Byron Bay record broken with near $22 million sale

Byron Bay record broken with near $22 million sale
Joel RobinsonDecember 7, 2020

Byron Bay's hot property market has continued its bull run, with a Wategos Beach home reportedly smashing the township's price record after less than a week formally on the market.

The luxury home at the pricey end of town secured just shy of the top end of its $20 million to $22 million guide.

The Marine Parade property was listed by the recruitment industry veteran Geoff Morgan, co-founder of Morgan & Banks, and his wife Roslyn.

It was a second record for the home, which topped the Byron Bay price charts when the Morgan's bought it for $1.24 million in 1994.

They had architect Timothy Moon redesign the home on the 665 sqm, toward the coveted end of Marine Parade facing Wategos Beach.

The property, set in landscaped gardens with manicured lawns, now spans two levels and has five bedrooms, a number of indoor and outdoor living areas and a heated infinity pool.

It features recycled one hundred year old timber throughout.

The sale, secured by LH Hooker Byron Bay agent Glenn Irwin and LJ Hooker Avnu agent Michael Coombs, in conjunction with Helene Adams and Vanessa Cole, of First National Real Estate Byron Bay, tops the previous high, set last year when Eli Havas, the wife of F45 founder Adam Gilchrist, paid $18.85 million for Wategos House, down the road, from developer Danny Goldberg.

The whisper of its sale leaked so quickly the national listing sites still had it available for sale.

 

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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