Soma, Kennedys Lane Ewingsdale
The wellness retreat known as Soma in Ewingsdale is for sale. This is the property where the TV series Nine Perfect Strangers, starring Nicole Kidman, was filmed during the dark days of COVID-19.
Media and tech entrepreneur Peter Ostick and Vedic master Gary Gorrow own the property, which has been used to run top-end retreats. They purchased the original 8-hectare property in 2016 for $1.8 million. Will Phillips of Sotheby’s is marketing it and already has interest at $15 million.
Ohana, 7 Mile Beach Road, Broken Head
Ohana is another luxury property for sale at Broken Head. It used to belong to Paul Hogan and John Cornell and is now for sale. It sits on 22 acres, with 450 metres of Seven Mile Beach beach frontage. The neighbouring property belongs to Chris Hemsworth. Energy resource miner Russel Staley and his wife, Jennifer, purchased the vacant land in 2011 for $6.3 million. It has since been extensively redeveloped. The property is for sale through Forbes Global and will be competing with the Copperstone Estate to be the next Byron record – nudging $40 Million.
Copperstone, 165 Lismore Road, Bangalow
Tom and Emma Lane are climbing the property ladder into the stratosphere. The grandson of the Oroton fashion label started with The Farm in Ewingsdale and recently sold the luxury property The Range in Coopers Shoot for $33.6 million. The couple’s latest venture is Copperstone Estates in Bangalow.
The European-influenced horse ranch is just under 20 hectares and has seven bedrooms, seven bathrooms, and parking for 20 cars. It also has all the necessary health accoutrements, such as saunas, steam rooms, ice baths, and extensive horse riding facilities. Kim Jones is on the market as an EOI, but a figure of $40 million has been flagged.
49 Cedervale Road, Bangalow
This is the first time this property is being marketed, and it will be one to watch. Cedervale is a magnificent estate just outside Bangalow. It sits on 84 acres with a north aspect, close to Bangalow and Byron, while still very private.
The contemporary home was built and owned by local identity John Bennet and his partner, barrister Jennifer Reagan. Before living in the shire, John ran a successful market research business in Sydney. The couple have been well-established and well-liked members of the local community. John was a foundation member of the Northern Rivers Community Foundation, now celebrating 20 years of charity work in the shire.
It has seven bedrooms, five bathrooms, parking for ten cars, a pool, a tennis court, farm sheds and a tiny home. It is listed with David Gordon from Ray White Byron Bay and has expectations of between $18- 20 mil.
8 Border Street Belongil Beach
Could this new listing set the next record sale in Byron? It is on a half acre (three titles), with private access to Belongil Beach. The 5-bedroom, 6-bathroom luxury home took four years to construct by renowned Workroom Design architects and crafted by Atlanta Building. The owner is real estate developer Shane Smollen. It is looking for $39 million AUD ($26 mil USD). Listed with Nick Dunn at McGraths Byron Bay, Knights Frank and Ed Silk.
8 Kennedys Lane Ewingsdale Carriage
Plenty of people want to bring back the trains. Maybe we should bring back train carriages to help with the housing shortage. This Ewingsdale property features a 50-year-old train carriage fully renovated as a super Instagram-able holiday let. The main house sits on 5 acres with four bedrooms. It has westerly views and a pool. Listed with McGraths, with a price guide of $3.7 mil.
426 Coopers Shoot Road, Coopers Shoot
Byron Shire continues attracting people from the film industry. Janine Allis, owner of Boost Juice and Shark Tank participant, purchased the newly built property in Wategos Beach for $17 million. The vendors on that sale were film producer Claire Jensz and her film writer and director husband John Raftopoulos. Their new purchase is the equestrian property in Coopers Shoot, Byron Bay, hinterland, for $7.8 million. The 18-hectare property is known as Alfred Lodge. Jensz and Raftopoulos’s love story inspired the romantic drama Take My Hand, starring Radha Mitchell, Adam Demos and Natalie Bassingthwaighte, also a Byron local. The film will be released later this month, featuring scenes shot in Byron, Bangalow, and Brunswick Heads.
73 Murray Bay Road, Bowen QLD
The strip of coast between Airlie Beach and Townsville, which includes the Whitsundays, is becoming a north Queensland hotspot. This property sits on a very private 8 acres with 250 metres of private beach. It has 12 bedrooms, 11 baths, DA approval for tourism, and the ability to add eight more tourist rooms. Australia’s richest woman, Gina Rheinhart purchased it in 2011 for $13 million. It is an open EOI process that would be in the high 20s in today’s market.
Old Newrybar Post Office
The attractive village of Newrybar is just south of Bangalow in the Byron Bay Hinterland. The gourmet Harvest Restaurant and nearby deli are modern attractions, but much of the traditional character architecture remains with a contemporary renovation. This historic property is the old post office and postman’s residence. It sits on a 3260 M2 corner block in the town centre and has operated as a residence and boutique wellness centre. It also has a Hemsworth brother as a neighbour if that floats your boat. It is being marketed by Nick Dunn from Byron Bay McGraths with an EOI campaign ending July 15th with a range north of $5 mil.
Byron Bay Foreshore Redevelopment
Australia has no hotter property than the Byron Bay Foreshore—except maybe the Bondi Beach promenade. Byron Council has plans to upgrade this choice piece of coastal real estate, but it’s not easy. It is asking for feedback on its plans to upgrade this immaculate beach stretch, the most Instagrammed place in Oz.
The plans are pretty modest and are just a facelift when so much more could be done. A tidy-up is probably all that can be achieved under the circumstances. A few years ago, a community consultation process was initiated. The most vocal vociferous group were surfers who wanted to maintain the car park and turnaround so you could drive through in the morning and scope out where there was a wave. I am personally torn as I do this a lot myself, but at the same time, I understand that to make this foreshore even remotely aesthetic or functional, this car park has to go.
If we were a lot more ambitious, the community would be looking at combining the car park behind the top Jonson Street shops with the First Sun Caravan Park (also owned by the council). Then, a proper promenade and retaining wall could be completed, and BSC with restaurants, shops, retail, accom and parking would be a cash cow for the community and council’s coffers.
It is easy to scratch the surface of paradise to find problems. Please complete the survey and have your say!
John and Yoko’s First NYC Home For Sale
In 1971, two years before John Lennon and Yoko Ono moved into the Dakota Building and the same year John released the Imagine album, they purchased a house on the Upper West Side. 53 years later, Yoko and her son Sean are listing the property for sale as it is no longer required for their needs. It is priced at $5.5 million USD. Yoko Ono is now 91 and lives on a sprawling farm in the Catskills.
Good Local Architecture
Good architecture should be celebrated. This newly built Byron Bay house on Bangalow Road from Son Studios fits the bill. The elaborate timber facade and open spaces is able to provide privacy while remaining open and airy, even while sitting on a smallish block with three sides to public roads.
Nox, 485 Bangalow Road, Talofa
Byron Shire’s newest celebrity resident is film animation pioneer Zarich Nalbandian. In the 1990s, he founded and developed Animal Logic in Sydney and has provided CGI animation sequences for successful films like Happy Feet, The Matrix, and Moulin Rouge. After the recent sale of Animal Logic to Netflix for $120 million, Nelbandian and his wife Ping have been on a property-purchasing binge.
The couple have settled cash on NOX, a one-acre luxury home overlooking Coopers Shoot. The five-bedroom includes all the usual mod cons built by the previous owners, Jacqui Pearce and husband, Dan Collins. It was a good project for the couple, purchasing the land for $2.3 mil in 2020. Will Phillips from Byron McGrath was the listing agent with a price guide of $12 mil.
Pottsville Duplex
Pottsville, Cavanbah, and Kingscliff are good options for downsizing away from the excess costs of Byron Shire. This duplex is a lot of home for less money. It is opposite the park and lake-like estuary, and near the centre of Pottsville town. The three-bedroom, two-bath is listed with Jamie Wilman at Pottsville Raine and Horne for around $1.55 mil.
Man Builds 10 Ft Wide House to Spite Nimby Neighbours
The owner of this plot of land in Florida was met with resistance from his neighbours when he tried to amend the boundary to assist in a more reasonable building envelope. The immediate neighbour made it quite clear he did not want his view affected, and it was where he walked his dog, who used to drop doggy poo there.
The owner, Ryan Weatherhold, decided to proceed with the build anyway. The home, measuring 10ft across by 80ft deep in Jacksonville Beach, went on the market last month for $619,000 and joined a list of other notable “spite houses” built to antagonise NIMBY (not in my backyard) neighbours.
When they bought the 25ft-wide lot from another developer in 2021, they assumed they could successfully petition for a relaxation in building codes to allow for a more standard-sized house. The neighbours, however, had other ideas and fought “tooth and nail” against plans to develop on one of the few remaining plots in the area, the owner Wetherhold said.
It was built with local character and colour and has become an attraction. All the neighbours, even the spiteful ones, are happy with the outcome.
20/11 Constellation Close, Byron Bay
This apartment complex is close to Byron CBD but tucked away and offers quiet and privacy. The three bedrooms and two bathrooms are on two levels, and the terrace house design is expansive and comfortable. The bedroom dimensions are large, which is often a big problem with units and ceiling height. This one is reasonably priced at $1.45-1.55 mil through Damian Smith at Ray White REA Byron Bay.
Glenn Isle, 21 Johnson Lane, Main Arm
Gen Isle, constructed around 1912, is one of those classic old-character farm homes always in demand. It sits on six flat acres between Mullumbimby and Main Arm and has already had some tasteful renovation. Five bedrooms, four bathrooms, one large machinery shed and two stand-alone guest studios. Listed with Byron Shire Real Estate with a $2.75 – 2.95 Mil range.
Secret Garden Apartments
Another shoptop unit complex is being launched for busy Jonson St, Byron Bay. Following the successful and award-winning Jonson Lane, JD Property Group is about to break ground on Secret Garden, 119-123 Jonson St Byron Bay. Secret Garden will comprise 22 apartments, including luxury penthouse suites, alongside ten upscale retail and hospitality tenancies on the ground floor.
JD Property Group Managing Director Jason Dunn, a third-generation local, said the precinct aims to spotlight what makes Byron Bay uniquely special. Su Reynolds from First National REA will market the units. Four-bedroom, four-bath penthouses will start at $4.175 mil, and three-bedroom units will be around the low threes.
Hemsworth’s Homes
If you are interested in the homes of our most famous local, look no further. International glossy mag Architectural Digest has done a tour of all of Chris Hemsworth’s property holdings over the years. The conclusion: Chris likes it sleek and modern.
Roadhouse For Sale
Popular Byron restaurant and cafe The RoadHouse is up for sale. The venue is on the corner of Bangalow Road and Cemetery Road, just south of Byron CBD. Recently renovated as a bar restaurant in the rear section with a total of 237 M2. The owners are not prepared to continue opening for nights and have released the business to the market for a new owner to enhance the capital investment already made.
Enquiries to Lorna Bailey Real Estate.
Mullumbimby beats Byron
Could ‘The Biggest Little Town In Australia’ become more popular and famous than Byron? This article in Domain focuses on Mullumbimby and includes some of the current listings (saves me from doing it).
Try the Laneways festival this weekend if you want to immerse yourself in Mullum culture.
But Byron is always hard to beat! Look out for the upcoming Caper Food Festival later in May. It’s in its second year and looks to be a winner.
Mansion in the Sky
Former billionaire Vijay Mallya wanted to build his dream home in his hometown of Bangalore. However, the businessman who commissioned the $20 million replica of the US White House to be constructed on the roof of a 33-storey apartment complex is unlikely to move in.
Vijay Mallya is fighting extradition from London to India to stand trial in connection with the demise of his company, Kingfisher Airlines, in 2012. He left India for the UK in 2016 while the mansion was under construction and now wants to stay in Britain.
1/25 Orara Court, Byron Bay
This is an entry-level property currently off-market. I sometimes get readers asking for more economical options rather than just top-end. This three bedroom, three bathroom property has been newly renovated and will be listed this month with Brad Rogan at McGrath. It is looking for $1.2-1.25 mil and is in the popular Lilli Pilli area of Byron Bay town.
43 Raywards Lane, Skinners Shoot
I was very happy to see a good outcome from previous clients who recently sold this property. When I helped them purchase it in 2011, it was a half-finished vanity project from someone who had to leave town in a hurry, leaving lots of debt and disruption.
After removing the 14 truckloads of rubbish, the 8-acre site still showed heaps of promise. The price of just under $1 million was reasonable if you were ready to take on the project. The owners did an exceptional job of finishing the structure, fitting it out, and adding a pool and pool house. The gardens were a labour of love for many years. Jeremy Bennett and Ku Darroch from Byron Bay Property Sales sold the five-bedroom, five-bathroom house for a reasonable $7.4 Million.
10/10 Camden St Ballina
Readers will know that my specialty is helping people downsize. The problem often is finding suitable places to downsize to. What works is finding a suitable unit development where you know the settlement date and can plan the move around that.
These new off-the-plan apartments in Ballina are a good example. They are a short walk to the North River and nearby town for shopping. They are around $2 mil with Pacifico Property.
Vista Eureka
This 110-hectare property is now on the market with 15 Community Title Lots. Formerly a macadamia farm, it features over 65,000 planted subtropical big scrub rainforest trees. The project has been in development for six years and was steered by ex-GNF real estate agent Bryan Grant. GNF agent Darren Perkins lists the small acreage lots. The cheapest lot is $1.4 mil and the average is around $2 mil.
7 Bulgoon Crescent, Ocean Shores
Ocean Shores still manages to offer good value. This sizeable elevated home has extensive views, four bedrooms, two baths and 5 car spaces. It sits on just under an acre of gently sloping land – 3408m2. The vendors are looking for around $2.5 mil and it’s being marketed by Adrian Howe from Mana Real Estate.
8 Border Street, Belongil
Locals could not help but notice the long-term construction happening at Belongil Beach over the last few years. Property developer Shane Smollen and his wife Rebecca are now valuing their recently completed home at $40m and plan to take it to auction.
It has already had an expressions of interest campaign, but is now going to auction with Nick Dunn from McGrath Byron Bay and Ed Silk Byron Bay. The property has hopes to smash the area’s current residential price record of $37m, set in April 2023 for Oroton heir Tom Lane and wife Emma’s Coopers Shoot property, The Range.
19 Brownell Drive Wategos Beach
This three-story, five-bedroom home hoped to set a new record for the beachside enclave. The last high sale was a Marine Parade beachfront at $23 mil. 19 Brownell has sold to BOOST Juice founder Janine Allis and reportedly spent $17 million.
The property has views of the iconic beach and Julian Rocks, a sleek gourmet kitchen and BBQ area. Designed by local architect Harley Graham, the master retreat has a private balcony, walk-in robe, and ensuite with views, as well as a pool and spa, landscaped gardens, a private gym, an outdoor office, parking for five with a two-car garage, and an elevator. It was sold by Liam Annersley from Byron Bay Real Estate.
Sun Ranch, 17 Byron Creek Road, Coopers Shoot
Sun Ranch is a rural boutique hotel for sale in trendy Coopers Shoot. The 55-acre property opened with much fanfare last September. Designed by Jamie Blakey and Julia Ashwood, with the backing of a private consortium. Sun Ranch has a five-room luxury guesthouse, two pools, double badminton courts, private creek frontage, and a wellness retreat with a wood-fired sauna and ice bath.
The property can accommodate 34 people in The Rambler Longhouse and two-bedroom Sun Ranch Barns and aims to provide unique luxury experiences. It is listed with Pacifico Property with a price tag of $20 million plus.
Byron Bay’s Monopoly Board
As it says on the box, Byron Ballina is now worthy of a Monopoly game. This month’s Hot Property looks at the retail strip in the heart of Byron Bay, our equivalent of Mayfair/ Park Lane. The centre of town is about to have a completely new look as the sites around the old Woolworths plaza get redeveloped.
The Bonobo by Rae’s, 116-118 Jonson St
The old Byron Bay Backpackers site is now under construction with a new boutique apartment hotel to be called The Bonobo. Antony Catalano, who runs Rae’s at Wategos is behind it. The 2-bed apartments start at $2.5M and the 3-bed, 2-story duplex apartments are around $3.5M. The complex is being pitched to investors for the holiday-let market expecting increased turnover after Airbnb moves to the 60-day limit. More than half are sold already with the duplex-style upper levels the first to go. Owners are restricted to a maximum of 90 days occupancy each year. The expected completion date is March next year. It is marketed by Helene Adams at Atlas Byron Bay.
The Mercato, 108-114 Jonson St
The Mercato set the trend for this kind of thing on Jonson Street when it was developed back in 2018. It has shopping and restaurants including Woolworths and the Palace Cinema. The building received a lot of flack when it was completed and only partly because it was the first major build like this. It went through a few design changes to achieve a Greenstar rating and an atrium to avoid air conditioning throughout. Unfortunately, the financiers who took control from the original developer, Roberto Baddalotti, cut corners and the top floor has never really worked.
Old Woolworths site, 98 – 106 Jonson St
This 5,521 m2 Woolworths site was last bought by the same company owning Mercato. Task Group Services, a Melbourne financier, purchased both sites for a total of $119 mil – which many in the market thought was too much. That was $91 mil for the Mercato and $28 mil for 98-106, the Woolworths site.
