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Billionaire lands near Byron with $30m resort buy

Mining billionaire Andrew Forrest has made a high-profile luxury addition to his property portfolio, buying Olivia Newton-John’s Gaia Retreat & Spa near Byron Bay in a deal worth $30 million.

Aerial photo of the Gaia Retreat & Spa
Gaia Retreat & Spa is Andrew Forrest's Tattarang's first operating resort property. Photo: Tattarang

Mining billionaire Andrew Forrest has made a high-profile luxury addition to his property portfolio, buying Olivia Newton-John’s Gaia Retreat & Spa near Byron Bay

in a deal worth $30 million.

The globally acclaimed resort was acquired through Mr Forrest’s investment vehicle Tattarang, which holds property assets such as the Indiana Tea House at Perth’s Cottesloe Beach and a proposed Ningaloo Lighthouse Resort near Exmouth

, in the north west …