Queenslander at Federal, Byron Bay hinterland sale

Queenslander at Federal, Byron Bay hinterland sale
Queenslander at Federal, Byron Bay hinterland sale

Anytime Fitness co-founder Jacinta McDonell, who oversees a gym empire of 420 clubs in Australia, has bought Ammamead, a Byron Bay hinterland retreat.

Its a charming classic white Queenslander home on a compact 9000 sqm holding at Federal.

It had been a holiday rental that had consistently yielded over 6% gross with 55% occupancy over the past few years.

But perhaps the clincher for the $2.1 million purchase through Unique Estates agent Nicolette van Wijngaarden was the separate studio which had just been renovated into a health and fitness area with bathroom. 

Ammamead, with an award-winning contemporary extension, was initially renovated around 2001 by architect Sharon Fraser and her builder partner, Steve Esson after the Queenslander had been transported to the property in the 1980s.

Recently refurbished into a luxurious yet relaxed retreat, it comes with a 16 metre salt water inground lap pool.

Jacinta McDonell and her co-founder brother, Justin, have always been involved in the fitness industry, having parents running fitness clubs.

It was in 1992 when they opened their first gym soon out of high school, launching the Anytime Fitness in Australia as master franchisors of the American fitness brand in 2008.

Anytime Fitness Australia has the largest group of clubs outside of the USA, starting with the first club in Gunnedah.

She was recently on Necker, Sir Richard Branson’s private island, as part of the Business Chicks Virgin Unite trip where she spent time with Marianne Williamson, the internationally acclaimed spiritual author.

She lives in Balmain in a cottage bought last spring for $3.3 million through McGrath agent Cindy Kennedy.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Property market Residential Sale

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