$20m Byron Bay home sale after ‘beachside bust-up’

Jeweller Giovanni D’Ercole, the Love & Hatred boutique founder, has listed at Wategos Beach with $19.25m hopes. The listing comes just weeks after reports of a serious squabble between D’Ercole and his neighbour, entrepreneurial property developer Anthony Catalano at the coffee cart outside nearby Raes.

Jeweller Giovanni D’Ercole, the Love & Hatred boutique founder, has listed at Wategos Beach with $19.25m hopes.

The listing comes just weeks after reports of a serious squabble between D’Ercole and his neighbour, entrepreneurial property developer Anthony Catalano at the coffee cart outside nearby Raes.

The hillside Christine Vadasz-designed home cost $4.3m in 2017.

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Jeweller Giovanni D’Ercole, the Love & Hatred boutique founder, has listed at Wategos Beach. 12 Julian Place, Byron Bay.

The home has $19.25m hopes.

Positioned in the lee of the iconic Cape Byron Lighthouse, this private sanctuary is one of the privileged few to overlook exclusive Wategos Beach,” the listing for the home reads.

“A unique oasis, this large 883 sqm parcel commands cinematic ocean views over Nguthungulli (Julian Rocks) to the summit of Wollumbin (Mt Warning) and beyond. Epitomising relaxed beachside living, the two storey residence rests in a central Wategos position just a 1 minute walk to the beach, awash in morning and afternoon sun from its north-facing aspect.

“Relax on a choice of expansive decks, where you can check the surf or observe the annual whale migration with ease.”

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Raes owner Antony Catalano with his son Jordan Catalano outside Raes Hotel in Byron Bay. Picture: Supplied

Raes at Wategoes Beach, Byron Bay, NSW. Photo: Supplied

According to reports regional media mogul Catalano, who has an interest in the up-market Raes Hotel on Wategos beach and is executive chairman and co-owner of Australian Community Media, was in involved in an alleged beachside altercation with D’Ercole.

According to the Australian Financial Review, Catalano was sitting at the coffee cart outside Raes Hotel at around 7.45am on February 26 when he was approached by D’Ercole.

“Police have been told an altercation took place with members of the public intervening to separate the men with [Mr D’Ercole] leaving the scene,” a spokeswoman said in a statement at the time.

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$20m view.

Inside the home.

According to the Daily Mail, police have closed an investigation into the incident without pressing charges.

Perfect for summer.

Plans put forward by Catalano for a proposed $55m home at Wategos, which would have been the area’s most expensive, have been rejected by Byron Shire Council on the basis they were unsuitable for the 4.230 block due to their “bulk scale”.

D’Ercole has created custom jewellery pieces for rock stars including Alice Cooper, Michael Hutchence and Chrissy Amphlett.

The home he has listed for sale sits next door to Catalano’s property, below Cape Byron Lighthouse.

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