After browsing on wotif.com, we picked this hotel due to it's closeness to hastings street and the spa bath facility. Our rate was $120 per night, but the sign out the front says from $95 per night so you may be able to get a cheaper rate by contacting the hotel directly.
We made a fantastic choice! We stayed in a studio which was very roomy and had everything you could need - kitchen with all the regular applicances and utensils, TV with cable, The room also had a washer and dryer which came in very useful after a day of fishing! The complex also has a barbeque and a really nice pool and spa area. The staff are really nice and were very helpful in helping us to start the barbeque!
The spa bath in our bathroom was huge (the shower was massive as well) and was put to very good use.
As the previous review stated, it is about a mile from Hastings Street. It is also about the same distance from Gympie terrace, (which are the 'happening' places in Noosa) However, both walks are along flat pathways so it didn't feel very long to walk to either place.
I would def. stay again and recomend others to do so as well!