Developer Phillip Wolanski yet to sell Wategos Beach retreat

Developer Phillip Wolanski yet to sell Wategos Beach retreat
Developer Phillip Wolanski yet to sell Wategos Beach retreat

Sydney property developer and former BRW Rich Lister Phillip Wolanski has yet to sell his hillside Wategos Beach holiday rental property.

It failed to sell at auction last weekend.

The 10 Palm Valley Drive property was bought in 2007 for $3.4 million from Byron Bay Golf Club director Brian Corrigan.

It was co-owned with stockbroker and developer Lance Rosenberg, who sold out his stake late last year for $1.1 million.

The three-level, four bedroom holiday home rents out for more than $5500 a week during peak season. It last came up for sale in 2012 with a $4.5 million asking price

There's approval for a grand home with a swimming pool. 

Tags: 
Holiday Home Wategos Beach

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