PointsBet founder buys glamour holiday home

PointsBet co-founder Nick Fahey has bought a contemporary Byron Bay retreat, adding to his prestige property portfolio. He has just spent $4.4 million on the luxury new build in the Asana project at Byron.

PointsBet co-founder Nick Fahey has bought a contemporary Byron Bay retreat, adding to his prestige property portfolio.

He has just spent $4.4 million on the luxury new build in the Asana project at Byron.

Asana at Byron is three cool strata homes completed by the Sydney-based Omira Property Group, who call themselves a “luxury holistic property developer”. Omira is headed by Alasdair Baker.

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The homes come with designs using environmentally conscious building practices and material from local artisans.

The first sale in the Marvell St project, set some 300 metres from the heart of the town, was an off the plan purchase in late 2021 when former diplomat Julie Meldrum and her husband, longtime TV producer Murray Millsom, spent $4.5 million.

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They were intent on downsizing from their 1.1 hectare Ewingsdale holding Aamari Estate which fetched $6.7 million in early 2022.

Earlier this year the second Asana house sold for $4.6 million to Fiona Mead, the Melbourne-based head of group governance at CSL.

Each of the contemporary homes, designed by The Designory, have four bedrooms and their own pool.

It was around March last year, when Fahey’s partner Kate Freebairn had their first child, and they spent $16.32 million on their three-level Tamarama abode.

It comes with five bedrooms, a home theatre, and a pool, built by Bank of America’s Peter “Strawbs” Phillips and his wife Susannah.

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Fahey had previously spent $5.25 million on two apartments in a Tamarama block of six in 2021.

The couple also own The Reef House in Aldinga, an Adelaide Palm Springs-inspired beachfront holiday rental.

Fahey co-founded PointsBet in 2015 in his late 20s and floated the company on the ASX in 2019.

Originally published as PointsBet founder buys glamour holiday home

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