While the Coastal Zone Management Plan Byron Bay Embayment (CZMP BBE) policy is yet to be gazetted by the state government, it appears there is still considerable financial interest in the known erosion hotspot.
Council’s CZMP BBE was controversially pushed through by the outgoing pro development council and seeks to establish a 1.1km seawall along the world-famous beach.
There is ‘substantial interest’ in a luxury home on the tightly-held Belongil Beach, say Raine & Horne Byron Bay.
According to realtor Sophie Christou, ‘The absolute beachfront property, standing on 860sqm at 6A Childe Street, Byron Bay, is expected to sell for between $4.95 and $5.4 million.’
‘This is the second last property on the stretch of beach at Belongil with direct beach access, and as such we’ve already received a significant level of enquiry,” said Ms Christou.
‘We expect the home will appeal to executive types who are seeking an escape from the east coast metropolitan centres, as well as overseas buyers and well-heeled locals.’
Recently extended and renovated, the property represents luxe beachside living at its finest, says Ms Christou.