Sails Restaurant in Noosa is selling for $11 million.
Sails Restaurant in Noosa is selling for $11 million.

Illustrious Coast restaurant site on the market for $11m

AN ILLUSTRIOUS Sunshine Coast restaurant's prime waterfront site is selling for $11 million.

The two-storey site of Sails Restaurant was developed by Lyndon Simmons on freehold land in Hastings St, Noosa, two decades ago.

The site is described in Tom Offermann Real Estate's marketing campaign as Australia's only five-star absolute beachfront restaurant and as "quintessential Noosa".

"(It) is the pinnacle of freehold commercial opportunities in Noosa.

"It has been meticulously crafted to imitate the beachside environment and is juxtaposed perfectly with nautical glamour, reminiscent of luxury yachts."

Principal Tom Offermann said that Noosa was one of the most desirable locations globally.

"And for the patient investor it is a well-credentialed opportunity to add the freehold of the illustrious Sails Restaurant on the foreshore of famous Noosa beach to a portfolio."

A 10-year lease plus three further 5-year options, underpins a safe and secure asset which may well remain in the next owner's family's hands forever and a day.

Mr Simmons bought the freehold of Sails in 1994, and presided over its evolution from beach café to landmark restaurant which looks across the expanse of Laguna Bay and along one of the most pristine coastlines in the world.



Bruxner crash: traffic affected after cars collide

Bruxner crash: traffic affected after cars collide

Emergency services have been called to a crash on the Bruxner Hwy

Shock, sadness after passing of popular CBD manager

Shock, sadness after passing of popular CBD manager

Tributes to "amazing, passionate” community man Jason Mumford

Police not to blame for motorcyclist's 'tragic death'

premium_icon Police not to blame for motorcyclist's 'tragic death'

He died after hitting a cow during a police operation near Coraki

Local Partners