Melaleca Villas, Byron Bay

  • Location.

    Ideally located in walking distance to the town centre of Australia’s most popular beach town.

  • Market.

    Affordably priced detached dwellings in the nation’s least affordable regional market.

  • Upside.

    Further developable land exists creating additional value to investors over the long term.

The strategy.

A development that will deliver high quality detached housing units in a relatively affordable pricing bracket, in Regional Australia’s least affordable market. 

An 8 acre site located just 1 kilometre from the town centre of Byron Bay. The property is characterised by a large Melaleuca forest over the majority of the property, with over one acre of cleared developable land to the Eastern boundary zoned R2 - Low Density Residential. 

Development Application has been approved for the development of 5 freestanding villas to the Northern portion of land zoned R2, and a significant balance land component exists for additional future development, which is currently restricted by access. 

The property offers a unique opportunity to develop housing in a relatively affordable category within a market that is experiencing a significant shortage of supply, and exhibits one of the tightest rental markets in the country. 

The dwellings will feature smaller internal areas, oversized outdoor areas and plunge pools to suit the local climate and lifestyle preferences.  The development is set back from Bangalow Road in a serene setting with each dwelling benefitting from views overlooking the extensive private Melaleuca forest. 

  • Enhance Current Design

    Obtain construction approval for existing DA subject to allowable minor modifications

  • Build to Suit

    Develop and sell the 5 villas targeting an undersupplied buyer pool, those looking for detached homes priced in a relatively affordable bracket

  • Unlock Additional Planning Upside

    Work with council and the Department of Planning Industry and Environment to access further land suitably zoned for residential development