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Back 99 Lorikeet Drive
Off Market

99 Lorikeet Drive

Peregian Beach QLD 4573

5
3
3
562 m²
House
Last sold for $2,675,000
Tracy RussellTracy Russell, last sold this property on 03 March 2026 after 18 days on market.

Overview

Prime Beachside House Site; Income Today, Iconic Coastal Lifestyle Tomorrow

Positioned in one of the most tightly held pockets of Peregian Beach, 99 Lorikeet Drive presents an exceptionally rare opportunity directly opposite beach access and just metres from the sand. Set on a valuable house site, the potential here is exceptional. Surrounded by striking architectural residences and premium beachfront homes, this blue-chip site offers extraordinary potential in a truly world-class coastal setting. Wake to the sound of the ocean, enjoy refreshing sea breezes, and secure a property that delivers both immediate income and outstanding future possibilities. This rare beachside gem currently comprises of original three self-contained flats, all fully leased and providing reliable holding income. There are two spacious two-bedroom, one-bathroom flats and one one-bedroom, one-bathroom flat, each with its own dedicated carport. This existing configuration allows the new owner to benefit from immediate rental returns while planning the property's next chapter. You may choose to redevelop by creating a luxury beachside residence that reflects the prestige of the surrounding homes, many of which are architecturally designed masterpieces. Alternatively, the property can continue to perform as an income-producing investment, or the existing flats could be enhanced to further maximise rental returns. For those with vision, this is also an ideal landbank opportunity in one of the Noosa's most desirable and tightly held beachfront locations. The location is outstanding. With beach access directly opposite and the sand only metres away, the lifestyle on offer is second to none. Enjoy morning walks along the shoreline, easy access to the vibrant Peregian Beach Village with its boutique cafés, restaurants and amenities, and the relaxed coastal atmosphere that makes this area so sought after. This is a rare chance to secure a prime beachside holding that offers immediate income, exceptional flexibility, and remarkable long-term potential. Whether your goal is to build a landmark coastal home, invest in a premium location, or secure a strategic asset for the future, 99 Lorikeet Drive represents an irreplaceable opportunity in a truly exceptional setting. Key Features & Highlights: • Directly opposite beach access, just metres from the sand • Three fully leased, self-contained flats providing immediate rental income • Two 2-bedroom, 1-bathroom flats and one 1-bedroom, 1-bathroom flat • Shared Laundry • 1 x dedicated carport for each unit • Situated on a valuable house site offering redevelopment potential • Residential/Low Density Zoning • Option to renovate, hold as an investment, or landbank for future capital growth • Surrounded by architecturally designed, high-end coastal homes • Walking distance to Peregian Beach Village, cafés, and amenities • Rare and highly sought-after beachside location in the Noosa Shire

Features

5 bedrooms
3 bathrooms
3 carspaces
3 carport spaces
562 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Peregian Beach over the last 12 months, the estimated median property value of 99 Lorikeet Drive is $3.02m.

Median value
$3.02m
Estimated value range
$1.3m - $5.05m
Median days on market
63
Estimated value trend
59%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Peregian Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 99 Lorikeet Drive

2026
Sold
$2,675,000
Private Sale/Treaty on 03 Mar 2026 by Tracy Russell, of Tom Offermann Real Estate

Happy sellers in Peregian Beach

81%
81% of sellers in Peregian Beach reported that their sale price either exceeded or met their price expectations.

Peregian Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Peregian Beach over the last 12 months.

Local market activity for 5 bedroom houses in Peregian Beach

In the last 12 months, 5 five-bedroom houses similar to 99 Lorikeet Drive, have been sold.

This represents a 15% increase in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Peregian Beach

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Damien Steele

Sellers who recommend Damien Steele have praised them for being local expert, honest, clear communication, responsive, friendly, supportive and reliable

  •   5   (210 reviews)
  •  23 Reviews in Peregian Beach
  •  12 Sales in Peregian Beach
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Jennie Ross

Jennie Ross is a recommended agent for Peregian Beach.  They have 14 local sales and collected 15 local reviews across the last 12 months.

  •   5   (20 reviews)
  •  15 Reviews in Peregian Beach
  •  14 Sales in Peregian Beach
View profile
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Tracy Russell

Tracy Russell is a recommended agent for Peregian Beach.  They have 8 local sales and collected 12 local reviews across the last 12 months.

  •   4.9   (224 reviews)
  •  12 Reviews in Peregian Beach
  •  8 Sales in Peregian Beach
View profile
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Kerry Sullivan

Sellers who recommend Kerry Sullivan have praised them for being local expert, clear communication, responsive, honest, reliable, easy to work with and friendly

  •   4.9   (257 reviews)
  •  3 Reviews in Peregian Beach
  •  5 Sales in Peregian Beach
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