Billionaire John Van Lieshout expands Noosa Heads retreat
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The Queensland billionaire John Van Lieshout and wife Linda have spent $3.68?million expanding their Noosa Heads retreat. The Van Lieshouts bought the neighbouring property in 1989 for $430,000.
The Witta Circle acquisition comes with the precinct’s widest water views and privacy given its outlook is across to tree-lined riverbanks opposite. It sits on a 968-square-metre block, which selling agents Tom and Rebekah Offermann suggest is 50% bigger than average, with its river frontage some 70% wider than usual.
“The super-sized jetty is a feature that just cannot be duplicated with current laws, and comes with its own boat ramp, sandy beach, and drive-through boat garage,” Tom Offermann says.
The recently purchased property had been last traded in 1989 at $300,000. The Van Lieshouts own the property on the left hand side of the one pictured.
It takes the holding to 1,622 square metres.
It was the first recorded sale on Witta Circle since mid-2010, when prices of $3.51 million and $4.01 million were notched up.
John Van Lieshout, who three decades ago started discount furniture store Super Amart in Brisbane's outer suburbs, only made his debut on the BRW Rich List in 2005 with an estimated personal fortune of $1 billion.
Now living at Indooroopilly, the billionaire's first home in Australia was the Wacol Immigration Centre between Brisbane and Ipswich.
