Sydney Roosters forward Aidan Guerra buys in Byron

Sydney Roosters forward Aidan Guerra buys in Byron
Sydney Roosters forward Aidan Guerra buys in Byron

Sydney Roosters forward Aidan Guerra has paid $830,000 for a Byron Bay retreat.

It's an investment for Guerra, who is set to join the struggling Newcastle Knights in 2018 having signed a three year deal last month.

He's secured an $850 a week rental, reflecting a near 5.5 percent yield. It income falls just short of the median Byron Bay weekly rental price of $900.

The 1985 built home is set in 620 sqm of landscaped gardens and has four bedrooms, two bathrooms and a large private yard on its 620 sqm block.

It has been renovated since last sold for $556,000 in 2013.

The much traded home has had six different owners since the turn of the century including Saint Philomena Crystal Rainbow Tear Freedom Sword Martin-Wild-Ocean-Dreamtime.

It went backwards in price in 2005 when it was picked up for $387,000, having previously sold for $440,000 in 2002.

Byron Bay Ray White agent Michael Gudgeon sold the home pre-auction.

It's Guerra's second investment, his first a lot closer to home. His first purchase was a one bedroom garden apartment in Queens Park, close to the Roosters Allianz Stadium.

That cost $965,000 in 2015 and was leased last year at $600 a week. 

This article first appeared in the Sunday Telegraph newspaper.

Tags: 
Byron Bay Aidan Guerra

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