More Melburnians buy the best in Byron Bay

More Melburnians buy the best in Byron Bay
More Melburnians buy the best in Byron Bay

Another Melburnian, businesswoman Penelope Maclagan has emerged as a prestige Byron Bay buyer.

She's behind the $5.6 million purchase of Seregenti on the exclusive Lighthouse Road.

It was sold by Unique Estates Ruth Gotterson and Nicolette van Wijngaarden in conjunction with Byron Bay McGrath's Ian Daniels and Nick Dunn

She bought the four bedroom home overlooking the ocean in August for the joint biggest sale in coastal suburb this year.

Set on 713 sqm, the luxury home features an abundance of terraces and a salt water swimming pool with poolside accommodation.

Penelope co-founded in software company Computershare, ranked among the 10 richest Australian business woman.

Maclagan has listed her Byron Bay apartment with a price guide of $1.6 million to $1.65 million through Byron Bay McGrath.

Last year spa king Eddie Phillips sold on Lighthouse Road for $6.3 million to Melbourne based businessman Mark Ruff.

The home, Villa Natasha Bonita, has five bedrooms and five bathrooms.

Earlier this year Real Estate of Distinction agent Janis Perkins sold Wattai at Watego's a renovation by Grand Designs host Peter Maddison.

The acclaimed architect spent two years renovating the luxury Byron Bay Beach house, which sold for $5.6 million to a relative local.

It was sold by Melbourne property developer Allan Sinclair, the father of Sydney Swans footballer Callum Sinclair.

The most striking feature of the four bedroom home is the 183 sqm rooftop terrace complete with 10 person spa.

In 2011 Sussan fashion chain executive chairwoman Naomi Milgrom, usually dubbed Victoria's richest woman expanded her Byron Bay holdings. She spent $6.2 million to buy the 1200-square-metre property adjacent to her $4.75 million acquisition in 2007. It took her hillside holding to 2130 square metres.

Milgrom's 2007 purchase was from the Melbourne-based Asciano boss Mark Rowsthorn, who had bought the property in 2002 for $2.825 million from John Weller, the former Melbourne solicitor who made international news when he won the first case of child maintenance for a man in the 1970s.

Rowsthorn upgraded to Marine Parade, Wategos, where he paid $6.2 million in late 2006.

This article was first published in the Saturday Daily Telegraph.

Byron Bay Residential Market

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