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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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.