{"id":42682,"date":"2023-03-28T16:32:52","date_gmt":"2023-03-28T03:32:52","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42682"},"modified":"2023-03-28T16:32:52","modified_gmt":"2023-03-28T03:32:52","slug":"the-blocks-shelley-craft-flips-byron-bay-home","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/the-blocks-shelley-craft-flips-byron-bay-home\/","title":{"rendered":"The Block\u2019s Shelley Craft flips Byron Bay home"},"content":{"rendered":"

PHOTO: The Block\u2019s Shelley Craft<\/strong><\/p>\n

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In the hit renovation show The Block<\/em><\/a>\u00a0contestants compete to produce the most profitable property flip, pocketing the capital gain above reserve price for their winnings, which can range from nothing to last year\u2019s record high $1.58 million.<\/p>\n<\/div>\n<\/div>\n

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Not bad, until you realise that as filming kicked off on season 19 this week host\u00a0Shelley Craft<\/strong>\u00a0had just scored $9 million for her own most recent home project.<\/p>\n<\/div>\n<\/div>\n

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\"Pacifico
Pacifico House was built in 2020 as Shelley Craft and Christian Sergiacomi\u2019s own home at Belongil Beach. Photo: Michael Lean<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n
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The serial home flipper settled on the sale of her Byron Bay<\/a> home after a year-long exchange to the corporate interests of Sydney\u2019s\u00a0Phoebe Neylon<\/strong>, wife of tech industry veteran\u00a0Sean Neylon<\/strong>, founding director of Australia\u2019s first listed internet media company, LibertyOne.<\/p>\n<\/div>\n<\/div>\n

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The sale was negotiated after an off-market campaign by Craft\u2019s real estate agent husband\u00a0Christian Sergiacomi<\/strong>, owner of the Pacifico Property agency that shares the name of the couple\u2019s Belongil Beach home, Pacifico House.<\/p>\n<\/div>\n<\/div>\n

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\"The
The Block\u2019s Shelley Craft sold her Byron Bay home this week for $9 million. Photo: Supplied<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n
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Admittedly, Craft and Sergiacomi had more than the usual 12 weeks that contestants are given on\u00a0The Block,<\/em>\u00a0which airs on Nine, owner of this masthead.<\/p>\n<\/div>\n<\/div>\n

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The couple had purchased the property as land only in 2017 for $1.35 million, but work didn\u2019t commence until early 2020 to a design by architect\u00a0Paul Uhlmann<\/strong>\u00a0and was completed late that year in the style of what Craft describes as a \u201cdeconstructed factory\u201d with interiors by\u00a0Jase Sullivan<\/strong>.<\/p>\n<\/div>\n<\/div>\n

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\"The
The Paul Uhlmann Architects-designed residence was completed in late 2020. Photo: Michael Lean<\/strong><\/em><\/figcaption><\/figure>\n<\/div>\n
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Craft has a decent record of house flips in the Byron area, of which her most recent was the Palm Springs-style house purchased in 2017 for $3 million and sold two years later for $4.9 million.<\/p>\n<\/div>\n<\/div>\n

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The couple have also started work on their next \u201cforever home\u201d at Suffolk Park, where their \u201cCasa Pacifico\u201d was purchased early last year for $1.8 million and is set to be redesigned into an Italian-style farmhouse.<\/p>\n<\/div>\n<\/div>\n

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