Wolfmother’s Andrew Stockdale buys $2.7m Bangalow investment property

Andrew Stockdale has bought an investment in Bangalow. (Photo by Quinn Rooney/Getty Images)

Wolfmother’s Andrew Stockdale has spent $2.7 million on a Bangalow investment property, securing retail premises on the town’s main boulevard.

The 607 sqm Byron St premises is fully occupied, holding six retail and commercial tenancies.

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Stockdale has other investments in the region. (Photo by Mark Metcalfe/Getty Images)

It is fully occupied.

It was offered through Kath Vaubell at Byron Bay Property Sales after getting approval for the addition of a restaurant space and two shop top living quarters.

It last sold in 2018 at $2.3 million, and in 2015 at $1.45 million, when it had a gross total return of $113,886.

There is approval for a restaurant space as well.

Andrew Stockdale, the hard rock lead singer of the hard rock band that formed in 2004, has other investments in the district having spent $1.6 million in 2013 on a four-bedroom, three bathroom cottage at Byron Bay.

It was offered as a $3000 a week furnished rental in 2019.

Stockdale gave it a stylish $96,000 makeover in 2016.