Mr Lyons said the property had been his escape from the world.
“It's not just a home, it's a once-in-a-lifetime way of living, and I've lived the dream with this home,” he said.
“How many properties can you walk down your back garden and step onto a private seven-mile beach?
“You have the ocean as your backyard and rainforest as your front yard.
“Newell Beach is not just a home - it’s a once-in-a-lifetime way of living and I’ve lived the dream with this home.”
The property is less than 15 minutes to Port Douglas.
Complementing the tropical sale is Mr Lyons' two-bedroom apartment on the 15th floor of the renowned Harry Seidler-designed Horizon Building - one of Sydney's most architecturally significant addresses.
Purchased off-the-plan in 1998, the north-east corner apartment has been transformed into what the listing describes as “a masterpiece of design and art” – complete with Lyons' signature pink aesthetic.
The apartment enjoys stunning panoramic views spanning the CBD and Harbour Bridge to the Opera House and Woolloomooloo Finger Wharf.