The old Woolworths building is now the home of Otherworld while the owners figure out what to do with the site. No new DA has yet been lodged. Otherworld is an innovative venture by Byron’s ex-mayor, Simon Richardson, and events producer, Chris Decker. It is well worth a look and I encourage people to go. I assumed it was only for a trippy night out for teens after a couple of cones. It is family-friendly and for all ages and any time of day (10 am – 10 PM). In their own words –OTHERWORLD is an immersive, interactive gathering space where each step is a discovery, each corner a canvas of colour. Experience the immersive 360 VR Dome, and interact with giant video walls that respond to your every move.
The Bohemian, 90 – 96 Jonson St
The Bohemian is to be a residential, rental, and retail complex. This is on the old site formerly known as the Woolworths Plaza. The site was purchased for $24.5 mil in February 2022, by a company called Project Bohemian. It will comprise 44 apartments, a rooftop pool, street-front shops and an eatery section to be dubbed “Spice Lane”. This one is part of the Luxcon Group.
115 and 111 Jonson St
Across the road, on the corner of Jonson and Kingsley Street was the old Cheeky Monkeys nightclub. That, the two shops on the same title, plus the next two shops (Belle and Ford and Red Ginger Asian grocery) were sold to Justin Hemmes’ Merevale hotel company. There was a lot of speculation on what these sites cost Hemmes, but online it says $23.4 mil for the combined two titles of 1832 M2. Those who have seen the DA say it should be more low-key and not bulky like across the road.
As previously reported in earlier BPS newsletters, Justin Hemmes also purchased a beachfront property at Belongil and intends to spend time here. “I’ve been going to Byron since I was 10 years old, it has always been a place close to my heart,” he has said.
42B Gloria St South Golden Beach
This is a terrific 2 bedroom beach house in South Golden Beach. In a quiet cul de sac and a short walk to the beach. Lots of charm and character with high ceilings and lots of light. Just listed through Brad Rogan at Byron Bay McGrath and will be somewhere around $1mil. Did not flood.
19 and 21 Brownell Drive, Wategos Beach
These two new luxury homes are side by side in Brownell Drive Wategos Beach. Big brother and little brother. 19 is larger and listed first, in the middle of last year which was when I inspected it. This eastern end of Brownell Drive has been a building site as many of the older homes have been demolished and new luxury residences replacing them.
#19 had hopes of being the next record-setting sale – hoping to beat the last sale of $22 mil. It had aspirations of low 30s but the market has interfered with that ambition and it now asking $20 mil. #21 has a range of $16.5 – 18 mil. Both have an internal lift to three floors, pool, gym, spa, and walk to the beach – all the essentials necessary in a simple, laid-back, beach shack.
26 North Beach Road, New Brighton
Well placed between the beach and the river, this is a great spot to get away from it while still be close to the action. The two-story home with four bedrooms and two bathrooms sits on a large 1480 M2 private block. The owners have been meticulous in renovating and presenting this home and is well worth an inspection. New on the market with an EOI campaign conducted by Brad Rogan from McGraths Byron Bay with a range around $3 mil.
Laying Under Earth’s Doona
A hidden earth home with an unusual design that makes it blend seamlessly into its environment has hit the market for the first time. The home located in Goobarragandra Valley Just west of Canberra. It was once featured on Grand Designs Australia is tucked in among 14.5 acres of landscapes, green grass and rolling hills. The property has price hopes between the high $2m to $3m range.
Bunker Home
Bunker Home
One for the doomsday preppers: a Cold War bunker has come onto the US market, sporting a snap-up price tag of US$1.2 million. The utilitarian property in Sprague, Washington, was originally built in 1959 to store critical nuclear weapons but was converted into a family home in 1990. It’s woefully lacking in curb appeal, but then its purpose is probably not to attract attention, right?
4 Cooinda Place, Federal
I inspected this property some time again and quite liked it. I am also a fan of Federal and a rural block outside this village is always popular. It is on the market again and looking for a round $2 mil which I think is pretty reasonable. Rez Tai from Byron Bay and Hinterland Property.
Fig Tree Estate, Kyogle
This new estate outside of Kyogle looks interesting. I have not been out there to have a look but could be a good option for First Home Buyers or Tree Changers. The 150 acres have been subdivided into 33 lots ranging from 2-10 acres. Prices start in the high two hundreds but the first 8 buyers get a discount on that. Contact us if you wish to know more.
13 Edward Place, Knockrow
The buyer of this property was impressed by this home by how well it blended into the environment. That it was built with recycled timbers probably helped. The vendors, retired stockbroker Neville Miles and his artist wife Beryl, sold their home in the Byron hinterland estate for $6.8 million.
The 60.7ha property at 13 Edward Pl, Knockrow comprised a unique three-bedroom, four-bathroom house built from reclaimed timber, along with 3,000 macadamia trees. Marketing agent Ku Darroch, of Byron Bay Property sales, said the Melbourne-based buyers would retain their primary residence interstate.
170 Dudgeons Lane, Mullumbimby
This property offering outstanding ocean views has had an interesting sales process. It is basically the whole northeast side of Mount Chincogan. It was listed in July 21 for $8 mil. It has a cleared site at the top of the western boundary which required a lengthy road build, through the 108 acres. A modern shed used as a dwelling is already included. The owners may have left their run too late to get that price. It was sold at auction earlier this year by Sotheby’s for $2.95 mil. That is quite a drop to meet the market.
Newes Road, Coorabell
Local colourful identity, John Anderson AKA Fast Bucks, has also been spending his time being a property developer. One of his main altercations with the council over the years has involved rezoning his rural property in Newes Road Coornabell. The Community Title subdivision was completed a couple of years ago and already we are seeing a couple of resales.
131 Newes Road
This interesting contemporary architecture home is now for sale through Bryce Cameron at Cape Byron Property. It has four bedrooms, three bathrooms, and 1.33 Ha of land. It is looking for mid-threes.
43 Newes Road
Coming to the market soon is this vacant parcel of land. It has westerly views and is 4.55 Ha of mainly sloping land, mostly forested. Brad Rogan from Byron Bay McGrath will be marketing it with a price guide of $1.2-1.3 mil.
Justin Hemmes Buys more Jonson St.
Merivale’s head, Justin Hemmes has added to his Byron Bay holdings. He purchased Cheeky Monkeys on Jonson St as well as two residential houses in Belongil Beach. The new site is beside Cheeky Monkeys and is located directly across the road from Woolworths. It is currently occupied by Jonsons Restaurant Bar, Asian grocery store Red Ginger and clothing store Bell & Ford, 1005 sqm in total. It was purchased off-market and vendors Mick and Laurel Judell were not willing sellers at first. They paid $950,000 for the site in 2000. Hemmes paid $11.5 mil for the 827 sqm site of Cheeky Monkeys so make a guess north of that.
225 Broken Head Road, Newrybar
This property is billed as The Malibu/Aspen Love Child – the most beautiful Home in Byron Bay. It was very impressive the day I inspected and the styling and interior fit out is exceptional. But it was not impressive enough to reach the $20 mil price tag when it went to auction. It was passed in at $14.8 mil and is now listed with Amir Prestige.
The vendors are James Duigan and his wife Christiane. James is known as a wellness guru and personal trainer to celebrities such as Chris Hemsworth and Elle Macpherson.
20 Pacific Vista Drive, Byron Bay
This home with extensive ocean views on Pacific Vista Drive is now on the market after an extensive refurbishment. It is four bedrooms, four bathrooms on 660 M2 of land.
The vendor is rock musician Ben Gordon, of the veteran heavy metal band Parkway Drive. Gordon, also co-owns the popular Byron Bay hotspot The General Store. Parkway Drive became so popular that fans kept removing the street sign in Ewingsdale where the boys grew up. Council decided to stop re-installing them.
The 2000-built home was redesigned by local interior designer Mel Gubbin of Ave Twenty Two. The EOI closes on May 11th, marketed by Nick Dunn and Will Phillips from Byron Bay McGrath. The range is stated at around $10 mil. Mums – be careful if your dropout son is into thrash metal!
4 Yackatoon Court, Ocean Shores
Readers have asked me to include lower-priced properties as well. Not just do the super luxury top-end sales. This month my good buying tip is some of the unrenovated homes on the ridgeline in Ocean Shores. They often have excellent ocean views and sea breezes and I believe they have good capital gain potential. I have helped a few clients into these homes.
This one for example is good buying at $1.2 mil. The 4-bed house needs work and may have drainage/water runoff problems but it has an excellent block of land with great ocean views. It is enough land for a duplex if deemed to be a teardown.
The Range Creates New Record
The north coast house price record was easily smashed last month. The 124-acre property known as The Range in Coopers Shoot has sold for $37 mil. It was designed and developed by Tom and Emma Lane, who recently sold the very successful paddock-to-plate restaurant and roadside attraction, The Farm.
The Range has hosted many visiting celebrities and A-list visitors. Most notably, Nicole Kidman and hubby, Keith Urban, stayed while here filming Nine Perfect Strangers for a rumored $25,000 a week.
The property is on over 50 Ha with 6 bedrooms and 8 bathrooms, pool, and ocean views. The property was marketed by Kim Jones. It easily beat the last record price just six months ago of $26 mil for rural acreage in Suffolk Park. This topped the $17 mil hotelier, Justin Hemmes, paid for a house in Belongil Beach.
Buyers interested in Luxury property but who do not want to outlay this kind of money should look at a fractional home-buying model. Ko Homes now have a few listings in Byron Bay and contact them or BPS direct for more information.
BB Best over 10 years
According to a recent analysis by PropTrack, Byron Bay was the top performer in regional Australia for the past 10 years. Median home prices grew 361% from 2013, from A$650,000 to A$3 million. Bright in Victoria took the No. 2 spot with 256.6% median home price growth over the decade (from A$362,500 to A$1.292 million). The rule of thumb in real estate was that property prices would double every nine years. For a house price to more than triple in ten years is quite unusual.
Interestingly, the whole of Northern Rivers was a great place to buy 10 years ago. The Byron suburb of Suffolk Park was third at 256.1% (from A$590,000 to A$2.1 million) and Kingscliff came in 5th with a 236% increase.
Ko Homes is a New Entry
I am happy to be the local representative for a new property-owning platform being introduced here and all through South East Asia. Ko Homes is a “fractional ownership model” that suits people who would prefer a part share in a holiday home rather than owning a single one outright.
The platform is already proving successful in Europe and North America as it manages to solve a number of issues. Instead of placing the majority of your funds in one luxury holiday home, Ko Homes can facilitate part ownership, as well as management and booking facility to enjoy multiple properties. As a seller, you can get an excellent sale price on your property while still keeping a portion, if you desire.
6 Boronia Place, Byron Arts and Industry Estate
Industrial units in Byron Shire are still running hot and are one of the few segments not in the doldrums. 6 Boronia is a good example. Built in 2015 of steel construction the property is on 1320 M2 and houses a number of different leaseholds. The $250K PA is around a 5% yield with blue sky potential with further approvals and lease renewals. It is listed with Christian Sergiacomi from Pacifico Property.
1247 Myocum Road, Myocum
Local identity and philanthropists, Christopher and Lynda Dean, are taking a bold approach to help solve the housing crisis. This small acreage across the road from the Mullumbimby Gold Course on the corner of Coolamon Scenic Drive is hoping for council approval for what can be called rural dual occupancy, pavilion style, extended dwellings.
Working with architect David Brown, the team is looking at building two micro village clusters. Each will include 11 single and double, semi-self-contained bedroom units, plus services and a community house. Mr. Brown contends that the DA is fully within code and zoning compliance. This will be an interesting test case to see just how far councilors are ready to bend to provide much-needed housing.
Make your own Hobbitat
Stuart Grant bought the 200-year old cottage as a wreck with no roof and no doors in 1984, and spent decades turning it into a delightful space filled with colour, wood and stained glass. Social media has lit up this month with photos of a ‘hobbit house’ discovered in Scotland, yet its 90-year old owner-builder has revealed he’s never watched Lord of the Rings – in fact he lives almost completely off the grid.
He has been inundated with visitors to his home in Tomich, near Inverness, after his house was posted on a French tourist board’s recommendation for north Scotland – with visitors comparing it to the hobbit homes from Lord of the Rings.
Stuart doesn’t have a mobile phone or use the internet and no longer drives due to his age, but he loves getting out and meeting people and was happy when all the French people started visiting.
Stuart paid £600 for one acre of land which had a house and the cowshed – where he now lives – on it. He doesn’t care about living a life of luxury, insisting he was content to build his dream pad out of cheap or secondhand items.
He said: “I built it out of rubbish. I don’t think there’s anything special about it. I got the timber from neighbours and had to buy screws, nails and paint and cement. I don’t have luxuries myself, I’m quite happy to be poor. I feel richer than very wealthy people because I’m very contented.”
New Wategos Record
Byron Bay’s prestige market is showing no signs of slowing despite the state’s broader housing woes, with a record house price sale on Wategos Beach over the weekend of more than $22 million.
The beach shack on Marine Parade secures the beachfront’s reputation as the state’s premier address north of Sydney. McGrath’s Will Phillips would not reveal the exact sale figure, confirming only that it topped the 2020 high set when RipCurl founder Brian Singer bought the prestigious strip for $22 million from recruitment industry boss Geoff Morgan and his wife Ros.
Local sources are tipping a result of more than $22.5 million. It is one of only 12 houses on the cul-de-sac fronting Wategos Beach, and records show it comes 25 years after it was bought by retired graziers John and Ilone Small.
It last traded in 1997 for $1.225 million when sold by the family of the late Eric Gilchrist, the grandfather to near neighbour and F45 co-founder Adam Gilchrist.
Justin Hemmes Buys in Belongil
Justin Hemmes is the second generation of the fashion, retail, and hospitality family behind the Merivale brand. Last year he purchased the commercial site in Jonson Street, formerly home to the Cheeky Monkey nightclub. This is soon intended to be a top-end Italian restaurant – much to the consternation of restauranteur Laurie Rose who runs The Italian across the road.
Hemmes, a billionaire known as the ‘Bar Tzar’ for his extensive hotel and restaurant holdings, has now bought a two-bedroom beachfront on Belongil Beach. It is a double block on 1922 M2 and is rumoured to have sold for around $17 mil.
The property last traded in late 2012 for $2.77 million when purchased by a company trust ultimately owned and controlled by Steven Hains. The sale sets a beachfront record for the North Coast. The deal was believed to be brokered by Sotheby’s who have recently opened an office in town.
Worth a Look
Enough top-end bolt holes. What is out there that looks interesting from a price point of view? Here are a few that I have noticed that I think are good buying. As mentioned in Market Watch, properties in the $1.5- 3 mil range have had the biggest reduction. That means good opportunities exist. These are just a few I include as an example. Contact me if you wish to hear more.
65 Fingal St, Brunswick Heads
Earlier in the year, anything in Brunswick Heads under $2 mil would be rare. This property is now sitting at $1.8 mil something and looks fair value. 4 bed 2 bath on a good-sized block looking into the reserve. It does need work, but this location, and did not flood, means this one is good value.
10 Bower Street, Brunswick Heads
When this property was listed earlier in the year, $3 mil was a possible sale price. It missed the run and vendors are keen on a deal will below that with an estimate of $2.3 mil. It is a delightful house, recently renovated, with a north aspect and some value-adding potential.
3 Yalla Kool Drive, Ocean Shores
This is an excellent example of entry-level opportunities. This neat and tidy brick home is close to shops and transport. It has a private secondary rental as well. For a starter or an investment, this will be a no-brainer. Goes to auction on Friday with a range of around $1.2 mil.
19 Stuart Street, Mullumbimby
This is an excellent area of Mullumbimby and a good place to live. The recent floods have put a shock through the neighborhood and some are selling up. I have not inspected this house but have seen it from the outside. At $1.5 mil this is much lower than it would have been last year. As a wooden house on foundations, it can be heightened at some time, so for some trouble, this would be a good option and buy on the low.
Crystal Castle for sale
Long-time, iconic Byron Bay hinterland attraction, the Crystal Castle, is for sale. Naren and Sono King have listed the property with hopes of $30 mil. The Crystal Castle and Shambala Gardens are on 10 Ha and attract over 90,000 visitors a year.
37 years ago, the hilltop site at 81 Monet Drive, Montecollum was a strange piece of architecture originally housing a very empty French restaurant on a barren ridgetop. Over the years, the kings have completely expanded the structures and created the most magnificent gardens and temples. They are hoping to find a buyer with some capital to extend the vision already established.
The Coast Road Lennox Head
This architect designed, 5 bedroom, 3 bathroom home sits within a private and peaceful corner of the coveted seaside enclave of Boulder Beach. Stunning beaches and coastal walking trails are accessible by foot or bicycle directly from the front gate.
Nestled into a lush rainforest backdrop with ocean views, rolling lawns, fruit trees and tropical gardens, the residence captures a nostalgic essence. This is exemplified by the central living area, dining areas with atrium-style windows and cathedral ceilings that brings the inside out and takes the outside in.
The Range by the Lanes for sale
Emma and Tom Lane, of the Oroton fashion empire family, are selling their Byron Bay residency, The Range. The Coopers Shoot property on 48 hectares was leased to Nicole Kidman/Keith Urban family while here shooting the Nine Perfect Strangers TV series for a rumoured $25,000 a week.
The off-market price is currently $40 mil and will set a new record if the sale comes anywhere near that. No doubt inspired by the recent $26 million record purchase in Suffolk Park by Clare Mulham, daughter of billionaire Imelda Roche.
