Two dream homes, one $12m, one under $500k - which is yours?

THEY'RE separated by about 80km and $11.5m, but Nautica at Byron Bay and The Retreat at Casino are both bona-fide dream homes for different budgets and different tastes.

Nautica, sitting at 37 Marine Parade opposite the upmarket Raes at Wategos, has been listed this week for $12m and is unique in that it has no sense of having neighbours in a heavily built-up area.

"It's unique in that it's just you and the ocean," said Nicolette van Wijngaarden of Unique Estates.

"If you stand on the site, you have no sense of the neighbours or the road."

Nautica, Wategos Beach, Byron Bay.
Nautica, Wategos Beach, Byron Bay. Contributed

The historic Retreat home at Casino, which has also just been listed, is just as unique, but with a much more manageable price tag.

"This is definitely the stand-out property in Casino," Jenny Pedrini of GNF Casino said.

"It has three large bedrooms, a large sleepout and an open veranda on two sides featuring candle snuffer roofing over gazebo-style ends.

"You sell a house like this in Bangalow or Byron Bay and you're looking at over $1 million.

"We're taking The Retreat to auction and expecting to get in the high $400,000s."

This Casino property, The Retreat, will be auctioned by GNF Casino. Photo Contributed
This Casino property, The Retreat, will be auctioned by GNF Casino. Photo Contributed Contributed

The properties the homes are on are as different as their locations and their price tags.

Nautica sits on 664sqm of land, 17 metres above sea level, while The Retreat sits on 1800sqm overlooking the Richmond River. Nautica is all modern styling, while The Retreat is Federation charm.

Nautica comes with development potential - there's a duplex with two three-bedroom villas and plans from well-known architect Alex Popov for a DA-approved renovation.

Ms van Wijngaarden said there had been plenty of interest in Byron Bay properties from buyers in Sydney and Melbourne looking for a lifestyle property by the beach.

Nautica, Wategos Beach, Byron Bay.
Nautica, Wategos Beach, Byron Bay. Contributed

"The interest we have seen in the past three to four months is the best we have seen in the past five years," she said.

It was developer Danny Goldberg's record-breaking $15.7 million purchase of aMarine Parade beachfront in January 2006 that set the Byron market alight.

Ms Pedrini said the exceptional value offered by The Retreat was just a taste of what Casino had to offer.

"There are plenty of other beautiful homes in the Casino area," she said.

At North Casino, five-bed-room executive homes with pools are being snapped up for about $525,000.

"It's affordable here," Ms Pedrini said.

The Retreat, Casino
The Retreat, Casino Contributed

"This is a country town and people love getting out of the rat race."

Kyogle is a picturesque village which also has some lovely properties at reasonable prices.

Among the listings at PRDnationwide Kyogle is a five-bedroom, two-bathroom home in Boorabee St for $365,000.

It is on a 1400sqm block and has a huge wrap-around veranda, air conditioning and a fireplace.

For just $299,000 you could buy a new three-bedroom home in Colin St, Kyogle, with views north to the Border Ranges.


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