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Address available on request Byron Bay, NSW 2481

For Sale

Address available on request Byron Bay, NSW 2481

Hotel & Leisure
Sale Price

New Price $1,195,000

Land area

1.0m²

Floor area

1.0m²

Tenure type

Vacant Possession

Byron Bay Management Rights

A fantastic opportunity presents itself with the chance to purchase the Management Rights and Residence at Trip Adviser's No 1 ranked holiday accommodation in arguably the most sought after tourist destination in Australia.

• Byron Bay Business & Lifestyle in highly regarded 4 star rated complex.
• Resort style Apartments & complex located in the hugely popular Shirley Street precinct.
• Complex of 16 apartments in total
• 9 x 1 bedroom apartments under management rights
• 1 x 2 bedroom apartment being the managers residence
• Main road and rear lane access to ample undercover parking
• Sparkling salt water in-ground swimming pool
• Tropical gardens and covered outdoor BBQ area
• Exclusive use of the office, store rooms, laundry and linen storage.
• Scope to build the business and increase the annual occupancy from 74%
• Improvements can be made with strategies around direct bookings and online deals
• Byron Bay is a must do destination and has seen exceptional growth in recent times
• There is currently an agreement in place allowing the managers to live off site and enabling the managers apartment to be in the letting pool and generating $58,000 approx in further income.

Property ID: 503190454Last Updated: 18 Jun 2019

Address available on request
Byron Bay, NSW 2481

Agency contacts

Byron Bay Ray White -

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Byron Bay Ray White -

15 Fletcher Street
BYRON BAY, NSW 2481
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April Nicolson
Byron Bay Ray White -
Address available on request Byron Bay, NSW 2481

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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