The Lanes have been linked with some of the most notable properties in the Byron Bay area since 2011, when they swapped Manly and $4 million for their first hinterland home, Amileka. Most notably they developed the organic agribusiness The Farm at Ewingsdale, which they sold in 2020.
The Range is their latest creative enterprise, set on 48 hectares in the hinterland of Byron Bay, purchased in 2017 for $3.8 million, and built into a luxury retreat that is described on its website as “a perfect fusion of an Australian farmhouse with Spanish Finca influences”.
Spanish Village Going Cheap
This one is for light relief after looking at our local prices. This whole village in rural Spain is on the market for 260,000 Euros – that’s about $400,000 AUD. It includes 44 apartments, houses, a bar, a church, a school, a police barracks, a swimming pool, and a sports area. You would not even get close to a one-bedroom unit anywhere in Byron Shire for that. It has been vacant for three decades so needs some work.
Nightcap Ridge
This property is in a unique location. The 67 acres are in the middle of a World Heritage Listed National Park and the only place in Australia where private land is available. The property is approved for tourism and the improvements include three charming fully furnished, off-grid cottages. Plus, DA approval for an additional 13 cabins (sleeping a further 35 guests). It is listed with Amir Prestige with an asking price of $6.5 mil.
Colorado Mountain High
A few readers may remember a local called Marc Gerritsen. Builder, inventor, photographer, Marc built a few houses here in Byron before moving on to other locations – Taipai, Colorado, Ko Samui, and Amsterdam. His latest creation is called MaadPeak and is near Fort Collins, northern Colorado, USA. It is going on the market for USD$2.8 mil. For those who like interesting one-off architecture. He also personally made every fitting and every piece of furniture.
New Byron Record
Forget the downturn and the recession, many Byron top-end property prices remain solid. The previous Byron Shire record of $22 Mil in Wategos Beach has now been slashed by a recent sale in Suffolk Park. The hinterland property on 16 Ha was sold for $26 mil to the billionaire Roche family, founders of the Nutrimetics cosmetics company. Clare Mulhams, the family’s daughter is expected to take possession of the property.
The vendors were the Gawler family who purchased the land 9 years ago for $2 mil. They have carried out extensive renovations and landscaping. The sale was completed by Christian Sergiacomi from Pacifico Properties.
Love Island House Sold
A buyer has fallen head over heels for the Love Island Australia house, splashing a price record. The eco-friendly, luxury homestead at 28 Blackbean Lane, Federal, New South Wales, was sold on October 12.
The property carried a price guide of $11.5 million to $12.5 million but the final sale price is not being made public. Known as Amileka, it sits on 10 hectares, with an 18-metre pool, sunken lounge, and fire pit. Reality TV watchers will recognise the terrace area as the backdrop for the cavorting contestants on Love Island Australia. The listing was handled by McGrath Byron Bay agents Nick Dunn and Ollie Charkos.
Warehouse for $13m Plus
A large warehouse space at 11 Centennial Circuit is now on the market. The 2820 M2 of open space sits on 3862 M2 of land. Karin Heller from Smile Elite has it listed with price expectations of $13 million to $14 million. She says that the tightly held Byron Arts and Industry Estate is still an area remaining buoyant in the present market.
Last year, a vacant 4800-square-metre block of land in Banksia Drive fetched $9.6 million. Also of note was the sale of the garden centre on 4000 square metres at 2 Grevillea Street sold for $11.5 million.
The sellers are long-term locals Rick and Gayle Hultgren who built it in 2000. It housed wholesale diving materials business up until they sold the business in 2012. They also own next door which is leased to their daughter who runs Circus Arts. Their son, Chayne Hultgren, is better known as The Space Cowboy – an internationally renowned circus act, cabaret performer and sword swallower. He also had holdings in the industrial estate but recently sold up and moved to acreage in the hinterland with his family.
New apartment Complex
The Vitale family amalgamated the 6000sq m oceanfront site between 2-4 Milton Street and 29 Shirley Street in off-market purchases earlier this year. The largest portion is the Backpacker Inn, (4300 M2) which the company will continue to operate while the DA is being processed.
43 Kingsley Street, Byron Bay
Someone I know was bemused by this recent listing in Byron Bay. They thought it must be a printing error that a 4-bedroom home on a small suburban block is going to market for $5.9 mil. I had to explain this was in the middle of the “Golden Grid” and that anything is possible there. The Golden Grid is the blocks between Marvel, Massinger, Tennyson and Ruskin. Sale prices there have been pure poetry for many years now and 43 Kingsley Street is another example of that.
Byron Tops Coastal Prices
A recent Domain article highlighted that Byron Bay had the highest price rise of any coastal region. Half a dozen coastal hotspots in regional NSW now have a median house price north of $1 million. Some, including Byron, have overtaken Sydney prices.
The article goes on to state that the booming property market has priced out locals and, in some cases, forced them to move hours away, an effect experts say will be felt for generations to come.
The report can also be viewed with this later article predicting that Byron prices will now be cooling.
Also, on the same topic of Byron’s runaway prices. I found this image interesting from BA colleagues at Propertology. It shows the average annual price increase of all the regions around the country for the last 20 years. Byron Shire is the only one that has scored over the 10%. Tasmania was next with scores in the 9%. Sydney is an also-ran at 7%.
Skyfall, 29 Browns Crescent, Mcloed’s Shoot
Sitting on the crest of the ridge looking down on the Bay and the coastline is Skyfall. It would have one of the best views in the shire, looking over the horizon pool. 5 Bedrooms and 5 bathrooms on 6 hectares. The listing agent was Amir Prestige from the Gold Coast. This agency is fairly new but seems to capture a lion’s share of the top-end market. It went to auction on Sept 3rd with a price mark of $8,400,000 but was passed in with no bids.
13 Edward Place, Knockrow
‘Ballyshaw Farm’ is two titles totalling 320 acres. Both can be purchased for $16 Mil or each lot purchased separately.
– $10 Mil for Lot 1 – 150-acre allotment, 3,000 macadamia trees, flat farmland perfect for livestock and horses, main elevated residence with ocean views, 3 bed 3 bath.
$6Mil Lot 2 – 170 acre allotment with 18,000 macadamia tree commercial farm, well-kept 4 bed, 2 bath home with pool – a perfect base to run the farm business.
The property is listed with Kolloshe Agency’s Rob Lamb.
Coorabell Ridge
“Coorabell Ridge”, at 315 Coorabell Road, is the first of a few Community Title rural subdivisions about to come online. I have been watching this one for some time as I had a client interested in one. When we were looking over a year ago, while the 100-acre property was still being prepared, the prices were mid-ones. Now it looks like the 2-3 acre lots will be in the $2.5-3 mil range.
This is a beautiful property in a good location and these sites will be highly sought after. There are about 6 in a row on a high ridge with a perfect North vista through tall gum trees. They will be going to market with Nick Dunn from Byron Bay McGraths.
Brunswick development
Rumours that the local property market is dead may be somewhat premature. This old house on a large block in central Brunswick Heads is looking for big money. It does have development potential at 981 M2 so the unrenovated house is not long for this world. Agent Ed Silk is looking for mid 3’s.
17 Whip Bird Place, Ewingsdale
This new modern home features five bedrooms and four bathrooms, with a 578-square-meter residence on a substantial block of 4,053 square meters (1 acre). Even though it is a relatively new estate between Ewingsdale and the highway, it promises secluded privacy and a 10-minute drive to Byron Bay.
The owner purchased the vacant land in 2020 and quickly set to work creating an architecturally interesting property with a good finish. They obviously did something right as the property is now under offer at around $6 mil. It was listed by Jeremy Bennett from Byron Property Sales.
18 James View Court, Coorabell
House sites along the Coolamon Scenic Ridge will continue going only one way regardless of the wider market. This property on James View Court has the classic, sought-after view looking northeast over the bay and Julian Rocks. It was built over 30 years ago and was the original land from the James family. The 3 bed house on 1.2 Ha is a bit dated and needs some attention. It also has minor issues with the shared access with the other properties on this street. It should find some interest in the $3.5-4 mil range. Listed with Bryce Cameron’s Cape Byron Property agency.
Cheapest house to get away from the mud
This small two-bedroom home in Ewingsdale was recently advertised as a way to get out of the rain and mud at Splendour. The new listing at 191/399 Ewingsdale, Byron Bay, is part of the Discovery Park caravan park and does not include the freehold title of the land. A few of the dwellings have recently sold and most enquiries are from people asking about holiday letting potential.
The property is listed between $380-410K. The promo blurb says:
Built with all the love only a master craftsman shipbuilder can do we proudly present the only 2 storey home within the Discovery Park setting. The entry “gangway” has a nautical rope handrail with a newly placed wooden deck. Open the front wooden door and gain a sense of wonder and delight upon entry into the main living area.
This wooden featured two-bedroom home has space and light accompanied by the gentle oceanic breeze through the thoughtfully placed windows, and landscaping.
Block Exiters Buy in Ewingsdale
Ewingsdale has two new trendy residents. Fashion influencer Elle Ferguson and her AFL footy star fiancé Joel Patfull purchased a new home off McGettigans Lane. The property includes two small homes and Elle’s sister, Lucy is also a buyer.
The show and the couple are expecting controversy when it airs on Ch 9 later in the year. The couple left The Block unexpectedly after only 48 hours. The production company is not happy to lose the contestants in the reality TV renovation show. Mr Patfull claimed he needed the ability to come and go from the show when required to fly to Adelaide to care for his ailing mother.
The property is just over an acre of land and was purchased in April for $4 mil.
The Barbotine, 116-118 Jonson St, Byron Bay
The Barbotine is what is planned for the old Woolworth’s site beside Marcato in town. The complex will become 41 two, three and four-bedroom hotel-apartments.
The Brisbane developers, Richards and Spence, say they can: “offer an alternative to Airbnb ownership, with prospects able to own their own hotel residence to use as both a part-time personal Byron retreat and also enjoy an income stream when their apartment is not being used.” More in the link below:
Local Travel Biz Goes Big
A few years ago, this newsletter noted how the biggest employer in Byron Bay was no longer a chicken abattoir but an online travel company. That was a comment on how Byron and local businesses were changing. It is now significant that the same online travel company, TripADeal has now sold a 51% share to Qantas.
The two principals, Richard Johnston and Norm Black, (pictured) did not disclose the sale price. Qantas CEO stated the company was looking forward to chasing inorganic growth opportunities as the travel market revives after two years of virus-enforced turmoil.
88-90 Mollys Grass Road, Tregeagle
This is another luxury property listed with Amir Prestige Agency who just sold Hercules mentioned above. Tregeagle is just south of Alstonville inland from Ballina. The tregeagle luxury property is large and expansive with 14 bedrooms and 10 bathrooms on 14 Ha (57 acres).
Includes three homes, a caretaker’s cottage, pool, horse stables and arena, two large storage sheds and your own private waterfall and freshwater swimming spot.
83 Mount Chincogan Drive, Mullumbimby
Even after many years of observing the local property market, there are still new ones that are a surprise. “Churinga Highlands” is just west of Mullumbimby and on one of the shire’s highest ridgelines with commanding views of the ocean.
The 174 Ha (435 acres) is on four separate titles with four different dwellings totalling 10 bedrooms and 6 bathrooms. It also includes several machinery sheds, stables and cattle yards, 50 acres of professionally re-generated rainforest with additional plantings and registered timber plantations.
It is listed with Duncan Lorimar REA and expecting a price range of $12,500,000 – 13,750,000.
Eco Tourism in Central Coast
Studio Hollenstein has designed the centrepiece of a proposed $56.4 million eco-tourism attraction. It will be in the World Heritage-listed Gondwana rainforests on the NSW mid-north coast near Dorrigo.
The new Arc Rainforest Centre features a curved boardwalk offering views overlooking the rainforest. It will be part of the NSW government project to create a multi-day walk and visitors centre in the region, intended to boost nature-based tourism and bolster the contribution that national parks make to the state economy.
“The project will provide access for all abilities to connect with nature and culture on Gumbaynggirr Country,” Studio Hollestein said.
59 Coopers Shoot Road, Coopers Shoot
“Hercules” is a luxury property on the Coopers Shoot escarpment overlooking The Byron Bay Golf Course and Suffolk Park. It has 14 bedrooms, and 10 bathrooms in multiple dwellings and includes a commercial space as a training centre plus a film and audio recording studio. Gold Coast agency Amir Prestige had the listing and it has just sold for $22 mil. Other agencies first had the listing and looking for $30 mil.
The property has had an interesting history. Its current iteration began in 2003 when music producer and owner of School of Audio Engineering, Tom Misner bought the land for $2.2 mil. The previous owner before him was a timber mill owner who build an elaborate large wooden house outside the approved building envelope and right on the edge of the escarpment. A local environmentalist took offence at the building for a number of reasons and put a match to it.
Misner sold it to the current vendors, Robert and Deborah Wild, for $7.9 mil in 2014. They decided to move to the hinterland from Wategos Beach after many of their neighbouring homes moved to Holiday Letting. The Amir Prestige Agency had no comment on who the new purchasers were and what their intentions would be.
Amelika, 28 Blackbean Lane, Federal
Amalika is a luxury home in Federal with an interesting history. Designed and built by local award-winning architect Sharon Fraser in 2008, it was sold to Tom and Emma Lane, the entrepreneurs behind ‘The Farm”. They purchased it in 2011 for $4 mil.
It was last sold in 2015 for $3.5 million to Sarah and Andrew Johnson, who managed to pick up the designer digs for half a million dollars less than it previously sold for. They have done some work on it and were able to do some good business as a short-term rental with a $4000 a night price tag.
Last year it was the venue for the reality TV show “Love Island”. The first choice was a property in Port Douglas, but the production company had to quickly pivot when Queensland locked the border. The production nearly had its lights put out by the council when one of the crew came to town with COVID and went out to several venues instead of staying in iso.
The 8-bedroom, 4-bathroom house sits on 10 Ha in Federal. The agent is Nick Dunn from Byron Bay McGraths. Expressions of Interest close on August 19th and the range is expected to be $11.5 – $12.5 Mil.
Soaring rental prices creating housing crisis in regional NSW
A growing number of regional cities and towns across NSW are in the midst of a rental crisis, as short supply and a surge in sea and tree changers leaving Sydney see rental prices soar.
Popular Byron Bay remains the most expensive regional market with a massive median rent of $880 – up more than $180 or 26.2 per cent year-on-year – making it pricier than most of Sydney, bar the eastern suburbs, northern beaches and north shore.
3D Print Your House
This is an interesting development in 3D printing. Already being tried and proven in Europe, Dubbo Council is now looking to fix their house problems. A house has already rolled off the printing press in Melbourne – the first in the southern hemisphere.
Local Architect’s Home
Local architect, Harley Graham, has been responsible for some of the more interesting local houses and projects. Stone and Wood Brewery, Casuarina Commons, and Linnaeus Estate to name just a few. Although known more for his modernist style, his own project took a different turn.
This recent article in ArchitectureAU features his finished design of an old Queenslander saved from demolition. The original plan was to move a c. 1910 timber cottage from Brisbane to a 500-square-metre level block in Byron Bay. Then to renovate it and then perhaps probably sell it. But those plans were derailed, and the house needed to be transformed into a home for Harley and his two teenage children. When he drove down to see the house – which had been “stored” in a cane field in Ballina – he found the protective tarpaulins had blown off, leaving the home waterlogged and rotting. After 18 months of exposure, the house was in a sad state, its verandah hanging by a thread. The finished outcome looks to be worth the effort.
8 Bower Street, Brunswick Heads
The seaside village of Brunswick Heads has maintained strong sales throughout the flood and slowdown. Only the north end of town around Fawcett Street and the boat harbour experienced flood damage. Most of the quality properties found a steady stream of buyers.
One that is still for sale is one I like a lot. 8 Bower St looks like a typical brick worker’s cottage from the outside. Inside it opens up into a contemporary, open-plan 3 bedroom 2 bath, home. It sits on a 759 M2 block with an expansive deck looking out to the north. This property went to auction in the post-flood/election confusion and was passed in. It is now listed with Todd Buckland at Byron Shire Real Estate with expectations of $2.7M.
Kath and Kim Home No More
The iconic suburban house occupied by the foxy ladies of Fountain Lakes, Kath and Kim, will soon be no more. It is destined to be demolished later this month to make way for something that will probably be ‘the bee’s knees, puh-lease’.
Set in the ‘effluent’ suburb of ‘Fountain Lakes’, the house was actually located in Melbourne’s Patterson Lakes. It was rented by the ABC from 2002 to 2007 and hosted events like backyard cricket with Shane Warne, garage dancing with Kylie Minogue and dinner with Barry Humphreys. The current owners and soon-to-be renovators will be hosting an open house for fans on the 31st of August.
Victorias On Wategos 4 Sale
1- Marine Parade is the latest big-money property for sale in Wategos beach. It is the only other hotel besides Rae’s in the exclusive enclave. “Victoria’s Byron Bay” is a destination guesthouse, comprised of 11 bedrooms, and over 10 suites and spread over two blocks.
It is being marketed by Travis Lipsuch from Byron Beach Real Estate. It is expected to sell “way above” the previous top sales in Wategos being Raes and 32 Marine Parade which were $20 mil plus. A price estimate of $35 mil has been rumoured.
