You know you’re in a housing crisis when a swimming pool hits the market with an eye-watering $4.6m price tag.
That’s the case in Newrybar near Byron Bay, where a 7985 sqm block of land has hit the market with only a pool on it.
Listed for $4.2m to $4.6m, the property at 126 Old Byron Bay Road features green rolling hills, panoramic ocean views — and a fenced pool.
This swimming pool at 126 Old Byron Bay Rd, Newrybar, is for sale for $4.6m.
The views from the pool are impressive.
RELATED: Housing crisis failure: 96,000 homes short of Qld target[1]
Tara Torkkola and Sally Green from First National Byron are marketing the property and the listing encourages buyers to “seize the opportunity to own a slice of paradise on one of the most exclusive, sought-after ocean facing ridgelines in the region”.
Inquiries have been streaming in given the block’s panoramic ocean views, which stretch from Broken Head to Lennox Point.
The owner had knocked the previous house down and left the pool there with plans to build another house, but circumstances changed.
At least you wouldn’t have to worry about installing a pool…
This 8000 sqm block comes with nothing but a swimming pool.
RELATED: Housing crisis: What new migration data reveals about Australia[2]
Despite the price tag, the land offering is actually cheaper than buying an established property in the area, which has grown in popularity in recent years.
The Byron Bay wellness retreat featured in Hulu’s Nine Perfect Strangers was recently snapped up by activewear icon Lorna Jane Clarkson.
Ms Clarkson paid a reported $10.98m for SOMA in the hinterland town of Ewingsdale.
Lorna Jane Clarkson recently bought Soma Byron. Picture: Romello Pereira courtesy of Soma Byron.
Last year, actor Liam Hemsworth submitted plans to build a luxury home in Newrybar to the tune of $14.5m.
The star purchased the property for $6.8m in 2021 and plans to build a pavilion-style dual-level home.
References
- ^ RELATED: Housing crisis failure: 96,000 homes short of Qld target (www.realestate.com.au)
- ^ RELATED: Housing crisis: What new migration data reveals about Australia (www.realestate.com.au)