01 Dec 2024
Words Resort News

Noosa Crest

ResortBrokers Sunshine Coast agent Chenoa Daniel has sold the management and letting rights for Noosa Crest, one of the last privately owned upscale resorts in Noosa.

Set high on Noosa Hill, the 39-apartment 4.5-star resort was purchased in an off -market sale by first-time management rights buyers, Victorian couple Ben and Fiona Lazzar. The sale sees the Lazzars relocate from their home at Balnarring Beach on the Mornington Peninsula to take up residence in Noosa Crest’s three-bedroom manager’s residence.

“The management rights model of a business plus a home has found new appeal and relevance in the current economic climate,” says Ms Daniel, who has settled nine management rights transactions this financial year alone.

“Noosa Crest is one of Noosa’s most iconic privately owned resorts with luxurious apartments, fantastic guest facilities and private boardwalk down to Hastings Street. The property has stunning, uninterrupted views over Hastings Street and right over Noosaville towards Tewantin.”

“Having enjoyed beach living in Victoria, the Lazzars were looking for a beach home and business combination in Noosa, having both had long, successful careers in other fields.”

“I was delighted to have connected them with sellers Eddie and Anna Cusieri, who are handing over Noosa Crest in an impeccable condition. The Lazzars will be able to enjoy Noosa at its best with a fantastic home and a thriving short-term letting business with 30 of the resort’s 39 apartments in the letting pool.”