58 Ruskin Lane, Byron Bay
This vacant block in Ruskin Lane is on the edge of the so-called ‘Golden Grid’. This is the residential area east of the Byron CBD where property prices have seen astronomical growth over the last couple of decades. This level vacant block of 469 square metres is looking for around 4 mil.
This much money for a vacant piece of land is an indicator of where this area is at. The growth was provoked for some time by the demand for Airbnb properties, but this has waned of late. Listed with Jeremy Bennett from Byron Property Sales.
Timperley Corner Sold
One of Byron Bay’s best-known retail destinations, the Timperley’s Corner building, has been sold by one of the area’s founding families after close to 90 years of ownership. The corner building on Byron’s main roundabout, home to Surf Dive ’n Ski store, sold for $14 mil.
“A number of high-profile parties were competing to secure the building, which is a true icon within Byron Bay,” Mr WItheriff from CBRE Brisbane said. “The building has been owned by the Timperley family since 1935 and was run as a motor mechanics workshop before being developed as a thriving retail surf shop known as Bay Action,” the agent added.
The Times Features Byron
The Illustrious UK journal of record, The Times, has featured Byron Bay. The article was published on April 15 and has the heading “Where to Buy Property in Byron Bay Australia”.
It talks about the Hemsworths and the Netflix series Byron Baes before going on to feature various properties and their sale prices. Even the toffs of London are intrigued by our property prices.
I have copied the link below but it requires a subscription to read the full text.
255 Coolamon Scenic Drive, Coorabell
This is a top-end property on the top of the ridge! Although not on the ocean side of Coolamon Scenic Drive, it is one to look out for, if you can afford it. Tom Misner is the vendor of this 35-hectare ridgeline property with excellent views. Tom has been a long time local but has been spending more time in Monte Carlo after becoming obscenely rich. He sold his global business, SAE (School of Audio Engineering), headquartered on Ewingsdale Road, Byron Bay for $289 mil. Good to see someone from here becoming mega-rich and then moving away, instead of people becoming rich and moving here. There is a balance there somewhere.
Not that the music producer/entrepreneur is living on the 35-hectare property. It was purchased in 2017 for $6 million as the site for his dream Saint Tropez-inspired mansion, but ultimately left to the Land and Environment Court to approve the $11 million construction project.
Monte Carlo-based Tom Misner is selling the Coorabell property for $12 million to $14 million. IMAGE CREDIT: HEATH MISSEN
The property includes an approved DA for a 6-bedroom, Saint-Tropez inspired villa. The plans include a private garden, an infinity pool, a 7-car garage, gym, massage room and in-house cinema, as well as a pool house. The original idea was also to have a state of the art recording studio as Tom still owns 301 Studios in Byron and Sydney – a popular recording venue for many top acts.
The views include the hinterlands, north up the coast, Byron Bay and Julian Rocks. The 88 acres include spring-fed creeks, dams, and ancient fig trees. The original farmhouse has been removed as it included asbestos. The original gatehouse has been renovated and is one dwelling in the approved rural dual occupancy. Infrastructure already installed includes underground power and electrical work, two massive, insulated sheds, and all access roads.
All this can be yours for $12 – 13 mil after first speaking with Ku Darrach from Byron Bay Property Sales.
303 Coolamon Scenic Drive, Coorabell
Next door to Tom Misner’s place is another luxury dwelling. This is hard to see change hands as this was the venue for many wonderful parties and gatherings in the 90s and naughties. Musician and music producer Murray Burns was the gracious host and is now winding down moving on. End of an era!
The home on five acres is a Balinese pavilion style estate with three separate living areas around a courtyard and lagoon pool. It has taken 25 years for the owner to organically build this iconic, tasteful home that is Byron Bay living at its finest. Goodbye to all tomorrow’s parties!
Another remarkable listing from Ku Darrach at Byron Bay Property Sales. I think well priced at $5.5 Mil.
305 Coolamon Scenic Drive, Coorabell
And there is more from Ku Darroch ……
Behind Murray Burn’s place at 303, is this more formal manor home. Set on 25.5 Ha with excellent rural views. It has its own long driveway to the 4 bedroom, 3 bath and 4 car garage stately home.
With this one priced at $9 mil, you could buy all three from Ku Darroch for $27 Mil and have a remarkable estate of 5 homes on 143 acres estate. Why not?
Byron Digital Nomad Site
The Digital Nomad market is about to get back up and running now that the Covid lockdowns may be in our past. This market is something that has been mentioned before in this newsletter. Digital Nomad accommodation is specifically created for highly paid IT and creative industry workers who liked to be globally mobile. They like a self-contained bedroom and ensuite and a social life with like-minded people. Good wi-fi and internet speed is essential.
YHA Australia, as well as privately funded businesses like Selina and Drifter, are targeting the digital nomad market. YHA is using their 7 Carlyle St, Byron Bay location as a pilot. It is freshening up its approach by emphasising quality food and beverage as well as introducing a co-working space.
Casuarina Sale
A vacant 7354sq m parcel of sand at Casuarina Beach has changed hands for just over $19 million. Brisbane based Azure development Group purchased the site, 30 mins north of Byron Bay. “It is the right time to enter the Casuarina Beach market given the strong fundamentals underpinning the community, including infrastructure and population growth,” Azure director Chris Schroor said.
“We’re planning an upmarket boutique residential community for 6 Grand Parade. Casuarina Beach is coming into its own and we are very excited to be bringing an exciting new luxury development to the area.”
The Casuarina deal is another windfall for fund manager Clarence Property Group, which paid circa $7 million for the 21ha balance of the land in the master-planned community in 2012.
Nunderi – The New Byron?
West of Cabarita, halfway between Byron and Tweed is Nunderi. It is a bit suburban and retiree focused, but this new luxury build is a sure sign that this area is on the road to gentrification.
Casa Campana is a luxury dream home with 4 beds 2 bath on 1.3 Ha. It is only fifteen minutes to Cabarita Beach and 30 minutes north to Tweed Heads and the airport and 30 mins south to Byron. This makes it an excellent location.
It is listed with LS Properties out of Casuarina and looking for an EOI with a range around mid threes.
Hidden Gem Off Market
This is an off-market opportunity for the right buyer. This property is on the edge of Byron Bay town, very private but close to everything. It is a walk through the national park to the beach and the house itself has ocean glimpses. It has four bedrooms, two bathrooms over four levels. The immaculate gardens are on 4600 M2 and include a tennis court and swimming pool.
It has been a family home for 35 years and this is the first time on the market. It will not be publicly listed but genuine buyers are invited to inspect it and make an EOI. This is a pretty special property and not easily replicated. Please contact me for more information (0428 555501) and I will put you in touch. NB: as a buyer’s agent, I do not list or sell properties.
Pro Surfer has a Vision of the Pass
Local professional surfer Owen Wright purchased an old shack in Daniels Street, Byron Bay last year for $5.1 Mil. Just under 300 metres from Clarke’s Beach and an easy walk to one of the world’s best, but busiest, surf breaks, The Pass. The house was a teardown and now Wright is going to market with four townhouses. He is keeping one, one is sold so only two are left and looking for $6 mil plus.
Wright. a Rip Curl ambassador, suffered a traumatic brain injury during a warm-up session days before the final event at the Pipeline Masters in Hawaii. He has recuperated from that and branched out into other areas. He is married to singer Kita Alexander and they have a son.
The townhouses are marketed by Christian Sergiacomi from Pacifico Property. The sale should include a malibu board and a surf lesson.
Fintech Buyers Mark 2
A few years ago, Mike Cannon Brook’s Atlassian had a stock market jump. Some of the executives from that company purchased in Byron with their high-value stock options. BPS was lucky to assist a few of them with the move and what nice people they were.
This year it looks to be well-paid workers from Afterpay. The latest Australian Fintech sensation which assists shoppers to BNPL (Buy Now Pay Later) was recently purchased by Square for $29B. Square co-founder and CEO Jack Dorsey was also the co-founder of Twitter.
Afterpay’s public policy vice-president Damian Kassabgi has purchased a luxury home in Old Bangalow Road for $13 mil. A former adviser to Kevin Rudd, he pocketed close to $7 million last year when he traded in a large slab of his AfterPay shares.
He and his wife, fashion industry operative Courtney Miller, already owned up the road before they bought the seven-hectare retreat that was listed by Liam Annesley of Byron Bay Real Estate. They also own a Woollahra terrace purchased in late 2020.
Big Number in Lennox Heads
40 Blue Seas Parade was sold as a vacant block back in 2016 for $1.5 mil. The owner has created an impressive new home on the 1162 M2 site. It is now listed with an impressive price tag of $25 mil. It is a mansion complete with limitless views of the Pacific Ocean with a perfect north aspect. It also all the trimmings you’d expect for the $25 million asking price.
The five-bedroom, four-bathroom, six-car garage dwelling takes up 566 M2 metres of the land area of the large block. It was a 13-metre horizon pool if the beach walk is too far. The master bedroom is 122 M2 on its own – the size of a small house.
Block Judge buys in Suffolk
A judge on Ch 9’s The Block TV show, and interior designer Darren Palmer has now bought in the Bay. He and his partner, cosmetics businessman Olivier Duvillard have purchased in Suffolk Park.
They’ve opted for the quieter Suffolk Park over the bustling town, spending $3.85 million on a chic home just 100 metres from Tallow Beach. The house features a saltwater pool, overlooking an entertaining space in tropical gardens, the two-level home sits on 720 sqm. It backs onto bushland, with a path to the beach from the back gate.
Palmer has joined fellow Block judge, Shelley Craft, who has been a Byron resident for some time. She is the partner of local real estate agent Christain Sergiacomi who runs Pacifico Property. Brad Canfield is also an agent at Pacifico and was a past contestant on the TV show.
But it was not a complete in-house production. The home Palmer purchased was sold through McGrath Byron Bay agents Ian Daniels and Susan Whyte. Also, it looks like the Block series planned for Byron and shot in Sunrise Beach is not to be. Was it because of the rising negative sentiment of reality TV shows being shot here? Or was it the cost of the real estate blowing the production budget? No, it sems they couldn’t get enough adjoining neighbours to sell.
Actress Madeleine West buys in Suffolk
The Byron celebrity attraction factor continues to soar.
The latest is actor Madeleine West, who has separated from her husband celebrity chef Shannon Bennett four years ago, has now emerged as a buyer in Suffolk Park.
West has bought on the dress circle paying $4.6 million for a beachfront with a view-through to Tallow Beach. The two-level home has four bedrooms, three bathrooms, a three-car garage, and a home office, which has a private deck with views also to the hinterland. Its 952 sqm grounds come with a heated pool.
Alcorn Street has been in high demand in recent years, and particularly busy last year, with seven sales recorded between $2,534,000 and West’s $4.6 million. It’s the same street that actor Luke Hemsworth and model Gemma Ward both own property.
West’s former husband has owned at Belongil Beach since 2013 when he paid $2 million for a five-lot, 4588sqm block of land, before building a modern home on the block bought from the late John Cornell and his wife Delvene Delaney.
Bondi Bonanza
The idea that property prices were about to wane was scuttled last month with this sale in Sydney. There were a number of auction outcomes that stunned commentators but this one took the cake. A run-down, semi-detached house in Bondi was listed with a guide of $4.95 mil. After wild scenes during the auction with multiple bidders competing, the hammer came down at $5.65 mil – $700k over the reserve.
Similarly, a one-bedroom apartment in Birchgrove was first advertised for $750,000. It managed to sell for $1.532 mil – doubling its estimate.
New Byron Fashionistas
As well as the tech-savvy, Byron is seeing an influx of fashion icons. Fashion designer Wayne Cooper and his wife, Sarah Marsh are now searching for a home in Byron. Cooper is one of Australia’s most influential fashion designers and sells through Myers and Frocoholics. The couple just sold their six-level home in Sydney’s Tamarama for a rumoured $11million.
Also making a new home in the Byron hinterland is head of fashion house McCall. Alice McCall was born in London and made a name for herself in London as a stylist for celebrities like Kelis, Marianne Faithfull and Blondie along with international brands like MTV, Rimmel, Nike and Levi’s.
Also arriving with a lithe leg in the fashion industry is AfterPay exec Damian Kassabgi’s wife, Courtney Miller. Also mentioned in this Hot Property section.
$uffolk $hack 4 $ale
A beachside council-run caravan park removable home is on the market for $750,000. These prefab dwellings just sell with a lease and there is rental on the land as well as the purchase price for the dwelling. They usually trade hands for around $250-350K. The story has made the news and an ABC online article cites it as another example of the “market gone mad.”
Councillor Michael Lyon said current caravan park legislation was designed to allow for affordable housing. “If someone’s got that much money to spend on a moveable dwelling, they certainly shouldn’t be benefiting from the affordable fees that you get from living in a caravan park. It’s not right, but unfortunately, that is the way the legislation is.”
Broken Head Church
The local Anglican Church diocese is not winning any converts with its plans to sell off the 99-year-old church on Broken Head Road. The church and land were gifted to the community to commemorate three fallen WW1 soldiers. The press release noted; “This is a major restructuring program…for funding various new initiatives and allow the church to meet the costs arising from historical claims of abuse.” The Church of England, as it was known until 1981, has paid $31m in compensation to date. Only half the number of complainants have received compensation with an average of $67,000 each.
The amount hoping to be returned to the coffers with this sale is somewhere around the low one million. EOI closes December 14th and is listed with David Gordon from Ray White Byron Bay. A public meeting was held at the church on 21st November chaired by ex-Mayor Jan Barham and pro bono legal advice by mayoral candidate Mark Swivel, looking at ways to keep the hall in community hands.
Big Dollar Block
In a similar vein to the Suffolk Park shack, there is also this new listing. Travis Lipsuch From Byron Beach Realty is listing this vacant block of land in Byron Hills, not even Byron beachside for $3.5 mil. Yes, it does have ocean views and is a 1410 sqm block.
But this is another one of those situations where if you would have told me just a few years ago there would be a vacant block of land in Byron Hills for this kind of money I would have scoffed. More than scoffed – guffawed!
Candidate’s Auction
Speaking of elections: The number two on the Bruce Clarke Action Group ticket is Julie Meldrum who will be having a busy week. The Byron Bay-based former journalist and diplomat is not only hitting the hustings but is also going to auction at the same time.
Three days after local polls close, Meldrum and her husband, former TV producer Murray Millsom, are set to auction their home in Ewingsdale for $8 million.
Meldrum’s own housing is no slouch in the local high-end stakes. The 1.1-hectare Aamari Estate was developed by Meldrum and Millsom with a Bali-style main residence set in landscaped gardens with a pool and cabana, a self-contained studio and a separate villa with a private outdoor spa. Kollosche’s Kim Jones and Karin Heller have the listing.
Social Housing in Mullum
A social housing project planned for Mullumbimby is finally about to start. The first sod was turned on previously council-owned land south of the Byron Shire Council chambers in Stuart Street. The development will be for 25 one and two-bedroom units, 15 will be social housing and 10 will be privately sold.
North Coast Community Housing (NCCH) has been working on the project for over six years. Councillor Paul Spooner (Labor) has also been behind it as part of his Community Land Trust (CLT) advocacy. The project was listed for sale by Mullumbimby Professionals a couple of years ago but was withdrawn due to difficulties with parking. The commercial units were then expected sell for mid $400ks.
NCCH CEO John McKenna says it’s exciting to be able to provide more social and affordable housing in the Byron shire, but it’s still “a drop in the bucket” compared to what’s needed. “Nationally it’s around, I think, just above four per cent now, in NSW it’s about 3.8 per cent of all housing is social housing. Here in Byron, it’s about 1.8 per cent, so there’s not enough social housing.”
Twiggy In, Olivia Out
As stated in previous BPS posts: the billionaires are kicking out the millionaires. There’s a new billionaire in town. Less than a month after his consiglieres were spotted in the Byron Bay hinterland kicking the tyres at Olivia Newton-John’s Gaia Retreat and Spa, the West Australian mining magnate Andrew Forrest has taken the plunge.
Twiggy purchased the wellness retreat for an undisclosed fee (but rumoured to be $30 mil) through his Tattarang investment house’s “lifestyle and property division”. Wife Nicola Forrest is a director and chief investment officer is John Hartman – who spent time inside Sydney’s Silverwater jail on inside trading charges in 2010 along with old schoolmate Oliver Curtis, husband of publicist/socialite Roxy Jacenko.
The rehabbed investment manager said Gaia would continue as a wellness retreat – so that’s negatory on rumours Twiggy was considering converting the 22-bedroom sanctuary with an attached day spa, fitness centre, saltwater pool as a holiday bolthole.
ONJ has said, “It is time to pass the baton on to new custodians so they can continue our positive message that Gaia is ‘your timeout to reconnect, breath and surrender’.” They were seeking: “Like-minded visionaries who are inspired to continue [the] ‘G.R.O.W.’ ethos – Gratitude, Respect, Organic, Wellness …’.” No mention of green hydrogen, but sounds like Twiggy to a T.
Sunseeker Motel Seeks Sale
The Sunseeker, a 1980s brick-built motel at 100 Bangalow Road, is on the market with CBRE Hotels at the direction of owner-operators Jess and Dave Frid. The property last changed hands for $6 million in late 2019 and was then renovated. The price guide is understood to be between $15 million and $20 million. This follows on from a similar motel remodel with the Bower just down Bangalow Road. The Bower achieved a sale price of $18 mil.
