Dual-Frontage Belongil Beach Hideaway Listed for $35m
With two waterfronts, bushland surrounds and a $35 million price tag, this Belongil Beach retreat could become Byron’s most expensive home ever.
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A rare parcel of Byron Bay is primed to hit the market this week along the glamorous holiday spot’s priciest stretch of sand – Belongil Beach.
The designer digs belong to Leah and Kurt Rettenmaier, head of digital asset investment firm Revolution Tech. The couple have listed their Byron Bay hideaway, which sits on Childe St and has two waterfronts, for $35 million with Kim Jones of Jones & Co Real Estate.
The Rettenmaiers bought an original beach house on the 1776sq m block back in 2016 for $3.6 million, according to title records, and then reimagined the unique property into a sleek boho retreat worthy of its multimillion-dollar price tag.
The three-bedroom, two-bathroom compound at 4 Childe St sits at the end of the enviable strip, which is bordered on three sides by Belongil Beach, the Belongil Creek and uninterrupted bushland teeming with native flora and fauna.
In addition to the natural neighbours, the property is also surrounded by VIP residents in the exclusive peninsula, including Chemist Warehouse boss Damien Gance and Sasha Robertson.
If the Rettenmaiers and Jones achieve their $35 million goal, the newest listing could break the Byron price barrier of $33.5 million set by the Gance-Robertsons earlier this year.
Jones is also reportedly the agent behind the current Far North Coast record of $37 million. That deal was struck when Tom and Emma Lane of Oroton handbag fame bought their property, The Range, in nearby Coopers Shoot.
The primary two-bedroom residence is home to rendered white walls with integrated shelving and statement archways reminiscent of the uniquely smooth lines of the Greek Isles. The flowing curved interiors also reflect the calming contours of the coastal landscape on the home’s doorstep.
Designed for entertaining inside and out, the property features a spacious covered alfresco area with a built-in barbecue, manicured lawns, a bespoke fire pit and a private self-contained studio with an outdoor claw-foot bathtub.
Even kids – big or small – have room to play with a fun built-in skate ramp and an expansive beachfront lawn with sweeping views over the bay, Julian Rocks and the iconic Cape Byron Lighthouse.
The dream has space to thrive with architect-designed plans for a more contemporary beach house (STCA).
Perfectly positioned for surfing at coveted Belongil Beach, or kayaking and stand up paddle boarding along the creek, the home’s prized location is within 600m of Treehouse restaurant, is a six-minute walk to the heart of Byron Bay and approximately half an hour to the Ballina/Byron Gateway Airport, or less than an hour to the Gold Coast Airport.
The dual aspect home at 4 Childe St, Byron Bay, is listed with Kim Jones of Jones & Co with price expectations of about $35 million.
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Office rents in Sydney, Melbourne and Brisbane are climbing at their fastest pace since the pandemic as tenants compete for premium CBD space amid tightening supply.
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Australia’s major CBD office markets are recording some of their strongest rental growth since the pandemic, with businesses increasingly prioritising premium office space despite elevated geopolitical and economic uncertainty.
Knight Frank’s Australian Office Indicators Q1 2026 report found net effective rents in Sydney and Melbourne CBDs rose at their fastest annual pace since COVID-19, increasing 10.2 per cent and 6.8 per cent respectively over the 12 months to March.
Brisbane posted the strongest growth nationally, with net effective rents climbing 11.7 per cent over the same period.
The report points to a widening divide between prime CBD office towers and secondary office stock, as occupiers increasingly focus on quality, location and workplace amenity when making leasing decisions.
Knight Frank Senior Economist, Research & Consulting Alistair Read said demand remained heavily concentrated in premium assets within core CBD precincts, helping drive stronger rental growth in top-tier buildings.
“Occupier demand continues to be heavily concentrated in the most desirable CBD precincts and the highest-quality buildings, accelerating a sharp divergence between core and non-core markets,” Mr Read said.
According to the report, Sydney’s Core precinct and Melbourne’s Eastern Core significantly outperformed broader CBD markets over the past year.
“In Sydney’s Core precinct and Melbourne’s Eastern Core, net effective rents surged 14.3% and 16.1% over the past year, significantly outperforming the rest-of-CBD precincts,” Mr Read said.
The rental gap between prime and non-prime office locations has also continued to widen sharply.
“As a result, core CBD rents are now 54% higher than non-core locations in Sydney and 93% higher in Melbourne, highlighting the growing premium placed on amenity, accessibility and workplace quality,” he said.
Knight Frank said the strong rental growth across the major CBDs was being underpinned by a limited supply pipeline, with few new office developments expected to be delivered in the near term.
Mr Read said subdued construction activity was likely to support ongoing rental growth and tighter vacancy rates over the medium term, particularly for premium office towers.
“The combination of sustained demand and declining levels of new development will aid ongoing prime rental growth and lower vacancy rates over the medium term, particularly for best-in-class assets,” he said.
The report noted that current economic conditions were making new office developments increasingly difficult to justify financially.
“Economic rents remain well above expected market rents, making the construction of new office towers largely unviable, and concentrating tenant demand into existing buildings,” Mr Read said.
While suburban office markets generally remained subdued compared with CBDs, Melbourne’s Southbank precinct was identified as a relative outperformer, recording annual net effective rental growth of 2.7 per cent.
The report comes as broader Asia-Pacific office markets continue to stabilise following several years of disruption linked to hybrid work trends, inflation and rising interest rates.
Knight Frank’s separate Asia-Pacific Q1 2026 Office Highlights report found Sydney and Brisbane were among the strongest-performing office rental markets in the region, behind only Bengaluru and Tokyo for annual prime net face rental growth.
The Asia-Pacific report also found 18 of the 24 cities monitored across the region recorded stable or increasing rents in the first quarter of 2026, even as geopolitical uncertainty intensified following escalating conflict in the Middle East.
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