The top end of Byron Bay's property market remains strong. And the lucky buyer of this hinterland home will gain four houses in one.
The buyer forking out a cool $15 million for this elevated property in the Bangalow hinterland outside Byron Bay will score three more houses as a bonus.
For some, taking on a collection of residences spread across 12 hectares would be daunting; for others, 84 Fowlers Lane, Bangalow is a fabulous opportunity.
"This isn't your typical trophy home where you're spending $15 million on one thumping house. It'll suit a particular type of buyer," said agent Will Phillips at Sotheby's International Realty Byron Bay.
"Sometimes you'll get the odd studio but to have four separate, high-quality houses, each very private and with their own different flavour, is very hard to come by."
The main residence on this expansive block is known as The Farmhouse, which is ironic because there's nothing humble about this two-storey spectacle. It provides voluminous living spaces flowing to a wraparound verandah and luxurious poolside terraces, all enjoying sweeping views of the Nightcap Ranges' rolling hills.
Built with natural stones and warm timbers, the stunning home includes four bedrooms, a media room, a spacious home office, three sophisticated bathrooms, underfloor heating, solar power, Tesla batteries and onsite water tanks.
Scattered across the landscaped hills are three impeccable cottages, reflecting the property's history as a mango farm. There's The Mango Packing Shed and The Bails, both with two bedrooms, and the charming Storm Cabin, a one-bedroom studio.
Each boasts their own contemporary architectural style, premium fixtures and finishes, impressive alfresco decks and terraces, private pools and breathtaking northerly views.
Together, the four properties make up 'Imagine Byron Bay', which was originally built as a hinterland retreat and more recently used to house extended family.
"This place would suit someone seeking a beautiful home plus other dwellings for family and friends to come and stay, or it could serve as an ideal multi-generational set-up where everyone can have their own space," Mr Phillips said.
"Alternatively, you could rent the houses out as weekend getaways or permanent rentals, or lease the entire estate for events or retreats."
The location is highly desirable, just five minutes from Bangalow's vibrant town centre and 15 minutes from the golden sands of Byron Bay.
Mr Phillips said he had received plenty of interest in the property, including a buyer looking to turn the property back into a retreat.
He said the high-end market around Byron Bay was curently "the best performing section of the market".
The mid-range and more affordable side of the market is "still slower", he added.
Houses in Bangalow have dipped 6.8% over the year to a median of $1.5 million. In Byron, they've risen 0.9% to $2.73m.
The current owner only purchased 84 Fowlers Lane six months ago, but has bought somewhere else close by as his requirements have changed.
"The property sold for $15 million and we have no doubt we'll achieve that figure again," Mr Phillips said.
"There aren't many high-end properties that come up here. While many hinterland homes offer beautiful land or views, they're often old and tired and require extensive renovations.
"So when these large, high-end properties come up, people jump on them."
Expressions of interest on 84 Fowlers Lane close Thursday June 12 at 5pm.
English (US) · 