More influencing
Sexual wellness exponent and social media influencer Abbie Chatfield has paid $1.45 million for a cottage in the Byron Bay hinterland. Originaly from Brisbane, Queensland, the 26-year-old has had “winning” performances on “I’m a Celebrity… Get Me Out of Here! and The Bachelor.
Among Abbie Chatfield’s many talents are her work as a real estate expert, host, and influencer on social media. Season 7 of “The Bachelor Australia” brought her attention from the media.
She is also well-known for her work as a Vush Official spokesperson and as the host of the reality show “Love Island.” On top of that, she has amassed a sizable fan base on Instagram, with thousands of followers.
Top End Listings – October 2021
As for the last year, top-end properties in Byron Shire and beyond are getting lots of attention. Here are a few recent listings:
390 Main Arm Road, Mullumbimby
Set on 120 acres this one has lots of options. It already has a great 4 bedroom house with pool and great views looking north. But it also has an even better house site with 360-degree views that is excellent. It has approval for cabins, two of which are already built, plus a community hall. This is the only private landholding with an approved hall. Hard to price this one but will be somewhere over $10 mil. Listed with Peter Browning at LJ Hooker Brunswick Heads.
100 Old Bangalow Road, Byron Bay
A pavilion-style homestead on 18 acres a short hop to town. Old Bangalow Road, like Old Byron Bay Road, is now becoming a sought after address and this is one of the better properties on it. It has immaculately landscaped gardens, a pool and a horse paddock. The Christine Vadasz designed pavilions consists of only four bedrooms that this property has the look and feel of a grand estate. Listed by Liam Annesley from Byron Bay Real Estate and looking for mid-teens.
307 Skinners Shoot Road, Byron Bay
‘Lanikai’ is an exclusive compound on 52 acres of landscaped gardens and rainforest with views to the Pacific Ocean and Cape Byron Lighthouse.
It has an existing renovated 4 bedroom house with a two-bedroom cottage and an approved house site for the main residence. It has a yoga chalet and an extensive gym. Nick Dunn at McGraths Byron Bay is thinking $26 – 30 Mil.
Temple Byron, 46 Melaleuca Drive, Byron Bay
This iconic yoga and meditation retreat centre has become an institution over the years and is now for sale.
At just under 3 acres, and only a few minutes away from Byron Twon Centre, this extraordinary property features a main house, a large hall, an American style barn, a managers quarters and an office, plus a magical yurt to boot! Its listed with Kollosche Byron Bay with expectations of $10 Mil.
Treetops, Hinterland Way, Wooyung.
I attended an interesting auction on the weekend. Treetops is a 9 lot rural CT subdivision. The expected range suggested by agent Greg Price from Ray White Bangalow was around $4 mil, There was heated biding and it finally settled at an unexpected $8.3 mil. This price makes the retail sales for this rural residential subdivision implausible for retail sales even in today’s overheated market. These buyers will have trouble recouping and this is a display of buyer over-exuberance.
Top to Bottom
7 Rhodes Street, Lismore
Not interested in Top End? Here is something completely different. This old Queenslander is ready to move and still has more renovation potential to unlock. This is the side of Lismore and has commercial zoning.
This is the side of Lismore and has commercial zoning. This side of town can be flood-prone and this is one reason for its cheap entry-level price. These properties have good rental potential but there will come a day – soon – when flood insurance becomes prohibitive and as long as the floor does not go under, as this one never has, then I think the risk-reward ratio is still a payoff.
4 Bian Court, Ocean Shores
This very distinctive pole home adjoins a pristine nature reserve on a quiet street in Ocean Shores. It is listed for $890,000. With polished timber floors throughout, it is a home that suits its surrounding natural elements.
Within a split-level configuration, the electric kitchen overlooks open plan living whilst also connecting to the main upper bedroom and bathroom. There are 2 further bedrooms downstairs both enjoying pleasant aspects to the surrounds. Having been well maintained over the years with some renovation and TLC, this has some value-adding.
74 Survey Street, Lennox Heads
Catch this wave! Very well positioned fixer-upper in popular Lennox. The reserve on this one is only $1 mil but there will be more than a few handymen looking at this one.
Peak Parking
It had to happen and now it has. The first car parking space to sell for more than a million dollars has now sold. The previous record was for one in Manhattan for $US980,000.
This one in Hong Kong sold in June and went for $1.3 mil. It is in an ultra-luxury residential development called The Peak. Homes in the complex are known to rent for $US210,000 a month.
Hemsworth Bros Building
Where would a BPS Hot Property edition be without news of the Hemsworth boys? Australia’s most famous Bros and their team of experts have submitted plans to build two residences on a 35-hectare site that the brothers bought for $4.25m two years ago.
The build cost is expected to be equivalent to the cost of the land. The site is adjacent to Chris’s $30 mil elaborate mansion on land in Broken Head.
Welcome to Wategos
Investor and social entrepreneur Tanya Nelson-Carnegie has purchased in Wategos paying $14 million for 4 Palm Valley Drive. Liam Annesley from Byron Bay Real Estate was the agent and it settled in June.
Ms Carnegie was also the buyer of Hillstone Farm in Fowlers Lane Possum Creek for $11 mil last year. Her Sydney base is a $10.8 million Bondi Beach penthouse. Tanya is the ex-wife of colourful Sydney businessman Mark Carnegie. They have three daughters together.
Tara is the founder of a social venture fund, Vasudhara, and the Carnegie Foundation, where she helped create two charities, the Matilda Rose Early Intervention Centre and Hear For You. She has 20 years of experience in investment and started her career at McKinsey & Co. She holds a degree in Human Sciences from Oxford University and a post-graduate at Sydney and Macquarie universities.
The sellers were Nicholas Baxter and Johanna Gustaffson, who are now sailing the world on their newly acquired Fleming 65 yacht.
Pete Evans Commune
Celebrity chef and well-known anti-vaxxer, Pete Evans is working with developers on a large Rural Land Sharing Community development in Tweed Heads. The proposal has had a setback with Tweed Council. The Nightcap Village was seeking to create nearly 400 dwelling plots. The site is 1,500 hectares of rural land at 3220 Kyogle-Nimbin Road, near Mebbin at the foot of Wollumbin-Mt Warning.
The project would roll out over 12 stages and cost an estimated $39.8 million for stage one. Evans seems to be a spruiker for the project and is developing his own wellness retreat near Uki. The Nightcap Village website says he is in a “long-term commercial arrangement” with the project developers.
Many locals spoke out against the DA at the recent hearing. “(It) would require extensive land clearing of approximately 106 hectares of native vegetation with a further 220 hectares of impact in native populations,” a Department of Planning, Industry and Environment biodiversity and habitat management assessment found.
The Nightcap Village website promotes the community as a way of getting “back to the tribal wisdom of living in harmony with Mother Nature as well as the fundamental lore of Doing No Harm.”
70 Foxes Lane, Tyagerah
This is billed as yet another ‘Unique” byron hinterland property. Set on 127.5 acres of land with 850sqm of internal living space, this hacienda-style home is fairly unique. It has 360 rural views and is close to the highway and beaches.
The current owner, John Picone, has not spared time and energy to plant an extensive fruit orchard. It includes a studio and a commercial shed. Michael Coombs from Atlas REA is looking for $9.75 mil.
House of the Year
The HIA-CSR Australian Home of the Year award for 2021 was won by a home in Perth. It is a cascading, multi-level, dwelling that embraces the steep slope of the site. Built by NSW builder Mallinger Constructions, the living wing hovers nine metres out over a sandstone cave. The open-plan kitchen flows onto a courtyard that contours around protruding boulders.
The judges were impressed by the building team’s engineering feats in overcoming a site fall of more than 17 metres, a plunge pool cut into the rock and the workmanship of an internal timber feature that conceals a hidden room. “Rather than removing obstructive site features, the home’s clever design instead binds its internal spaces to them,” the judges commented.
The property reminds me of the work of one of my favourite architects, Sri Lankan Geoffrey Bawa. His Kandalama Hotel is a classic in the use of building into a rocky slope.
And we are on the subject, here are all the winners of the 2021 Architecture Australia Awards. The winner was a pavilion house in Paddington, Brisbane.
170 Dudgeons Road, Mullumbimby
This is one to watch and be interesting to see what the final price is. It was last sold 4.5 years ago for $1.35 mil. Gary Brazenor from Byron Shire Real Estate has just listed it for $8 mil. Yes, a bit of a mark-up and life-changing outcome if the vendors get it.
The property has some appeal to a certain class of buyers. 108 acres with exceptional views to the ocean, secluded but only a short hop to Brunswick Heads and Mullumbimby. It is the northeast slope of Mount Chincogan. It has been cleared a bit of camphor and lantana as was impossible when I last looked at it. Fully serviced shed offering potential accommodation whilst you build. Has a house pad at the top of the site. Access has a right of way through a neighbouring property.
The Block Comes To Town
Channel 9 TV series “The Block” is planning to do a series here in Byron. For those not up with this reality TV format, the show follows four or five couples as they compete against each other to renovate and style houses or apartments. In the final episode, they sell them at auction and the highest price wins.
This reality TV show follows on from the recent kerfuffle around the Netflix series Byron Baes. This one was mainly shot in Ballina due to the local pressure against it. The Block, its 18th season, will start shooting in Sunrise Beach in April next year. Renovations will continue till September with an auction in October.
The link with Byron is not just that we now have the most expensive and topical property in the country. The show’s co-host, Shelley Croft, lives in Byron and her partner is local real estate agent Cristian Sergiacomi from Pacific Property.
Pete Evans Sells Out
Pete Evans is selling his ‘health lab’ business in Byron Bay at the Habitat. The commercial unit is being sold less than a year after opening for a “below replacement” price advertised at $295,000.
The Evolve Health Lab was launched in September last year and offers services such as a cryotherapy chamber, where people expose their body to low temperatures, red light therapy and a hyperbaric treatment chamber. Sophie Christou from Raine and Horne is handling the sale of the business.
7 Myocum Downs Road, Myocum
Pretty as a picture! This one sits on just under 6 acres. It’s a small-scale hobby farm inclusive of open paddocks with a cattle yard, spring-fed dam, small creek, extensive organic vegetable gardens and an architecturally designed family home.
Great location just off Myocum Road between Byron and Mullumbimby. However, slight road noise with this one. 4 Bedrooms, 2 Baths and 3 bay parking on 2.33hs. Price Guide is $2,795,000 with Brett Connable from Ray White Byron Bay.
Tech CEO buys $7m Byron Bay retreat
Robin Khuda, the founder of telecommunications service provider AirTrunk has purchased in Lennox Head. The luxury property includes two residences. Each has a swimming pool surrounded by landscaped gardens and native bushland. It is 5.3 hectares with river frontage, boat ramp, fishing deck and development approval for seven eco-cabins.
Last year, the property was listed with a guide that started at $6.3 million and rose to $6.5 million but never sold. Nick Russo, of Ray White Byron Bay, launched it to the market again in March for $7.5 million. It settled to Bangladeshi born Mr Khuda’s Asia Digital Investments company last month and is one of a $100 million purchases by the company.
4/230 Seven Mile Beach Road, Broken Head
This funky beach shack is part of a Multiple Occupancy on exclusive Broken Head. The property shares 45 acres of rainforest and is in line to transition to Community Title.
Therefore the buyer requires the full $1.7 mil asking price – but you get to be neighbours with Chris Hemsworth. Michele Jackson from Byron and Beyond REA.
970 Coolamon Scenic Drive, Coorabell
Local architect Sam Zaher was fortunate to get this exceptional house site to work with. He delivered a 4 bedroom 3 bathroom luxury home that sits on a level pad 1.1 km off Coolamon Scenic Drive on a 28 Ha property. It has panoramic views across Myocum to the ocean, Julian Rocks and the lighthouse.
The home is completely off-grid with a 15 Kw system and batteries. The circular pool uses a “naked freshwater system”, plus many other exceptional features. It is a First National Listing with Su Reynolds and Luke Elwin who are expecting offers over $14 mil. Expect more of these sites on the coastal side of Coolamon Scenic Drive to be rebuilt or renovated. Like Wategos Beach, this will be another address soon to be transformed by some of the big money coming to town.
Jonson Street Hemmed In
The old Woolworths site, 98-106 Jonson Street, has been sold in conjunction with the adjacent Mercato Shopping Centre, at 108-116 Jonson Street. Melbourne based finance company Wingate and developer Azzura were the vendors and the rumoured price is around $120 million. This would make it by far the biggest real estate deal ever done in the booming Bay.
Sydney pub baron Justin Hemmes was rumoured to be the purchaser of this prime double site. This is not correct. It was actually purchased by the Mustaca and Pelligra Families in conjunction with a couple of fund managers. The vacant portion of the site currently holds a flexible B2 local centre zoning, which allows for mixed-use development such as retail, residential and accommodation.
Justin Hemmes is the son of celebrity Sydney couple, Jon and Merivale Hemmes. Originally into fashion with a clothes label and retail outlets; “Jon and The House of Merivale”. The family branched out into licenced hotels and restaurants and now Justin is a billionaire and owner of over 80 pubs and venues. He is a frequent visitor to Byron Bay and although being a bidder on the above sites was not the winner. He is the buyer of the Cheeky Monkey site where he may have plans for an upmarket Italian restaurant. He was also bidding for the Bangalow Hotel but owner Tom Mooney and wife Catherine declined to sell, even though the offer was rumoured to be $50 mil.
David Bowie, China Girl and Numimbah Valley?
This rural property in Tweed Shire has a unique and interesting marketing angle. It is rumoured that, as a guest in 1983, David Bowie spent time there in the music shed and finished writing the lyrics to his hit song China Girl.
Janis Perkins from Real Estate of Distinction is the listing agent for 2407 Numimbah Road, Numimbah Valley – just nudging the Queensland border. “Wagawn… is an exceptional property and much more than a 4-bedroom, 4-bathroom house. It is an outstanding 619 square metre grand, master-built home, originally built in 1883 and set on 13 beautiful acres with outstanding views. The old-world charm now combines its genteel past with all the contemporary comforts, a saltwater swimming pool, purpose-built stables for 4 horses with a tack room, plus parking for 7 vehicles”.
Apparently, the previous owner painted over the China Girl lyrics that were written on the walls. This reminds me of the classic story of the Brett Whitely nude that was painted on the toilet block brick wall at Wategoes Beach. The sweeping lines of girlfriend Janis Spencer were appreciated for a while before being lost to the cleanup campaign by an anti-graffiti council worker.
How To Sell a $10 Mil property – The Barefoot Way
This interesting story published in the SMH Domain section comes with an even better back story. 34 Childe Street Belongil Beach has been for sale privately and off-market for some time. The asking price has always been over $10 mil. The owners were Peter and Jodie James, founders of the Mortgage Ezy finance Group. The property included two houses on two titles. The front one with absolute Beach frontage was renovated by architect Jodie with special inclusions to make it a “healthy home” and completely EMF free.
The attached story includes a claim by Parkinson’s REA principal Frank Mlikota that he sold the property site-unseen, half undressed and half intoxicated to a Melbourne buyer. That is not so unusual as quite a few properties have sold recently without a physical inspection. Such is the state of the market. It’s also in keeping with Mr Mlikota’s “Barefoot” branding. The main surprise is Mr Mlikota claim that he had also had never set foot on the property as well.
It seems that the listing agent, who is no longer with the agency, has some questions about that. There may also be a small problem with the disputed payment of a chunky commission. Frank Mlikota claims to be the seller of the “Matt Damon” house in Broken Head as well. This is confusing as I believe he means he sold the house that Matt Damon holidayed in with his family – not a house he sold to Matt Damon.
Frank is being a bit disingenuous with this one. The idea that he sold a $12.5 mil property he had never inspected, was half drunk and half-dressed when he did it is a marker of his skills as an agent is a bit of a stretch.
Wolfmother buys in Bangalow
Rock musician Andrew Stockdale has spent $2.7million on an investment property in Bangalow. The Wolfmother frontman, 44, bought retail premises after it was offered through Kath Vaubell at Byron Bay Property Sales after getting approval for the addition of restaurant space and two shop top living quarters. The site is home to one of Sparrow’s coffee outlets, managed by the Harvest crew, headed by Tristan Grier.
It last sold in 2018 at $2.3 million, and in 2015 at $1.45 million, when it had a gross total return of $113,886. The purchase includes six retail and commercial tenancies and is not Andrew’s only investment in the area. He also owns a $1.6million cottage in Byron, which he renovated and listed as a rental in 2019.
Wolfmother is headlining Byron Music Festival on June 19.
Magnificent Magnolia House In Mullum
2 Murwillumbah Road, Mullumbimby was built in 1930 and started life as “Riverview”. The build cost was 1100 pounds which was a notable sum in those days. It was last sold in 2015 for $1,390,000. It is on a hectare of land on two titles. You can see the yellow frontage on the left after crossing the first bridge when leaving town to the northwest and before Murwillumbah Road becomes Coolamon Scenic Drive or Main Arm Road.
The previous owner was Diane Stokes, ex-wife of media mogul Kerry Stokes. Before that, it housed the James family, dairy farmers who owned grazing land in Myocum, Tyagerah, The Pocket and Brunswick Vallery. Both Ernest James and his son Bill served as Mayors of Municipality of Mullumbimby. Ernest James and a local NSW bank manager were convicted of fraud in the 1940s.
The name of the house changed to Magnolia House but was often referred to as the Yellow House because of the colour. The home is now being listed by Gary Brazenor of Byron Shire Real Estate. It is listed for $3,500,000 and inspections are by appointment only.
