Brisbane-based developer Vitale Property Group has lodged plans for a luxury apartment project in Byron Bay, the NSW north coast playground of rich-listers and Hollywood celebrities.
Vitale Property Group has put forward plans for a trio of three-storey boutique apartment buildings with 26 apartments each with three bedrooms, three bathrooms and three carparks.
Byron Bay, which has a population of about 9000 and is visited by more than 2.7 million people annually, has led the way as NSW residential land values in the past year. Prices have surged by an unprecidented 25 per cent and is now attracting attention from high-profile residential, hotel and pub developers.
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