Forget Byron Bay. This is the home of quiet luxury
This little known pocket of paradise is attracting attention, for all the right reasons
2 min
Byron Bay may steal all the headlines but those in the know understand that, back from the beach, it’s the hinterland drawing the discerning buyers with deep pockets.
This property at 20 Wood Crescent sits on 2 acres at Coopers Shoot offers drop dead gorgeous views of undulating hills in a luxury environment.
Fittingly called The Retreat, the boomerang-shaped floorplan includes four bedrooms (one in a self-contained space on the lower ground floor), three bathrooms and multiple living spaces. Central to the design is the spacious open plan living area, with a well-appointed kitchen offering a commanding view of the generous alfresco space and heated infinity edge pool outside. The kitchen is kitted out with a Liebherr fridge/freezer, Miele oven and dishwasher and is serviced by a butler’s pantry with Zip tap, making it ideal for catering or quiet nights at home.
The property has everything you would expect from a luxury home, including a cinema room with surround sound Krix speakers and full HD Epson projector. The light-filled master suite offers views over the valley and includes a day-spa style ensuite, dual walk-in robes and direct access to the deck. An automated irrigation system takes care of the garden
But perhaps the greatest luxury for those with sustainability in mind are the renewable energy features, which include a generous 31kw solar system, 160 kw battery and Tesla charging station.
Just 10 minutes to beautiful Bangalow or central Byron Bay, you’re never far from the action. At the same time, Starlink internet and separate workshop and office spaces give you the option to work from home whenever the mood takes.
Quiet luxury indeed.
Address: 20 Wood Crescent, Coopers Shoot
Price guide: $12.5m – $15m
Closing date: Friday, May 12 5pm
Inspection: By appointment
Land size: 7442sqm
Agent: Nick Dunn, McGrath Byron Bay 0448 301 111
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A legacy “partner” lease structure tied to sales, not fixed rent, is drawing investor attention as a potential hedge against inflation.
2 min
A McDonald’s restaurant in Yass has been brought to market with one of the last remaining pure turnover leases in Australia, offering investors a direct share of revenue rather than a traditional fixed rental return.
The asset, located at 1713 Yass Valley Way, is being marketed by JLL via an expressions of interest campaign closing on 30 April. It is underpinned by a legacy lease structure no longer offered by McDonald’s in Australia.
Under the arrangement, the landlord receives 6.5 cents for every dollar spent at the restaurant, creating uncapped income growth linked directly to sales performance.
The lease is structured as triple net, meaning no operational risk, capital expenditure obligations or management responsibilities for the owner.
According to JLL, the property has recorded compounded annual sales growth of 4.26 per cent since 2003, with rental income rising by 150 per cent over the same period.
JLL’s David Mahood said the structure allows investors to “participate directly in the sales growth” of the business, rather than relying on fixed annual rent reviews.
The newly commenced lease runs to 2036, with four additional 10-year options extending to 2076, providing a weighted average lease expiry of 9.92 years by income.
The asset sits on a 3,571 square metre freehold site in Yass, with significant frontage to the Hume Highway, one of Australia’s busiest freight corridors.
The location benefits from high volumes of passing traffic, including an estimated 75,000 vehicles per day.
The quick service restaurant sector has remained resilient through economic cycles, including the pandemic and recent cost-of-living pressures, with McDonald’s continuing to expand its footprint and invest in store upgrades across Australia.
JLL pointed to strong investor demand for McDonald’s-backed assets, with recent transactions typically yielding between the high 2 per cent to mid 3 per cent range.
The Yass listing is expected to attract interest due to the scarcity of turnover-based leases, which provide a natural hedge against inflation by linking income growth to consumer spending rather than predetermined increases.
McDonald’s Yass is available for sale via an Expressions of Interest campaign closing at 3:00pm (AEST) on Thursday, April 30.
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