Olivia Newton-John lists stunning Byron Bay retreat
Olivia Newton-John has listed her picturesque wellness retreat in Byron Bay.
The British-born Australian singer and actress has put their Gaia Retreat & Spa on the market, which is set attract global interest.
Between Newton-John and co-owners Gregg Cave, Ruth Kalnin and Warwick Evans, they have described the decision to sell the paradise as bittersweet.
“For over 16 years and winning more than 55 global awards, Gaia Retreat & Spa was a dream that became a wonderful reality,” the Grease star said in a statement on behalf of the owners.
“Over these blessed years, co-owners Gregg Cave, Ruth Kalnin, Warwick Evans and myself have helped make Gaia ‘heaven on earth’ by creating a healing and loving place that has become so important to us and our guests from all over the world.
“Having won so many humbling and outstanding awards, we have decided it is time to ‘pass the baton’ to new custodians so they can continue our positive message that Gaia is ‘your timeout to reconnect, breathe and surrender’.
“It’s bittersweet, but as a team, we always agreed that we would ‘go out on top’ and we couldn’t be more proud of the Gaia we have built with our incredible family team.”
Colliers’ real estate agents Karen Wales and Gus Moors told realcommercial.com.au that the Byron Bay retreat is sure to receive interest on a global scale.
“The current owners wish to entrust their custodianship to likeminded visionaries who are inspired to continue their ‘G.R.O.W.’ ethos – Gratitude, Respect, Organic, Wellness,” Mr Moors said.
Mr Moors said that the location of the retreat makes it an attractive offer for potential buyers.
“Highly-profitable luxury retreats are rarely traded, given the strong combination of excellent cashflow and enviable lifestyle offering,” Mr Moors said.
“The opportunity to secure such a large, tourist-zoned site in the pristine hinterland of Australia’s highest growth tourism region overlooking the coastline of Byron Bay will never be replicated.”
The Gaia retreat was founded in 2005 and has over 22 rooms, suites and villas along with a day spa, restaurant, swimming pool, walking tracks set over eight hectares and tennis court.
“The simplicity of Gaia Retreat & Spa as a pioneer of barefoot luxury means an incoming owner has limited medium-term capital expenditure requirements through its understated, yet high quality, interior design,” Ms Wales said.
Gaia over the years has developed a strong customer base.
“Unlike many other Australian luxury retreats, Gaia is easily accessible from the domestic and international airports of Ballina and Gold Coast, thereby ensuring year-round demand,” Ms Wales said.
Byron Bay has fast become a celebrity hotspot – a phenomenon fronted by Chris Hemsworth and Elsa Pataky.
Newton-John described the mesmerising paradise as a “special magical place”.