PHOTO: Nick Fahey with partner Kate. NEWS.COM.AU

PointsBet Co-Founder Nick Fahey Adds Contemporary Byron Bay Retreat to Property Portfolio

Investing in Luxury: PointsBet Founder’s Latest Acquisition in Asana Project

PointsBet co-founder Nick Fahey has recently purchased a stunning vacation residence in the prestigious Asana project located in Byron Bay. The luxury new build, which cost $4.4 million, expands Fahey’s already impressive property portfolio.

The Asana at Byron development consists of three stylish strata homes created by Omira Property Group, a Sydney-based company renowned as a “luxury holistic property developer” and led by Alasdair Baker.

These homes boast designs that prioritize environmentally conscious building practices, incorporating materials crafted by local artisans.

In late 2021, the first sale in the Marvell St project took place, with former diplomat Julie Meldrum and her husband, longtime TV producer Murray Millsom, acquiring one of the homes for $4.5 million. Their intention was to downsize from their 1.1-hectare Ewingsdale estate, known as Aamari Estate, which sold for $6.7 million in early 2022.

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

Each of these contemporary homes, masterfully designed by The Designory, features four bedrooms and a private pool.

In March of last year, Fahey and his partner Kate Freebairn welcomed their first child and invested $16.32 million in a stunning three-level abode in Tamarama. This exquisite property boasts five bedrooms, a home theatre, and a pool, constructed by Peter “Strawbs” Phillips from Bank of America and his wife Susannah.

Prior to this purchase, Fahey had already spent $5.25 million on two apartments within a six-unit complex in Tamarama back in 2021.

Furthermore, the couple also owns The Reef House in Aldinga, a beachfront holiday rental inspired by the vibrant Palm Springs aesthetic of Adelaide.

In 2015, Fahey co-founded PointsBet when he was in his late 20s, and the company went public on the ASX in 2019.