Hercules Estate on an escarpment outside Byron Bay has equalled the shires price record selling for $22m ahead of auction.
Hercules, a wellness and training estate in the hills behind Byron Bay, has sold ahead of auction for $22m, equalling the biggest residential sale made in the area.
Located at 59 Coopers Shoot Rd, atop an escarpment overlooking the main town, the property covers almost 9ha and includes two residential dwellings, a self-contained studio and three commercial premises, with conference facilities and a film or TV recording studio.
Hercules Estate covers 9ha atop an escarpment.
The sale is a first for the Gold Coast-based Amir Prestige Group, which is about to open an office in the town.
Agency principal Amir Mian, who also owns a property in the northern NSW area, said it was a great sale to kick off their foray into the local community.
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Mr Mian said Hercules was a very unique property on which he received multiple competitive offers within a week of the listing going live.
Inside the main residence of the property.
It was taken off the market ahead of its auction date by an unnamed buyer from Queensland, who Mr Mian said would be simply using the property for his own enjoyment.
The estate was owned by Byron locals Deborah and Robert Wild, co-directors of the Evolve College school of massage training.
There are views spanning Broken Head to the Byron lighthouse.
They bought the property off international music producer Tom Misner in 2014 for $7.9m.
After the purchase, the Wilds expanded the property, adding the second residence, conference centre with offices, film and recording studio.
The estate’s existing main residence is a five-bedroom home of concrete construction and featuring travertine tiles and local timber finishes. There are two master suites, a commercial-grade kitchen, multiple living and dining zones and an alfresco terrace overlooking an infinity pool and championship tennis court.
The property’s infinity pool.
A second two-level dwelling has multiple living zones, a chef’s kitchen, office, gym, steam room and separate heated 15m pool.
Views stretching from Broken Head to the Byron Bay Lighthouse can be viewed from almost everywhere on the estate, and the owners have built two cliff-face observation decks into the escarpment to give residents a front-row seat to spectacular sunrises over Cape Byron.
The property has equalled the record price for a residential sale in the shire.
The $22m sale equals that of the record price set in the Shire in 2020, when Rip Curl founder Brian Singer paid $22m for recruitment industry heavyweight Geoff Morgan’s Wategoes pad at 35 Marine Pde.
The appetite for Byron Bay property seems to be as voracious as ever with fashion guru Ebony Eagles, the founder of the Auguste ethical fashion label, this week paying $8.35m for a property also on the town’s outskirts.
88 Mollys Grass Rd, Tregeagle, is on the market for offers of $23m-plus.
Set on 6.25ha just north of Belongil, the Tyagarah property with ocean views was sold through Kollosche agents Karin Heller and Kim Jones, and has approval for a luxury three-level home with seven bedrooms, five bathrooms, plus three pools, and a 10-car garage.
It is being tipped that two other properties, which have just hit the market, could strip Hercules and the Marine Pde house of their record sale title.
It is anticipated a timber shack on a 1500sq m block at 38 Childe St in Belongil Beach will fetch $20m-plus, according to McGrath agents Ian Daniels and Susan Whyte and Byron Bay Real Estate Agency’s Tony Farrell
The property has a recording studio.
The property is owned by Griffith University Emeritus Professor Ralf Buckley, who paid $196,000 for it 1991, according to RP Data
Meanwhile, Trismegistus Farm, named after its thrice providential standing and sharing the same name as Greek God Hermes Trismegistus, has just gone on sale seeking offers of $23m-plus, through Amir Prestige Group.
Located at 88 Mollys Grass Road, Tregeagle, the farm covers 57 acres and includes three residential homes, a caretakers cottage, horse stables and arena, two large storage sheds and a private waterfall and freshwater swimming hole among a raft of other features.
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