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A prime, house-sized waterfront penthouse with its own marina berth and oversized double garage in central Mooloolaba has been released to the market, marking the first time the residence has been offered since 2010.

Located in Kareelah at 6/49-51 River Esplanade, Mooloolaba, the two-level penthouse provides approximately 440m² across two levels in a boutique complex of only six residences. It occupies a premium riverfront position within one of Mooloolaba’s closest riverfront sites to the beachfront, within walking distance of Mooloolaba Beach, the Esplanade dining strip, The Wharf and local retail.

Kareelah was purpose-built as an owner-occupier building. This penthouse has been held by the same family for over 15 years and is now being released to the open market, underscoring how rarely long-term waterfront holdings of this scale are available in this tightly held pocket.

Acquired as a private holiday home and coastal retreat from city life, the penthouse’s elevated position with sweeping views over the Mooloolah River delivered exactly that.

Amber Werchon, Principal of Amber Werchon Property, said large-format waterfront holdings with this particular mix of attributes rarely change hands.

“House scale waterfront apartments with a private marina berth, genuine deep-water access and being so close to the beach are exceptionally scarce on the Coast,” Ms. Werchon said.

“This penthouse combines direct ocean access for the boat, substantial internal living across two levels and a short walk to the beach and plentiful dining options, in a building of only six residences that has been predominantly held by long-term owners  (not one is rented).

River Esplanade Mooloolaba_

“What truly sets this penthouse property apart is the 180-degree views, generous size and the history of the residence as a private coastal escape. Opportunities to acquire such a property are genuinely once in a generation.”

The floor plan provides four bedrooms or three bedrooms plus a large, dedicated study, expansive open plan living and dining areas and multiple living zones opening onto a wraparound balcony that runs across the riverfront, capturing wide Mooloolah River views and coastal breezes. Glazing along the river maximises light and outlook while maintaining privacy.

The property includes a private, secure double garage with additional storage, exclusive lift access to both floors of the residence and a private marina berth on the Mooloolah River with direct access to the river mouth and open ocean. The building provides a pool, and schools, parks, shops, and public transport are all nearby.

“This is a genuine lock-up and leave option for both local and out of area buyers who want low maintenance living without giving up the features of a home,” Ms. Werchon said.

“Given it has been tightly held for so long, sits in a six-lot building and offers a private berth and double garage so close to the beach, we have already strong enquiries from downsizers, business owners and Brisbane and interstate buyers who recognise how infrequently properties like this come to market.”

Kareelah Penthouse at a glance

• Address: 6/49-51 River Esplanade, Mooloolaba

• Building: Kareelah, boutique complex of six residences

• Configuration: Two storey penthouse, approx. 440 sqm of living across two levels

• Bedrooms: Four, or three plus dedicated study

• Living: Expansive open plan living and dining, multiple living zones, study nook

• Outdoor: Wraparound riverfront balcony with wide Mooloolah River views

• Parking: Private double garage with additional storage

• Access: Exclusive lift access directly to the residence and to both floors

• Marina: Private marina berth on Mooloolah River with direct ocean access

• Features: Air-conditioning, built-in robes, pool in complex

• Location: Walk to Mooloolaba Beach, Esplanade dining and shopping, close to parks, schools and transport.