Updated 12 Sep 2023, 9:36am
First published 12 Sep 2023, 5:00am
Veteran fashion designer Wayne Cooper and his estranged wife, model Sarah Marsh, have relisted their resort-style home near Byron Bay.
Veteran fashion designer Wayne Cooper and his estranged wife, model Sarah Marsh, have relisted their resort-style home near Byron Bay. And it seems set to be a costly exercise.
Their Byron Bay hinterland home cost $5.09m in March 2022 when the couple moved from Tamarama.
The 3.76ha Myocum property with tennis court and pool was first listed in May through McGrath with a guide of $4.5m to $5m.
But now the five-bedroom, six-bathroom home has been scheduled for auction on October 4 with its guidance dropped to $4m to $4.4m.
Wayne Cooper and Sarah Marsh have relisted their Myocum resort-style home.
The five-bedroom, six-bathroom home has been scheduled for auction on October 4.
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It sits in both their names, with its mortgage financed by the Haege family.
Cooper and Marsh, who have had a tumultuous 26-year relationship, sold their previous home, on Carlisle St, Tamarama, for $11.05m to Adrian Fonseca, who is deputy chairman of AFL team the Greater Western Sydney Giants and a childcare businessman, in February last year.
Wayne Cooper and Sarah Marsh.
They well know the real estate rollercoaster because the glamorous five-bed, five-bathroom pad had been bought in 2011 for $5.5m, down on the $6m paid just two years earlier in 2009.
Myocum is a small town in the Byron Bay Hinterland just 16km northwest of Byron Bay, in the rural foothills of the Nighcap Mountain Ranges.
“This luxurious three-level residence is the epitome of grandeur, sprawling over 500 sqm of floor space and nestled on over 9-acres of beautiful coastal land in the Byron hinterland,” the listing reads.
The home sits on over 500 sqm.
It’s only a short drive to Byron Bay township.
The home’s price guidance has dropped to $4m – $4.4m.
Great Byron lifestyle.
“Originally named ‘King of the Hill’ and boasting 5 bedrooms, 6 bathrooms, this estate presents a once-in-a-lifetime opportunity to own a truly prestigious property in one of the most sought-after locations in Australia and is conveniently located just 15-minutes from the Byron Bay town centre and beaches.”
According to PropTrack, only five homes have been sold in Myocum in the past 12 months.
Another of the home’s five bedrooms.
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