Zac Efron Buys Acreage
Zac Ephron may not still be enamoured with his local girlfriend he met in town but is still more than keen on the Byron hinterland. He has purchased nearly 130 hectares in Tweed Shire. The private retreat offers rainforest, creeks, waterfalls and bushwalking trails.
Public title records now show the block has settled in the name of Zachary Efron and changed hands for $2 million. Selling agent Brad Franks of Ray White Murwillumbah would not be drawn when contacted, citing a non-disclosure agreement.
Shirl and Andy’s Beach Shack
With the recent death of liberal politician Andrew Peacock, I was reminded of a little love shack down at Broken Head. Mr Peacock lost the Liberal leadership to John Howard who lost the election to Bob Hawke. Lucky, as any ornithologist would know, a Hawke will always beat a Peacock in a fight.
After leaving politics he became ambassador to the USA and had a relationship with Shirley McLaine. Around this time, in the early 80s, Ms McLaine purchased a very unique property on 7 Mile Beach Road, Broken Head. The house was very run down but sat on a ridgeline over Brays Beach with coastal views to north and south. She decided to not hold it for long after realising the limited potential for rebuilding due to the national park restrictions. We were close to having another celebrity couple here, even before Hoges and Linda, Strop and Delvene.
18 Pioneers Crescent, Bangalow
Large rural properties are getting harder to get close to Bangalow. This one at 18 Pioneers Crescent is 100 acres and has an impressive home perched on an eastern facing ridge. It can be seen on the left while heading north past Bangalow on the highway.
The old railway line and Byron Creek passes through the property. There is a commercial macadamia orchid of 3,500 trees, 300 finger lime trees that can be developed into a commercial enterprise as well. The property also has a large dam and spring-fed creek.
It is being marketed by Ed Silk with expectations in the mid-teens – $14 – 16 mil.
420 Tyagarah Road, Myocum
This family home is only three bedroom one bathroom and only on half an acre of land. But on the plus side has excellent north aspect and good rural views. It has a double carport, water tanks, double septic connection tank, Solar Panels with new battery system, solar hot water with electric booster
Offered by Damien Smith from Ray White Byron Bay. The range is around mid ones.
46 Carney Place, Knockrow
There is currently a big appetite for homes with renovation potential in a good location. 46 Carney Place, Knockrow ticks those boxes but needs quite a bit of work. It is a large 2 story traditional brick home but the site is nearly 4 hectares of land with spectacular coastal views.
It has 4 bedrooms with unique timber floors and ceilings, a built-in bar, a games room, and cellar. The separate shed area has enough space for 3 cars which is an addition to the 2 car garage. Braden Walters from Belle Property is aiming for high 3s for this property, which I think is a bit steep but anything is possible in this market. .
New Complex in Federal
Resident and lovers of Federal will be interested in this new Light Industry DA. The Fed Sheds is envisaged to be artisanal, creative workspaces for local small businesses. 467 Federal Drive, Federal is on 4000 M2 and is just up the road from the existing shops and village hub.
The complex is now canvassing suitable tenants. Already enquired have been an art gallery, film production, cafe, bike shop, professional offices. You can view the plans in the link below.
Sun Hotel for Sale
The Sun Hotel is now for sale with price expectations of more than $10 million. The Sun, on Bayshore Drive in the Industrial Estate, sits on a 7600-square-metre parcel of land zoned mixed-use, offering rare development potential. It is in an expression of interest process that closes at the end of March.
“I hate saying it but Byron Bay is incredibly hot property,” said CBRE Hotels national director Wayne Bunz. It is being offloaded by KTQ Group, the owners and operators of the upmarket Elements of Byron resort.
It follows a string of seven-figure sales over the past 18 months — including the Byron Bay Holiday Village Backpackers, The Bower Byron Bay, Byron at Byron, The Farm Byron Bay and the Byron Beach Hotel. For those who missed the saga of the Beach Hotel, you can read it here.
$2M Sale in Ocean Shores
Ocean Shores has clocked up another $2 million dollar sale. The 3 bedrooms 2 Bathroom architect-designed home has a saltwater pool and an Ocean View.
3 Golara Court was sold for $2,140,000 By Ku Darroch from Byron Property Sales.
Pete Evans Buys Retreat
Anti-vaxxer-in-Chief Pete Evans has purchased the Mout Warning Forest Hideaway. Evan’s company Healthy Everyday Pty Ltd has spent $1 million on a Byrrill Creek property, which about 66km northwest of Byron Bay. The ex-celebrity chef currently runs a healing clinic at Habitat in Byron.
The recent accommodation acquisition is not far from the Pottsville retreat that Evans and wife Nicola Robinson have called home since moving from Sydney’s Malabar after their house sold for $3.36 million last September.
His whisper-quiet 8ha property acquisition comes with a three-bedroom home plus tourism venture, with eight self-contained studio apartments. There’s a saltwater pool, which comes with a small macadamia plantation, along with crops of bush lemon and guava. The sales agent was Janis Perkins from Real Estate of Distinction.
Lorna Jane Buys Coorabella
Fitness queen Lorna Jane Clarkson has paid $14 million for Coorabella. The 23 Ha property in Coorabell was last sold in July 2018 by jewellery designer Giovanni D’Ercole for $6.2 mil.
Now a Wategos resident, Gio hosted a charming hang out for locals and visitors. Margot Robbie wed her long-term partner Tom Ackerley in a top-secret ceremony at the private retreat in 2016. Star actor Gabriel Macht, who plays Harvey Spectre, (Buddies of Prince Harry and Meghan) and his Aussie actress wife Jacinda Barrett hang out there.
The founder of the popular activewear label, Lorna Jane, also owns a $10 mil mansion in Hamilton, Brisbane. The previous owner spent serious money on the property adding a substantial shed for a car collection. The sales agent was Helen Huntley Barrett from First National.
Byron Health Hub
The Byron Health Hub is now advertising for medically related business to take up leases in a new development. The site is on the eastern side of McGettigans Lane, Ewingsdale.
This medical and health precinct will now include the new Byron Hospital, and then the planned Ingenia Aged Care facility, then the Byron Health Hub. Leasing is being managed by David Gordon from Ray White REA.
Jonson St Dev Site Sells
Byron Bay Backpackers at 116 – 118 Jonson St Byron Bay has sold. The 4,287 sqm site has been family held for 37 years and was sold with no development approvals intact. It achieved a price of $18.55 mil with John Musca and Elliott O’Shea from JLL as the listing agent.
The next-door Mercato complex is already completed. It holds the new revamped Woolworths and the Palace Cinema. Next-door to that, the old Woolworths site to the north is under an EOI process and with plans for a hotel, and retail complex.
The next one is 90-96 Jonson Street. This site currently includes The Cellar Liquor Store, O’shushi, and other retail outlets. The 5,390 M2 block sold last March 2020 and settles on March 2021. The price is not yet public but apparently a lot more than the Backpacker sale as it had DA approvals and advantageous B2 zoning in place.
More Wategos Action
Another Wategos Beach property has sold for more than $16 million in an off-market sale. The Marine Parade property comes after the well-publicised sale next door at 35 Marine Parade. This was a North Coast high of $22 million to Rip Curl founder Brian Singer. The seller was Melbourne based businessman Rick Townsend who purchased it for $900,000 in 1994.
The buyers are Emma Gibson, head of Aquamamma pregnancy hydration solution, and her husband Robert Bates. Bates co-founded 7 Trinity Biotech. The company has a suite of health and technology startups.
The agent was Liam Annesley, who has left LJ Hooker Byron Bay and started his own brand, Byron Bay Real Estate Agency. He also sold WhaleWatchers at the eastern end of Marine Parade. It sold in the last days of 2019 for $12 million to Brett Whiteley art dealer Steve Nasteski. This was well down on the hoped-for $18.5 mil that it was originally listed for.
- A recent sale by Jeremy Bennett from Byron Property Sales just happened last month at 49 Brownell Drive for $7.5 mil. The buyer was former Mitre 10 boss Mark Laidlaw and his wife Sarah.
- There is currently only one listing in Wategos as we go to print. 45 Brownell Drive is a co-listing with Helene Adams at Atlas and Liam Annesley with Byron Bay real estate. The 3 bed 1 bath 3 story house is a bit dated on the outside but has had a recent interior reno. The asking price is $8 – 8.5 mil.
Bangalow Banger Of An Auction
This cute and interesting old workers cottage in Bangalow had a stellar performance at the auction on Feb 21. Admittedly, it was slightly underquoted in the marketing at $775,000. Spirited bidding by at least two keen buyers saw it reach a final $1,141,500. That is just over two-thirds increase in it is original price expectations.
Listing agent Michael Dodds from Elders Bangalow said it was one of the longest auctions he’d ever experienced with the bidding opening at $900K and going up in $500 increments. There were 13 registered bidders and 88 inspection parties over the three-week campaign,
$60 Mil will buy you ….
Anyone who was in doubt about where the Byron property market was heading should read this. 12 Bay Street, next door to the Byron Beach Hotel and across the road from the Byron Surf Lifesaving Club, is now in play. The developer Adam Hammond of Cavvanbah Projects, optioned the site last August for $30 million and expects to lodge the DA this month. Melbourne architect John Bornas from Workroom Design came up with the design concept and this is his fifth Byron project.
The team will be listing the property off the plan with Beauchamp Estates for 35 million pounds – that is around $61.3 million Australian dollars at the current exchange rate. ‘The Beach House’ is on a quarter acre block and looks onto Mian Beach. The Byron Beach Hotel next door recently sold for $100 million-plus.
The Design
The design concept features a main residence spanning 700 sqm of internal space, landscaped outdoor heated pool area, Japanese hot-tub, Finnish sauna, yoga pavilion, instant gas hot water outdoor showers and an outdoor kitchen and dining area with unobstructed views of the Pacific Ocean.
A second self-contained residence of 300 sqm with switchable private elevator access would allow the owner to accommodate visiting friends and relatives, holiday let or combine to form a total main residence of 1000 sqm.
Billionaires Wanted
Mr Hammond says, “Where else can a Hollywood A-lister walk from the surf straight into a restaurant or bar without shoes on and not be bothered for an autograph?” the advertisement reads.
Mr Hammond said the property was likely to attract more international interest, given its scale and price tag. “The sort of person who can spend just over $60 million Australian on a house, which realistically will be a holiday house, will likely have a net worth of at least half a billion dollars,” Mr Hammond said.
“The profile of this sort of person – they may be Australian – but likely not, as billionaires are fairly thin on the ground here. “These people prize exclusivity, bespoke builds and discretion over anything else. “For somebody in that league, this isn’t going to be their only address.”
The site is currently zoned mixed-use and could feature a combination of retail, commercial, and residential space. Apparently, there is already interest in leasing the ground floor restaurants spaces.
Some of this text in this article came from the Courier Mail and The Northern Star. More on this story is in the Market Watch link below.
Australia’s Most Easterly Shit Fight
A previous BPS newsletter mentioned how a number of old houses on the eastern end of Brownell Drive, Wategos Beach were about to be pulled down to make way for multi-millionaire beach shacks. The plans for one of them has already hit the courts and some locals have not been so chilled out and going with the flow.
Scott Andrew Didier runs a company with the questionable name of Trump Investments. He bought the first house on the eastern end of Brownell Drive for around $5 mil and then submitted a DA to the council. That was the start of the most easterly shit fight. The small enclave of only 84 lots has witnessed squabbling millionaires before, and will again, now that many some of the better homes are being priced at $20 mil plus.
The view is the money shot. Wategos is one of the few north-facing beaches on Australia’s east coast and a restricted view will seriously deduct value. The neighbours won on this one and Mr Didier was trumped and forced to take off a whole floor of the mega-mansion.
Council documents showed the property would have been three-storeys high with a four-vehicle stacked garage that included a lift. It also included a sauna, pool, powder room and several balconies. Mr Didier also owns the Beach Suites in Bay Lane, Byron which he purchased in 2018.
Hemsworth Holdings
The Hemsworth’s have sold their Alcorn St., Suffolk Park property. This was their home the while the couple built their $20 mil home at Seven Mile Beach. CoreLogic records show the property had been bought in July 2018 for $4.3m and sat in the name of Byron Bay 1st Property Management, with the previous sale price in February 2009 sitting at $2.75m.
A $4.9m transaction was recorded under the Hemsworth name on December 9 for a beachfront property in Suffolk Park, in the Byron Bay region, which was said to be where his family lived while their $20m mega-mansion at Broken Head was being built. This is the latest, but probably not the last, real estate transaction to have the surname of one of Australia’s most famous brothers on the deal.
New Unit Record
The two-bedroom unit in the Fortyfive complex in Lawson Street, Byron Bay achieved $3.75 mil. I think this sale last month is a new unit record. The property has been listed for some time by Byron Property Sales and was the last holding by the original developer. It enjoys a north facing aspect providing expansive views over Main Beach and down to ‘The Pass’.
292 Coolamon Scenic Drive, Coorabell
One of Byron hinterland’s premium property currently on the market – but soon to be sold. it is perched on the Coolamon ridge with perfect north 210-degree views from the mountains to Cape Byron. It sits on 55 acres that include natural bush and tropical rainforest.
The house is master-built with a pavilion-style floor plan spreads across three buildings offering three large bedrooms all with their own en-suites. It also includes horizon pool, media room and billiard room. As we send this out the property is under negotiation for between $15- 18 mil with Graham Dunn Real Estate.
Nick Scali Buys Koonyam Ridge
Head of the Nick Scali furniture empire now has somewhere to put his couch in the Byron Hinterland. Anthony Scali has paid $4.2 million for 53.4 hectare property in Wilsons Creek.
The house in Koonyam Range Road had been marketed earlier this year as a unique hinterland estate with Byron Shire’s best views. The three bedroom home has 270 degree panoramic views from the rim of the escarpment overlooking Mullumbimby and the bay.
It includes around 8,000 sqm of landscaped surrounds which include a 12 metre pool.
The pavilion-style home would not be to everyone’s taste as it is built from Oregon and blue stone and has the feel of a Swiss chalet.
The Byronian, Coopers Shoot
This 5.6 Hectare property on the ridge overlooking Suffolk Park is rumoured to listing soon. Currently owned by Deborah and Robert Wild of Evolve College, a Sydney based massage training centre, it was initially built by Tom Misner. Mr Misner is now back living in Byron after a stint in Europe. He is cashed up after selling the global educational facility SAE (School of Audio Engineering) for close to $1 billion. Music producer Misner built the SAE campus on Ewingsdale Road Byron as the HQ of many SAE branches around the world. He sold the Coopers Shoot property to the Wilds in 2014 for $7.9 million but they will be expecting a price between $20 – 22 mil this time around.
There is an interesting anecdote about this site before Misner bought it. An elaborate two-story home was built there in the 90s but was sited closer than the allowed set back from the ridge. The owner/builder owned a mill and took pride in using a range of local hardwood timbers. The owner knew he was outside the approved building envelope but intended to just pay the small fine of a few thousand dollars and move on. He moved on and never moved in. A local green activist heard about it and put a match to it one night as a protest. Ouch! That’s gotta hurt.
Ex-pat Creatives Buy in Suffolk
Another couple of returning ex-pats have washed up on the shores of Byron. Australian photographer Polly Borland and her husband, filmmaker and highly awarded commercial director John Hilcoat, have bought in Suffolk Park.
The couple emerged as the $2.1 million buyers of the quirky, modernist-inspired home in Suffolk Park that appeared on Grand Designs Australia last year. This home (pictured) was featured in a previous Hot Property edition.
The home was built by Mike and Megan Fishwick. Mike, a clothing designer, and Megan, founder of Feel Good Revolution took their inspiration from the internationally acclaimed 1951 Ludwig Mies van der Rohe-designed Illinois weekender for Dr Edith Farnsworth. They paid $645,000 for the 800 sqm block of land in 2017 in the Seacliffs rainforest estate developed by Jonathan Levy’s Unison Projects.
The couple lived in a caravan with their three children for almost a year while undertaking the project. The Foxtel LifeStyle channel presenter Peter Maddison suggested it was “a uniquely Aussie version of a modernist building”.
New owners, Borland and Hilcoat, resided in England until around 2011 and are returning from Malibu, California. Borland is a highly awarded photographer. Hilcoat, who directed the hit prohibition-era crime film “Lawless” starring Tom Hardy and Shia LaBeouf, has joined the creative collective agency Collider. He’s collected every major advertising award over his long career, shooting commercials for the likes of Nike, Apple, Samsung and Coca-Cola.
Lilli Pilli Drive
Lilli Pilli Drive is a small enclave south of Byron that is often overlooked by buyers and the market. With the rapidly rising market, this usually sedate and humble suburb is also seeing strong growth. There are presently two listings there that are in the mid twos.
43 Lilli Pilli Drive is listed as an EOI with McGrath and expecting mid twos. 69 Lilli Pilli is an unusual property with interesting architecture. It was built with an inner-city terrace in mind. The proportions are a lot more gracious than a normal terrace which would help excuse the sale price of $2.85 mil. IT was marketed by Tara and Denzil from First National.
More Rich List
The mystery purchaser of the $22 mil Wategos Beach property on Marine Parade is still managing to remain anonymous. Much gossip has been circulating on who the buyer was but the Sydney agent has being staying mum.
