Former JB Hi-Fi CEO Richard Uechtritz buys Australia's most easterly home

Former JB Hi-Fi CEO Richard Uechtritz buys Australia's most easterly home
Former JB Hi-Fi CEO Richard Uechtritz buys Australia's most easterly home

Richard Uechtritz, the former managing director at electronic retailer JB Hi-Fi, seems set to create a Byron Bay compound.

Spending $4.17 million, he's bought Australia's most easterly home on Brownell Drive overlooking Wategos Beach.

The property adjoins his current Byron retreat which cost $6.5 million in 2007. Now he has 1,435 sqm.

LJ Hooker Byron Bay agent Liam Annesley secured the sale. 

Uechtritz was the boss at JB Hifi from 2000 to 2010 before stepping down and joining Seven Group Holdings.

Former JB Hi-Fi CEO Richard Uechtritz buys Australia's most easterly home

Love & Hatred jewellery designer Giovanni D'Ercole returned recently to Wategos paying $4.3 million for a hillside Christine Vadasz-redesigned 1960s timber-clad cottage.

D'Ercole has been up in the Byron Bay hinterland in recent times.

Wategos last beachfront reserve sale when when Melbourne-based former Swisse Vitamins owner Stephen Ring bought from the art collector and onetime Skilled Engineering group boss Greg Hargrave.

The oceanfront reserve property had been on and off the market for seven years before its recent sale through Byron Bay property agent Vicky Innes.

Whalewatchers with its dress circle position overlooking Wategos Beach has been listed by the Sydney-based Salmat co-founder Peter Mattick and his wife Pam who have enjoyed the ocean views for 14 years.

Set on eastern end of beachfront Marine Parade, the home is spread over two levels with a central pool.

The Mattick's bought the 803 sq m holding property in 2004 for $3.9 million before commissioning architect Tim Moon. No expense was spared on its finishes including copper, basalt stone and spotted gum floor that integrate the house. 

Listing agent Liam Annesley, of LJ Hooker Byron Bay, says a property like this "is nearly impossible to find on the east coast of Australia."

He's hopeful it will break the $15.68 million record set in 2006 by the house at the other end of the parade, which was bought by property developer Danny Goldberg who seeks $25,000 a week rental for Wategos House. 

This article was first published in the Sunday Telegraph. 

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Title Tattle Byron Bay

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