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29 Arkana Drive

Noosa Heads QLD 4567

3
2
2
607 m²
House
Currently for sale - view listing

Overview

Views + Luxury Redevelopment Potential

Offered to the market for the first time in over 50 years, this is a rare land-led opportunity in one of Cooloola Hill’s most tightly held and elevated streets, where long-term capital growth has been realised through premium redevelopment and architectural transformation. The existing 3-bedroom home sits on 607sqm and is currently tenanted, offering holding income while plans are considered. The true value lies in the site itself. Its elevation and aspect support a desirable second-storey design outcome, with the potential to capture sweeping views across Lake Weyba and extending to the Noosa River, as illustrated in the indicative imagery. This residential pocket has a defined track record for high-end rebuild performance, with the highest recorded sale in the immediate area achieving approximately $8 million for a newly constructed residence. That result anchors current buyer expectations and highlights the significant upside associated with land acquisition and redevelopment in this street - particularly as original homes continue to make way for architect-designed residences. Surrounding properties reflect this shift, with a growing number of contemporary residences reshaping the immediate streetscape and consolidating value at the upper end of the Noosa Heads market. Demand for elevated Cooloola Hill positions remains strong, driven by local families and interstate buyers prioritising land scarcity, privacy, and proximity to Noosa Junction, Hastings Street, and key lifestyle amenities. A strategic acquisition with clear redevelopment potential, underpinned by proven sales performance and strong buyer demand for new build options in tightly held elevated Noosa precincts. Preferred terms include 30-day settlement and flexible deposit at auction if not sold prior.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
607 m² lot size
House

Happy sellers in Noosa Heads

79%
79% of sellers in Noosa Heads reported that their sale price either exceeded or met their price expectations.

Noosa Heads stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 91 reviews in Noosa Heads over the last 12 months.

Local market activity for 3 bedroom houses in Noosa Heads

In the last 12 months, 30 three-bedroom houses similar to 29 Arkana Drive, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

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