Not such a mystery anymore on the other big purchase of last month. Philanthropist and investor Tanya Carnegie paid $11 mil for Hillstone Farm, Fowlers Lane, Bangalow. Tanya founded Vasudhara, a social impact firm and charity as well as the Carnegie Foundation.
Tanya is an investor, social entrepreneur and the founder of Vasudhara. She started her career at McKinsey & Co., holds a degree in Human Sciences from Oxford University, and was a post-graduate at Sydney and Macquarie universities.
Clifford St Development Site
This beachside site of 4,100msq has 9 freestanding 2/3 bedroom units with a total of 21 bedrooms. Residential and commercial zoning provides the opportunity to redevelop.
This unique property is offered by David Gordon and Will van den Dungen via EOI which closes on 11th December at 5pm. If it lasts that long…
Hoarders House Sold
This hoarder’s home in Concord, Sydney changed hands for more than $3.41 million at auction during the month. The house looked un-inhabitable: bags of garbage were piled in the front rooms and the yard was strewn with car batteries, loose pipes and other junk.
Cleaners had come in weeks before the auction to clear up much of the mess but inside there were still stacks of outdated TVs, boxes, filing cabinets buried under cobwebs and a pile of loose doors. The eventual buyer did not even look inside as will pull down the house and build a new family home on the 1018 M2 site.
Talofa Tourism Cabins Approved
A NEW tourist accommodation development in the Byron hinterland has been given the green light. The 42-hectare property at 533 Bangalow Rd in Talofa has been approved as a new accommodation retreat.
The DA was lodged with Byron Shire Council in February. You may know the property as the home to an existing palm tree farm. Talofa Palms Pty Ltd applied for six tourist accommodation cabins, each with two bedrooms, a kitchenette and a plunge pool for each cabin. Councilor Basil Cameron had concerns about the on-site parking and the plunge pools use of water.
Units, Apartments and Man-caves
45 Lawson St, Byron Bay
This 2 bed, 2.5 bath, beachfront apartment is north-facing with expansive beach views. Double garage, lift access, fireplace, air-con, and underfloor heating. For a cool $3.75M, this is Byron’s most expensive apartment. Contact Vicky Innes of Byron Bay Property Sales to inspect.
6 Wollongbar St, Byron Arts and Industrial Estate
Promoted as a luxury ‘man cave’ in the Byron Arts and Industrial Estate, this industrial unit has sold for $748,000. It is understood this was a record price for an industrial unit within the local region. The identity of the buyer has not been disclosed. Developer Zac Potter of the Potter Group said the sale price highlighted the draw of up-market “man cave” or “she shed” properties.
139 Jonson St, Byron Bay
This new development on the corner of Jonson of Browning St. Byron was discussed in last months newsletter. These new units were snapped up in a matter of weeks and never really made it to the open market. Two-bedroom units were being sold around $1.1 mil.
Celebrity Update – November
Rumour Mill
Rumour #1) The gossip persists that it was Matt Damon who purchased the $22 mil Wategos Beach property last month. The listing agent is not divulging the buyer but insists it is not the Holiday A-lister. Damon has made multiple visits here with family and enjoys to hang out with his mate, Chris Hemsworth.
2) Circulating in the shire ATM is a rumour that Australian supermodel Miranda Kerr, married to Snapchat billionaire husband Evan Spiegel, has purchased in Byron Bay. There is no verification of this rumour but if it does come to light we will let you know. The former Victoria’s Secret model, 35, is expecting her second child with Spiegel. Kerr already has an eight-year-old son Flynn from her previous marriage with Hollywood A-lister Orlando Bloom
Verified sales
Pandora Jewellery founder Karin Adcock has bought in Suffolk Park. Adcock, who sold the Pandora company for about $100 million in 2012, has quietly paid $1,325,000 for a renovated 1990s home. (link for more below)
Former model, now DJ, Kate Elsworth and hubby Nicolas Blistene spent a tidy $1.25 M on a townhouse on the fringe of Byron. Elsworth has headlined huge dance parties in Ibiza. The couple spent $1.25 million on a townhouse in the Seagrove complex.
World’s Thinnest House For Sale
The ‘thinnest house’ in London has gone on the market in Shepherd’s Bush for £950,000. Just six feet wide in some parts, it is situated between two shops on Goldhawk Road and has 1,034 sq ft of internal modern space. Originally a hat shop, the property was converted into a five-storey property by fashion photographer Jurgen Teller — and it could now be yours. On the lower ground floor, there is a dining room with double-height glazed doors which lead to a leafy patio, plus a small kitchen with a dark green AGA and shaker-style cabinets. It has been inspired by a luxury yacht to make the most of its small space, so expect functional and practical nooks throughout.
Big Swell at Wategos
New Byron Bay Record
Its a sign of the times. 35 Marine Parade Wategos Beach was only listed for a few days and has set a new residential record. The five-bedroom, three-bathroom home has achieved close to the $22 mil asking price. This easily beats the last Byron Bay record, also on Marine Parade, of $18.85 mil. The property was listed by the recruitment industry veteran Geoff Morgan, co-founder of Morgan & Banks, and his wife Roslyn.
Michael Coombs was the agent who is based in Neutral Bay with LJ Hooker Lower North Shore Sydney. Rumour has it that the property was sold to Hollywood actor Zac Efron. Apparently, there were a number of A-list celebrities looking at it but the agents are not able to make the buyer’s identity public.
Other Watego Moves
Match Media founder John Preston and his wife Dee have paid $7 million for a two-story house on Brownell Drive. The house next door has been quietly picked up off-market for $5.25 million by Daniel Foggo, chief of non-bank lender Plenti.
Troy Daniel, the founder of boutique Hong Kong creative agency Bespoke Company, has bought on the same street for $5.25 million.
Wategos Beach is now firmly entrenched as a premium property hot spot, attracting the sort of money usually seen in Sydney’s high-end suburbs.
14 Palm Valley Drive, Wategos
This is a new listing with Jeremy Bennett at Byron Property Sales. The three-bedroom home on three levels faces east and has an interrupted ocean view. Looking for $4.9 – $5.25 mil.
Celebrity Catch Up
Goonengerry Road, Goonengerry
Australian actor based in LA, Jacob Elordi, has purchased a property Down Under. The 23-year-old Netflix star splurged just over $2million on this hinterland acreage in June, according to realestate.com.au. Surrounded by rainforest and sweeping ocean views with two Hamptons-style dwellings, the 5.7 acre property offers an oasis of peace and privacy.
Hemsworth Bros sell in LA
The genetically-blessed Hemsworth brothers – Chris, Luke and Liam – have listed their family LA crash pad for $6.7 million. Variety reports that the trio splashed $US3.45 million ($4.72 million) on the secluded contemporary home in Malibu, California in early 2016 after Chris, one of the highest-paid actors on the planet, and his Spanish model and actor wife Elsa Pataky decided to move their family from Los Angeles back to Byron. The Hemsworth brothers used the LA bolthole as a place where they could stop for industry events and professional engagements. But with younger brother Liam also with plans to build a home in Byron Bay, the three brothers have now decided to sell their joint venture – and look to make a tidy profit in the process.
Hillstone Farm, 46 Fowlers Lane, Bangalow
Sign of the Times #2: this excellent property just outside of Bangalow took 11 days to sell for $11 mil. Hillstone Farm is 60 acres which features two houses and a studio. The 7 bedrooms 6 bathroom property has magnificent 270-degree views over Byron Bay and the ocean.
I took a client to this property last time it was sold in 2016. At the time it was listed for around $2.5 mil. The new owners have added the second house and done lots to the landscaping. But that is still a good mark up in four years. Jeremy Bennett, From Byron Property Sales, was the agent and fresh from his success in selling Villa Gabrielle on Lighthouse Road Byron for $9 mil.
Sea Cliffs, Suffolk Park
This mid-century modernist-inspired Suffolk Park home has been sold by vendors Mike and Megan Fishwick. The unusual build was featured last year on Grand Designs Australia. Mike Fishwick is a clothing designer for a local street/surfwear label, and Megan is the founder of Feel Good Revolution.
They took their inspiration from the internationally acclaimed 1951 Ludwig Mies van der Rohe-designed Illinois weekender for Dr Edith Farnsworth. The 800 sqm building block was sold in 2017 for $645,000 in the Seacliffs rainforest estate developed by Jonathan Levy’s Unison Projects. First National Byron Bay agent Tara Torkkola achieved a $2.1 million sale, just under the $2.2 million price guidance.
The couple lived in a caravan with their three children for almost a year while undertaking the project. The Foxtel LifeStyle channel presenter Peter Maddison suggested it was “a uniquely Aussie version of a modernist building”.
The three-bedroom, two-bathroom house features an outdoor pool, entertainment deck, and a large carport. The kitchen, covered in handcrafted kitchen tiles, includes a cafe-style rangehood and spacious dining with a bespoke dining nook.
An Elemental Development
BYRON mayor Simon Richardson has used his casting vote to allow a proposed rezoning of coastal land to proceed to the state planning department for Gateway determination. The proposal for land at the northern end of Bayshore Drive, once home to a golf course and owned by Ganra Pty Ltd, went before Byron Shire Council’s planning meeting during the month.
It seeks approval for an Environmental Living (E4) zone to allow for nine residential lots and other environmental zonings to cover the 41-hectare site. It would mark the first application of an E4 zone in the Byron Shire. Jeremy Holmes, the development director for North Byron Beach Resort, asked councillors for their support.
Mayor Richardson said that he wishes there other things that could happen at this site. However, existing planning regulations make it most probable the development would pass through the Land and Environment Court. It is wise for the council not to waste ratepayers money fighting it.
60 Carlyle St Byron Bay
The Golden Grid in Byron keeps on keeping on. The blocks between Marvel, Massinger, Tennyson, and Ruskin contain more than just poets names. This classic old Qlder has had a magnificent and costly renovation prior to its last sale in 2016 for $3.025 mil. The back half of the block was subdivided and built on. Now the remaining house on 632 M2 has been sold for $3.6 mil by Christian Sergiiacomi and Brad Cranfield from Pacifico Property.
17 Stuart St Mullumbimby
This is a cute workers cottage in the sought after eastern side of Mullum. The four bedrooms include one out in the back lane, which could easily be self-contained. Still needs a bit of work to bring out the extra character but has lots of potential. Listed with Heidi Last at McGrath and will go to auction on the 7th of November.
8532 Tweed Valley Way Tumbulgum
Have a look at the character – and price. Best to go a bit further out to pick up bargains these days. This 3 bedroom 2 bathroom Queenslander faces the river and sits on 1488 M2 of land. I am sure flooding an issue here though which will explain the price. But looks like it has plenty of height to stay above the worst of it. $585,000 from Elders Tweed Valley.
What does $700k buy?
Valuation firm HTW has done some research on what $700,000 will buy in two separate locations. Clarence Valley, Lismore, Kyogle and Casino are not in the overheated region of Northern Rivers. These areas are still seeing more market interest than usual as they are also experiencing COVID refugees. This is also a prime investor market. Many people are not comfortable in the stock market and very little interest is happening with the banks or managed funds.
139A McAuleys Lane, Myocum
This property on 9 acres in Myocum has many attributes. It is very private and has excellent ocean views to the east. Surrounded by tall gums and natural bush it is secluded and no traffic noise. The house itself is less than 20 years old but has just had a well-done refurbishment. Four bedrooms three bathrooms and a four-car garage/shed. Damian Smith from Ray White Byron Bay is looking for around $2,65 mil.
Cape Byron Retreat, Prestons Lane Tyagarah
144 Lighthouse Road, Byron Bay
“Spa King” Eddie Phillips has finally sold his luxury property overlooking The Pass in Byron. Villa Gabrielle is a three-bedroom home on three levels with expansive views from massive decks and horizon pool. Phillips would have been the vendor from hell for the conga line of agents who have all had the listing for the past 16 years. Each time a buyer would make an offer, he would put the price up again. He finally achieved $9 mil after first listing it in 2004 for $4.5 mil. It was a beach shack in 2002 when he bought it for $2.36 million and commissioned architect Alan Mitchell to design the three-story house to make the most of the ocean views to Mount Warning. It had a rental fee of $20,000 a week. Jeremy Bennett from Byron Bay Property Sales was the lucky agent who finally collected this well-earned commission.
Big Sales: The Farm, Bower Hotel and more
The Farm, Ewingsdale
Publicans Fraser Short and Stu Laundy are the new owners of the Farm. The successful venture just off the highway in Ewingsdale was only recently rumoured to be for sale. The new owners intend to keep he successful formula developed by Tom Lane and his wife Emma. Speculation is happening on what the Lanes will be up to next. The price tag of $20 mil was in the air but gossip has it that $16 mil was the final price – but apparently, “everyone is happy”. The Lanes are also the owners of The Range, where Nicole and Keith are staying while filming here. (More in Around The Traps)
The Bower Hotel, Bangalow Road, Byron
This newly renovated Byron Bay boutique property was reported as sold for $18 mil. The actual sale price was $15 mil. This is the first genuine hotel transaction during the pandemic and it has been a morale booster for the whole Australian hotel industry. Sein Lowry, from the Arts Factory, and Byron Bay emergency physician Blake Eddington listed it in January for around $20 million. Gold Coast-based Guok family were the purchasers. The former motel opened last year following an extensive New York-inspired makeover. Watch out for a similar transformation to be happening at the Sunseeker Motel just down the road. This sale follows on from the recent sale for $42 mil for Byron at Byron.
Byron Bay Holiday Village
One of Australia’s first purpose-built backpackers, the Byron Bay Holiday Village, has hit the block in Byron Bay with price expectations of up to $20 million. The property, located at 116-118 Jonson Street, is among the last significant multi-story developable sites in the centre of town. The 4,282sq metre site, shares the same zoning as the adjoining and recently completed Mercato on Byron development and is being handled by JLL’s John Musca and Elliott O’Shea. This is the same team that negotiated the Byron Bay Beach Hotel sale for $104 mil last year.
Recent Sales
6 Kennedys Lane Ewingsdale
This was a four-bedroom home on five acres. It was listed for $1.1 mil, mainly because it is seriously affected by highway noise. If it was anywhere else it would have been listed at a higher price. But the road noise was still not a negative factor for more than a few buyers. I was the BA on this one for a client and it became a pile on with multiple bidders aggressively vying for the property. It ended up selling for higher than the quoted price. I am relating this to indicate what the market is like out there. A lot of my skills these days involve insuring against competitive bidding that is stressful and ultimately expensive.
272 Arthurs Road, Corndale
This property was a trustee sale on 35 Ha. It was in disrepair and needed a lot of work. There was lots of interest when I went to inspect but the auction went over and beyond expectations. It was expecting $1-1.1 mil but went to $1.65 mil. Way above expectations. Apparently the buyers had sold their property and just needed somewhere to live.
3 Alphadale Road, Lindendale
The wooden church with 1 bedroom and 1 bath that I mentioned last month was passed in at auction. Price guide is now $800-850k. It is on half an acre with a full kitchen and parking.
107 Eureka Road, Rosebank
This was a delightful newly renovated character home in the Byron Hinterland. Three bedrooms with a renovated studio on 84 acres with terrific rural views. It had a big turnout at the auction and multiple bidders. The quoted range was $1.5 but managed $1.72 mil on the day.
59 Centennial Circuit, Byron Bay
This newly renovated manager’s quarters in the Byron Arts and Industrial estate just sold for $1.8 mil. A Sydney buyer looking for a regular coastal getaway snapped it up. The agent was Braden Walters from Belle Property Lennox/Byron. He was promoting it as unique and a precedent for this type of property. That was incorrect as a very similar property, also with a contemporary warehouse renovation was sold early last year. This one featured a grand internal staircase and was the resident of illusionist and entertainer Chayne Hultgren, AKA the Space Cowboy.
Hinterland Way, Bangalow
This is a grand old manor house circa 1904. I inspected this home and loved it the last time it was for sale some time ago. It has 14 feet ceilings, french chandeliers, multiple lounge rooms, four large bedrooms in the main house, extra cottages and guest quarters, and a fully equipped gourmet kitchen. Plenty of room for a pool and tennis court on the 20 acres. Contact Janis Perkins at Real Estate of Distinction and we are talking in the vicinity of $8-9 mil.
254 Old Byron Bay Road, Newrybar
Braden Walters from Belle Property is also the listing agent on this very expansive property. The five-bedroom, five-bathroom pavilion style home sits on 26 acres. The ridgeline escarpment offers expansive views to Broken Head and Lennox. It has a saltwater swimming pool, billiard room, orchards and large machinery shed. All you need for a relaxed covid escape. Looking for mid fours.
461 Goonengerry Road, Montecollum
This house has one of the best rural views I have ever seen. Once on the same property as the Crystle Castle, Crystle Estate is two stories, four bedrooms, and multiple decks to take in the fabulous view. It is on 17 Ha of land and a long winding driveway. The purchaser of this property will have a lifetime’s free entry to the Crystal Castle as the back gate enters into this well known local attraction. Listed with Braden Walters at Belle Property at Lennox Heads. Thinking of around $3.5 mil.
Off Grid Back to Nature MO Share
144 The Warra Willow, Burringbar is 1/7th share a 150-acre property. “Blue Quandong” was set up in the 1970″s as a Tenancy in common. There is clean and pure spring water on the land and two gravity-fed water tanks supply your home with pure drinking water. It is completely off-grid and is a large open plan loft-style structure with one bedroom. The price tag is $529,000.
