Former Parramatta Eels chief executive Paul Osborne lists Byron Bay property investment for May 5 auction
The former Parramatta Eels chief executive Paul Osborne has now listed his Byron Bay property investment for May 5 auction.
The timing of the marketing campaign is aimed at snaring interest over Easter from tourists in the Northern NSW town.
It failed to sell at its December 2011 auction when there were $1,499,000 hopes. It was subsequently listed at $1.395 million. It cost $1.9 million in January 2011 having previously sold at $1,475,000 in 2007.
Osborne claims to have been the victim of a Byron Bay property deal that went sour.
Last year Osborne's financial situation was made public by SMH investigative reporter Kate McClymont after leaks that Osborne had borrowed money from the Parramatta chairman Roy Spagnolo.
The Massinger Street, Byron Bay property has been listed through Ray White Byron Bay agent Brett Connable.
Set opposite the Top Shop Cafe in Massinger Street, it comes with ocean views to the North over Byron Bay. It has three upstairs bedrooms plus downstairs is a one bedroom guest quarter.




