Brisbane rich lister snaps up popular Noosa hotel The co-founder of a leading youth clothing business has paid $13.9m for a well-known Sunshine Coast hotel, with some of the best views in the region.
Property by Chris Herde
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Subscriber only A Brisbane property and retail entrepreneur has snapped up one of the Sunshine Coast s favourite pubs with arguably Noosa s best views. Sources at the auction said Greg Josephson paid $13.9m under the hammer for the two-storey Noosa Reef Hotel which sits on an expansive 5069sq m site. Based in Brisbane, Mr Josephson with his brother Michael founded Universal Store in 1999 with a their first store in Carindale.
Brisbane rich lister snaps up popular Noosa hotel
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Brisbane rich lister snaps up popular Noosa hotel
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Brisbane rich lister snaps up popular Noosa hotel
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It s the end of the road for this temporary pathway along Park Rd.
This pathway was constructed in 2018 while the major boardwalk upgrade to the national park was taking place.
Councillors were told by staff that the pathway would cost $103,000 to bring up to safety standards and the cost of removal was $130,000.
Removal costs will be covered as part a budget review or other project savings.
Residential care facility
Noosa Hill’s scenic Viewland Dr will now be home to a new Youngcare high-needs residential care facility despite local concerns about the impact of the facility on traffic and parking.