Marine Parade, Wategos Beach trophy home with $200,000 annual rental income

The London-based chartered surveyor Charles Lee visited Byron Bay when visiting during the 2003 Rugby World Cup and decided to purchase at Wategos Beach.

The Lees are selling their home at 5 Marine Parade.

Comprising a main residence and an adjoining villa – which, combined, generated nearly $200,000 in gross holiday letting fees last financial year – the property is a two minute stroll to family-friendly Wategos Beach and the Cape Byron Nature Walk.

The main residence boasts three bedrooms, including an expansive 8.2m x 5.1m master with double walk-in robes. Two bedrooms in the main residence both have ensuites while the third bedroom jointly accesses the main bathroom.

The Marine Parade property has a price guide of $6 million to $6.5 million through Tony Farrell and Liam Annesley at LJ Hooker Byron Bay.