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Plans to demolish, replace home months after $4 3m sale

Premium Content Subscriber only Months after a renovated Byron Bay home sold for $4.3 million, there are plans to knock it down and replace it with new villas. A proposal for a new multi-dwelling development at 27 Marvell St was lodged with Byron Shire Council on January 11. 27 Marvell St, Byron Bay sold for $4.3 million in November 2020. It was marketed by Pacifico Property. The applicant, Candace Co Pty Ltd, is seeking approval for $2.43 million worth of works, including the demolition of an existing house and construction of three two-storey villas and three swimming pools. The property, on the corner of Tennyson St across from Byron Bay Recreational Grounds, sold for $4.3 million on November 18 last year.

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