosed, but it’s understood to be in the vicinity of $9.5 million. 
A family bought the five- to six-bedroom house, which boasts its own private jetty at the foot of the 1750 sqm block.
It is one of just 22 or 23 Toorak homes to border the Yarra River, according to Long.
The house was designed to offer river views from its two levels, with each room opening to north-facing balconies, overlooking lush gardens and a riverside pool.
CoreLogic records show the property’s last sale before this was in 2015 for $7.5 million.
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Riverfront Toorak trophy home sold

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Vailele, one of Sydney's most tightly held riverfront homes, has been listed for sale by the Salter family.
The historic sandstone home in Woolwich has only had five owners since its 1892 construction. It last traded for $3 million, when it was 1993's top price on the North Shore water's edge, and before that in 1979 when bought by abattoir owner Trevor Wadland for $375,000.
It is long remembered as the location of scenes from the Network Ten mini-series, Return to Eden, the 1983 television drama starring Rebecca Gilling, James Reyne and Wendy Hughes.
Steeped in history, the three storey home once hosted Scottish novelist Robert Louis Stevenson as its guest, who lived out some of his later days in the garden cottage while based at Samoa.
Stevenson even gifted two of the heritage palm trees that sit in the garden.
Ken Jacobs at Christie's International is seeking around $24 million to $26 million for the home which he says offers the most magnificent example of late 19th century sandstone architecture.
Under its slate roof there's original fireplaces, ornate ceiling roses and stained glass windows along with intricate turned timber posts on the marble tiled verandahs still intact after its two year restoration.
The home's named derives from the Samoan term for 'running water.'  An original sandstone water bubbler and heritage-listed sandstone well have been revived, the latter irrigating the grounds. 
The peninsula's most recent trophy home saw was earlier this year when the actor Cate Blanchett and her playwright husband Andrew Upton have sold Bulwarra.
The historic 1877-built residence - restored and extended on its 3642 sqm Hunters Hill block - was sold by Christie’s International.
Vailele has eight bedrooms, seven bathrooms, a study, an elegant music room. 
There's an entire floor dedicated to high-tech entertaining, including a home theatre.
Its heritage billiard room comes with cedar-panelled walls, domed ceiling and a bar.
It comes with a 10 car garage at the cul-de-sac location, a 3084 sq m estate on the corner of Gale Street and The Point Road.
With climbing roses, lavender, frangipanis and a vegetable patch, the grounds come with an infinity pool and spa, with lit terraces, verandahs, and a gazebo. 
This article first appeared in the Sunday Telegraph.
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Woolwich trophy home, Vailele's rare return to market

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Victorian horse racing owner/breeder Peter Carrick and wife Trish have listed their award winning Noosa riverfront home through Adrian Reed at Dowling &amp; Neylan Real Estate.
The contemporary house by award-winning designer Chris Clout cost them $3.45 million in 2010.
They bought it from Chris's parents Peter and Janet Clout, who had paid $345,000 for the 779 sqm waterfront parcel before commissioning their son to design the home.
The only request the parents had was that it had four bedrooms with a relaxing holiday vibe.
Designed to have an Asian resort presence, the home features an indoor pebbled garden, bamboos and tropical gardens.
This article first appeared in the Weekend Australian's Mansion Australia section.
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Chris Clout award winning Noosa riverfront listing

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A riverfront West End, Brisbane home with riverfront pontoon has been listed for sale.
The <a href="https://www.realestate.com.au/property-house-qld-west+end-113637883" target="_blank">11 Avebury Street</a> property has been listed with $2.695 million hopes through Jason Adcock at Adcock Prestige.
With panoramic and private, southerly views across the river to St Lucia, the four bedrooms home sits on 536 square metres.
Orleigh Park is within walking distance. 
 
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Riverfront West End, Brisbane listing

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Actor Cate Blanchett and director husband Andrew Upton have snappily sold their 1877 heritage listed Sydney home Bulwarra at circa $20 million. 
They purchased the sandstone riverfront Hunters Hill trophy home in 2004 for $10.2 million, then renovated.
The celebrity couple are preparing to move overseas.
Bulwarra, on 3,642 square metres, has five bedrooms that open to a verandah overlooking the water. A master retreat is housed in a private wing
The property was <a href="https://www.kenjacobs.com.au/2330308/" target="_blank">marketed through </a>through Christie's International in a campaign overseen by Sydney buyers' agency Sydney Slice. It has been reported Savills' Adam Ross was involved in the sale.
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Cate Blanchett sells Hunters Hill riverfront

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Thomas Muster, the former Austrian tennis champion, has spent $6.6 million on adjoining Noosa riverfront homes.
The dearer of the two cost $3.6 million on Weyba Creek which was less than its prior $3.75 million paid some 10 years ago. Both blocks were 620 square metres with early 1980s homes. 
Thomas Muster returns regularly to the Queensland town because his former wife, Jo Beth Taylor, the former Australia's Funniest Home Videos host, resides on the Sunshine Coast with their son.
The 35-hectare hinterland property, Cintamani, was Muster's first house in 1994 as a home away from his then Monte Carlo base, which was sold in 2002 for $7.6 million to Collection House founder Stephen Walker. 
It was in 2006 when Thomas Muster bought back into the Noosa property market spending $3.5 million on one of six luxury houses on the steep slopes of Noosa Hill. Set in the Viridian Noosa complex, overlooking Noosa Heads and Laguna Bay, the house is virtually wrapped around the trees.
Viridian Noosa was a joint venture between Leighton Properties and Ariadne Australia, designed by Noosa resident John Mainwaring. The long-time owner of the then 19.8-hectare banana plantation ended up in the High Court after a decade-long battle with Noosa Shire Council, which constrained the land's development potential.
His latest acquisition was a single level absolute waterfront residence on the sandy shoreline of the Noosa River with over twenty metres of sandy beach offered a $4.25 million by Eric Seetoo at Tom Offermann Real Estate.
The single level absolute waterfront residence enjoys a "dreamlike" position right on the Noosa River. Over twenty metre of sandy beach, a serene outlook to the wooded slopes of Noosa Hill and not a property in your line of sight across the water; this beautifully presented waterfront retreat will appeal to investors and families with an eye on future development in such a wonderful location.  Brightly flowering azalea, cycad, Poinciana and frangipani frame the security breezeway entry. 
The wide arc of sandy beach accommodates the paddle craft on the tide and a grove of Alexandra palm provide a perfect spot to string a hammock.
Property Observer gleans Muster first bought on the riverfront paying $2.8 million in 2013.
The former "King of Clay" beat career-threatening injuries at the age of 21 to become Austria's first grand slam tennis champion and its first world No. 1 player.  
Below is an external shot of the neighbouring property purchase on Mossman Court Noosa.
<img src="/images/2015/07/08/700_musterneighbour.jpg" alt="">
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