Exclusive parcels hit Byron market

BRISBANE developer Unison Projects has unveiled the first residential subdivision of its kind for Byron Bay in almost 15years with the release of the $16.5 million Seacliffs Byron Bay development.Featuring just 33 large elevated lots – some with ocean views - Seacliffs Byron Bay is a rainforest-fringed enclave just minutes from Byron Bay’s famed surf breaks and eclectic town centre.The development comprises 16 hectares, 73 per cent of which will remain a private rainforest for residents and home to a wide variety of flora and fauna including sugar gliders, wallabies, echidnas and glow worms.Seacliffs’ stage one release adds some much-needed stock to the tourist town’s dwindling supply of residential land which has impacted affordability in recent years.Unison Projects’ Jonathan Levy said the limited number of lots within Seacliffs Byron Bay would support a ‘boutique’ atmosphere, nurture the natural botanical garden it sits within and promote sustainable development of serviced residential lots.Mr Levy said the development would appeal to families, downsizers and locals wanting an elevated location.“It will cater to people wanting a family home, downsizing off larger blocks in the hinterland and those moving from the suburban ‘flat’ to an elevated site, while staying close to the town centre and other important amenities,” he said.“One of the major selling points is the feeling of being at one with nature while having the essential services of a standard residential block, such as town water and sewerage.“This is where the hinterland meets the sea; it encompasses the best of both worlds in Byron Bay.”John McGrath, Chief Executive of McGrath Estate Agents  said in his recently released McGrath Report, “The heat of the Sydney market is starting to have an influence on regional areas, inspiring new confidence among local upgraders and investors to take advantage of low interest rates, high yields and great capital growth opportunities in their own backyard.“Competition from Sydney and Melbourne buyers is increasing as city dwellers look further afield for investment, retirement and lifestyle changes.“Byron Bay and its surrounding hinterland offers a lifestyle that is highly attractive and affordable to retirees, or professionals and their families wishing to relocate from our major cities."Mr McGrath said that post GFC, many baby boomers had delayed retirement to give their super nest eggs a chance to regenerate.“The recent property boom in other major cities has given them new found equity that is enabling them to buy their future retirement homes now,” he said.“I believe that Byron Bay is one of the most appealing areas for them to look, having being adversely impacted by the GFC and is now primed for growth.”Located just south of the Byron Bay township, Seacliffs is minutes from renowned surf break Tallow Beach and local treasure Broken Head Nature Reserve.Other amenities nearby include lakeside parks, playgrounds, a skate park, shops, tavern and cafes.Stage one of Seacliffs Byron Bay comprises 11 parcels ranging in size from 718sqm to 1063sqm and priced from $450,000 to $525,000.A number of blocks have ocean views while others offer hinterland vistas.The project is marketed by Nick Dunn and Ian Daniels of McGrath Byron Bay.Unison Projects was established in 2001 and has a workbook of 12 projects worth in excess of $280 million.The company was recently recognised as one of Brisbane’s top 100 private companies by Business News Australia.Its current activities include residential land, medium density residential, industrial, commercial and resort projects from the Sunshine Coast to Byron Bay.