3 Alphadale Road, Lindendale
This property is a 100-year-old wooden church between Lismore and Alstonville. It sits on half an acre and includes a commercial kitchen, high ceilings, all wood paneling, a large car park, and a loft-style apartment. Be great little business like a restaurant or wedding venue. Will be going to auction on August 22 with McGraths Ballina
Cloudview, 107 Eureka Road, Rosebank
This is a bit of a classic. Rustic renovated farmhouse on 90 odd acres. Comes with macadamia trees and a separate studio for ongoing income. Going to auction with Greg Price with Byron Bay First National on Saturday 29th of August.
131 Goremans Road, Eureka
Have a look at this one and dream. Three character residences on 88 acres. Eight bedrooms and five bathrooms in all, DA approval for a pool. Income-producing macadamia. Trent Stana at Bangalow Real Estate with hopes for over $4,100,000.
784 Coolamon Scenic Drive, Coorabell
This property is causing a bit of a fuss as the owner put it back on the market as soon as it got its Development Approval. It is vacant land but includes DA approval for a restaurant and rural dual occupancy (two full houses). The neighbors are a bit concerned about the rural peace and quiet being broken. It is beside Scarabolotti’s Lookout which has already had ongoing disturbances from illegal campers. Listed with Nick Dunn at McGraths and currently asking $4,250,000.
Couple of Cheapies
1/14 Keats St, Byron Bay
Not often I see something for sale in Byron Bay this cheap. A two-Bedroom unit in Keats street for $720,000. Keats st is in a good location and walk to town. This unit is the one on the street but has a north aspect. Listed with Harcourts
6149 Tweed Valley Way, Burringbar
This is a good entry-level option for an FHB or investor. 3 bed 1 bath basic house on a 986 block of land. $449,000 with Elders Brunswick Heads.
7/293 Wharf Road Goodwood Island, Yamba
This is a 1 bed 1 bath original fisherman cottage on leased land. The purchase cost is $85,000 for the cottage and lease of land is $65 a week. Cannot be expanded or rebuilt. Has river views. Contact agent down below
Vacant Land in Byron Bay
How much is a block of land in Byron Bay these days? This one would give you a good idea. This one is in the Seacliffs estate, inland from Suffolk Park. Has a view on to trees and is 1153 square metres. Nick Dunn from McGrath’s Byron Bay is asking $785,000.
At the other end of the scale is a block of land in Border Street, Belongil Beach. 751 M2 with a short walk across the dunes to Belongil Beach. Yours for only $2.25 mil.
Celebrity Corner
Matt Damon not here
Early last year there were rumours that Matt Damon was buying a property in Byron to be near his mate Chris Hemsworth. He did make an extended visit and stayed at a luxury rental in Owenia Way, Broken Head (pictured). Instead, the leading man just purchased in Brooklyn Heights, a not very upmarket area in New York, and upset his new neighbours. He closed the street off for the whole day, while a crane lifted furniture and plants up the 14th-floor apartment.
Nicole Also Buys in NY
Good to hear that “Our Nicole” will be spending some time in Byron Bay Shooting her new series Nine Perfect Strangers. She and hubby Keith Urban have just purchased a two-bedroom New York City apartment for US $3.5 million.
The couple already have properties in Los Angeles, the Southern Highlands, a farm in Bunya Hill, a penthouse in Sydney but spend most of their time in a mansion in Nashville. Nicole started her property ladder ascent with a one-bedroom apartment in Mossman while still a teenager in the 80s.
Who is Zac Efron?
I had to ask my daughter who is Zac Efron and why I should care. The star of big Hollywood movies like High School Musical and a current heartthrob has been laying low in Byron to wait out the COVID crisis. He has been spotted in only a few local haunts but mainly the new and very trendy General Store.
The Bangalow Road, Byron venue has its own “trendy” quota as it is owned and run by a member of a globally successful band, Parkway Drive. Yes, so named as the garage where the boys first thrashed their axes in was in Parkway Drive Ewingsdale. Byron Council has stopped putting up street signs as they are quickly harvested as momentoes.
Uki
I had someone call me and ask why I never mentioned Uki in Hot Property. They are absolutely right and this fabulous little town between Murwillumbah and Nimbin certainly needs a mention. What a great place to live. Shame that the classic old pub burnt down a few years ago but still well worth a visit.
98 Doon Doon Road, Kunghar
This property is just west of Uki. It is a solid but funky four-bedroom home, pool and two studios. It sits on 42 Ha (around 100 acres) and the asking price is $1.5 mil. Has lots of infrastructure and potential for tourism/ eco-farm stay. Listed by First National Murwillumbah
36 Mitchell St Uki
This historic old character home in the heart of Uki is for sale. Only two-bedroom but views to Mount Warning and on an 847 M2 block. $498,000 with First National Murwillumbah.
Gyngell sells in Sydney, stays in Byron
Former Channel 9 boss David Gyngell and his television presenter wife Leila McKinnon have sold their Sydney home in Dover Heights. The couple spend most of their time in the Byron Bay hinterland these days. According to Property Observer, they have an ‘extensive Northern Rivers tourism property empire’.
David Gyngell is the son of the late, legendary Channel 9 boss Bruce Gyngell. Gyngell Senior is known as the ‘Father of Australian TV’. With the words, ‘Good evening, and welcome to television,’ he literally introduced TV to the Australian public when Channel 9 first went to air in 1956. David Gyngell also had a brief moment of notoriety when photographed as one half of a big boy Bondi brawl with ex-close friend, James Packer. The view of the Pacific from the deck of the St Helena Drive Shoot home will be more peaceful than that kind of carry-on.
Brunswick Victoria, Not Brunswick Heads
In 2013, Beyonce was in Melbourne and shot the No Angel video clip in front of this old workers’ cottage in inner-city Brunswick (see main pic above). The power of celebrity being what it is, the house has been famous ever since and been the subject of memes, GIFs, posts, and assorted social media images since then. The elderly gentleman who lived there was paid $300 to shoot outside of 20 Beith St. In 2016 it was bought for $650K and completely renovated. It was relisted and sold in May with a price guide of $1.2 – $1.3 mil.
Swedish Village For Sale
With top-end Byron shire properties now reaching $10 mil pls, maybe its time to look further afield. The Swedish village of Sätra Brunn is only an hour and a half north of Stockholm and is for sale for $7 mil USD. It is a spa town built in the 18th century and complete with a church, a school, a hotel, and has a bottling operation to market its own local spring water. The 15 residents who have been managing it have now decided to throw in the towel (and the sauna twig) post COVID.
Atlassian is Coming
As you know Byron has been discovered as a Work from Home Hub for IT professionals. There are more than a few here already from Australia’s own version of Google; Atlassian. In keeping with the global software company culture of ecological sustainability, their new headquarters will be a 40 story building made primarily from wood. It will be the world’s tallest commercial hybrid timber tower and will host its headquarters. It will be located next to Sydney’s Central Station. This district between Redfern and Central is developing in Australia’s version of Silicon Valley.
HTW Punts Byron for Granny Flats and Renos
Herron Todd White’s latest residential report has focused on two areas of Byron Shires’ property market and one negative. The negative example is no longer relevant as they were comparing February listings with April sales. The opportunities it highlighted were also options that are well accepted locally. Buying well and doing a renovation has a potential upside if you keep within budget. Also, it pointed out that the ability to get approval to build a studio or granny flat has the potential to provide an 11% return. You can read more about the bleedin’ obvious here. But also take note of Byron Council’s approval moratorium in the ATT article, advising against building additions that are not council approved.
Friday Hut Road, Binna Burra
Australian cricketer, Adam Zampa, has purchased a rural property in Binna Burra for $2.56 mil. The land is 24 hectares and includes a century-old Queenslander and surrounded on three sides by Byron Creek. Zampa is a star of Twenty20 cricket who escaped to Byron for the pandemic. The agent for the sale was Peter Yopp from LJ Hooker Byron Bay.
The vendor of this property also has an interesting back story. Paul Benhaim is possibly Australia’s leading authority on the cultivation and distribution of hemp and marihuana products. His USA company Elixinol just launched on the New York Stock Exchange and the local company, Nunyara Pharma, is doing its best to lobby the Australian government and regulatory authorities to change their outdated and ill-informed opinion of the dreaded weed. Paul is equally at home selling hemp seed supplements at the Mullumbimby Farmers Market as he is with mixing it up in New York boardrooms. You can visit the hemp foods showroom/HQ in the Bangalow Industrial Estate or visit the website here.
Nimbin Options
Why is it when anyone mentions marijuana one’s thoughts immediately turn to Nimbin? The country town just over an hour west of Byron is often overlooked in the property stakes. BPS has continually picked it as being undervalued but with this one, I seem to be backing a stoner. Its prices have continually failed to get high and keep running out of puff. But with the flight from the city and the demand for acreage on rolling green hills, maybe its time to have another look at the joint.
Lot 27 ‘Blue Springs’ Blue Knob, Nimbin
Too good to last. This one just went under offer for a price of around $265,000. 5 bedrooms, 2 bathrooms, 2 car garage on 2 acres as a share on an MO (Multiple Occupancy). Would be a euphemism to say that it needing some work. Have a look at the photos here and imagine a different life.
85 Lillian Rock Road, Lillian Rock
Quaint and funky, this three-bedroom, one-bathroom cottage is on 8 Ha and is 9 km out of Nimbin on the Gold Coast Road. House is a reasonable Queenslander and should have some upside at $530,000. This is on a freehold title and the front verandah looks to be a perfect place to enjoy your choice of relaxing supplement.
Mullumbimby Makes The News
Once again the so-called, “laid back hippy town of Mullum” is in the news. The Financial Review piece on June 22nd highlighted a few recent top-end sales. One of them, the $2.95 mil sale of world championship surfer Wayne Lynch to antique dealer Geoffrey Clark from The Country Trader. We were the Buyers Agent in this deal and Ruth Russel from Mullum Professionals was the listing agent. So let’s look at a few Mullum properties.
31 Queen Street. Mullumbimby
This is a former church in Mullum that is begging for a makeover. The land is almost 1500 M2 but is mixed zoning. The structure is difficult and needs lots of work but for the right person who can fix the zoning and make a mixed-use dwelling and business, it would be excellent. Hard to value but probably around $850- 900K, with James and Vanessa at Byron Bay First National.
Various Mullum suburban houses
There are a number of reasonable homes for sale in Mullum town that are getting a fairly high level of interest. All are in $800- 900K range: 22 Garden Ave, 34 Main Arm Road, 1 Hottentot, and the cheapest in mid 7s is 33 Queen st. BPS is also aware of a very attractive off-market sale in Mullum as well if you wish to contact us.
1, 81B Rajah Road, Ocean Shores
This brand new duplex in Ocean Shores is going to auction if not sold before. 3 Bedroom 2 bath and 2 LUG. There is a price guide of $795,000 – $865,000 on unit 1 and $895,000 – $965,000 on unit 2. Listed with the Todd and Gary at Byron Shire Real Estate.
490 The Pocket Road, The Pocket, NSW
This property has two houses, 6 bedrooms, two bathrooms on 35 Ha. The pocket is a beautiful valley west of Billinudgel. Listed with Paul Eatwell at Mullumbimby Professionals and looking for $2,195,000.
Skinners Shoot, Byron Bay
BPS also has a lookout at Skinners Shoot which is just west of Byron. Properties here have not been cheap for some time, but now with the bypass about to be completed, I think it will have renewed interest. It is rural but still only five minutes to town and Byron beaches.
310 Skinners Head Road
Three dwellings on 1.28ha. the main residence offers 6 bedrooms, all with ensuites and built-in robes. The cottage has 3 beds and 3 baths, complete with laundry. The final residence is a self-contained studio apartment. Liam Annesley is listing this property.
320 Skinners Head Road
This recently refurbished 4 bedroom home sits on 1.2ha. The home offers 3 ensuites, a family bathroom, tennis court, infinity pool and large outdoor entertaining area boasting views of the hinterland and Mount Warning. Vicky Innes from Byron Bay Property Sales is selling this one for $4.2m
Coffs Harbour
National property researchers, Herron Todd White is predicting growth for Coffs Harbour. “The Pacific Highway bypass is expected to start at the end of 2020. It will have a significant injection into the local economy and increase short to medium term rental demand,” the valuation firm said.
The region to the south of Coffs Harbour encompassing Urunga, Valla, Valla Beach, Nambucca Heads and Macksville have all experienced a surge in activity over recent years driven by the Pacific Highway upgrade between Warrell Creek and Raleigh seeing strong rental demand and buyer demand under $650,000.
Tallowood Estate, Mullumbimby
Only two releases left at Tallowood. There are now a few resale blocks from the stage 7 release from earlier in the year. These will be ready to build on at the end of the year. Contact Adam Mangleson at Chincogan Real Estate.
EPIQ, Lennox Head
This popular subdivision in Lennox Heads is now releasing stage 5. Blocks are around 600 M2 and start at $400,000. The settlement will be later in the year. Contact Michael King at Elders Lennox.
Lot 6, 105 Keys Road, Coorabel
This is the last available lot in the small seven lot community title development in Coorabell. It is just over two acres and asking $890,000. Contact Greg Price at Byron Bay First National.
212 The Manse Road
193 acres of land with expansive views of the hinterland offers lots of potential. This property can be developed for a new home, used as a working farm, or be subdivided into two titles as approved by the council. $1.9 – $2.7mil from First National Byron.
136 Midgen Flat Road, Newrybar
3 bedroom brick house, as well as three other buildings, combine to make 5 bed and 3 bath total, on a fully fenced 2.5ha block. The property offers privacy and views to the north and south but just misses out on ocean views to the east. It also has a power line and unused easement running through it. Michael Gudgeon of Ray White Byron Bay is offering this property for $2.1 – $2.3 mil.
118 Broken Head Road, Newrybar
5 beds and 3 baths on a sloping 2 ha block features a large outdoor entertainment area as well as a saltwater pool. This property includes a self-contained 1 bedroom unit (unapproved) ideal for guest or granny accommodation and garage space for 4 cars. Valued at $1,995,00 – $2,100,000 offered by Damien and April of Ray White Byron Bay.
171 McAuleys Lane, Myocum
This property was interesting as it was the first that I have seen post-COVID go to an online auction. The property was listed online using an app called Openn Negotiation that allowed bidders to register bids online. The bidding closed on Friday and the property was passed in after not gaining the reserve. 4 beds and 3 bath on 1.68ha with mountain views from the front verandah as well as views of Byron and the lighthouse from the back. The property is still a bit messy with a number of containers that can be removed or used as storage.
37 Myocum Downs Drive, Myocum
4 bed 3 bath home with 3 garage spaces features a northerly aspect on an approximately 5.7 ha block. This property also boasts many unique additions such as separate garage space that has the potential to be renovated into a studio. Janis Perkins of Real Estate of Distinction is selling this property for $2.6 – $2.75 mil.
1418 Eltham Road, Teven
Still a big fan of Teven and Tintenbar area. Its beautiful country and after the highway was completed it is only 35 minutes to Byron. Prices are still a bit cheaper. This property is a renovated brick and tile home on 6.6 ha. Four Bed 2 Bath and lots of water. It has two permanent creeks and a natural spring. Mary O’Conner at Bangalow Real Estate and thinking around $1.4 mil.
35A Blackbean Road, Wilsons Creek
This is a very interesting bolt hole for someone wanting an attractive escape. Its only two bedrooms but lots of infrastructure and potential on 12 acres. The owner who built this is a craftsman with a good eye. The design and aesthetics are modern and interesting, coupled with the fantastic natural landscape, creek frontage on Wilsons Creek, this is an interesting package but some of the structures are not fully approved. $1.55 mil with Ruth Russel at Professionals Mullumbimby.
6 McGregor St Suffolk Park
A fixer-upper in beachside Suffolk Park. This area keeps going from strength and strength and is popular with young families wanting to be close to the beach. Its only two-bedroom and needs lots of work. The $1.45 mil is mainly land value. Contact David Gordon Byron Bay Ray White.
48 Shirley St Byron Bay
This is for someone looking for a project. The 4 bed 2 bath house is set on 1012m2. It provides privacy and has back lane access. That means it can be subdivided and another dwelling at the back. Council is allowing more in-fill development and these dual blocks are being snapped up. as well as a short walk to town or the beach. Valued at $2 – $2.5mil, Ed Silk is offering this property at auction on Friday the 12th of June at noon.
1 Tongarra Drive, Ocean Shores
This 3 bed, 3 bath, family home is on the ridge looking north over Ocean Shores and the sea. The property is for sale by Todd Buckland at Byron Shire Real Estate and they are looking for $950,000 – $1,020,000. It would be a lot more money if it was not affected by highway noise.
5 Osprey Court, Byron Bay
5 Osprey Court is a classy Bali-influenced home in Byron and close to Tallows Beach. It is pavilion-style so not a family home so is having a bit of trouble selling. Four beds, four bath, and double garage. Price reduced to around $2.3 mil with Nick Russo at Ray White Byron Bay.
Linnaeus Estate, Broken Head
Back in the 90s, this 111-hectare property just south of Broken Head (pictured in feature image) was rezoned as an educational conference centre. It was fairly obvious that it was a ruse as it was always planned to be some kind of accommodation facility. It was an easier pathway to brand it under education. The managing trust is now wanting to complete the 33 dwellings, of which 20 are already done. Could be a good earner is one of the original properties is now listed for $4.5 mil.