Centrally located in the bustling Byron Bay Arts & Industry Estate on a large 1000 sqm parcel, this property offers an excellent opportunity for investment and/or redevelopment. Currently the home of AlkaWay water filters, the property includes approximately 455 sqm of internal space divided into a showroom, offices, board room, three warehouses and an approved 1 bedroom 1 bathroom caretakers apartment.
With the current tenants happy to stay on, this property represents a solid investment. Industrial land of this size is a commodity ripe for redevelopment (STCA), and with the existing leases expiring within 12 months, this option is a real opportunity.
The Byron Arts and Industrial Estate is a precinct full of colour and energy with exciting businesses and situated close to the local shopping centre, Sunrise Residential Estate and North Byron Beach Resort. Byron Bay's town centre is only a short 4 km drive, 10 minute train ride or bike ride along the designated cycling path.
Key Features:
• Level land size of 1000 sqm
• Solid and well-established tenants in place
• Approximately 455 sqm of buildings
• Ability to have multiple tenants
• Prime redevelopment opportunity
• Centrally located in the industrial area
• Air-conditioning and fully connected services
• Ample parking available onsite
• Carbon neutral building
• Grid interactive solar system
• Zoned IN2 Light Industrial
• Short leases favour redevelopment
• Desirable freehold parcel in Byron Bay's industrial precinct
• Located 3.2 km to Byron Bay's CBD & 3,5 km to the M1
After 13 years, the owners have made the difficult decision to sell, opening up this fantastic opportunity to purchase a large industrial property in a tightly held market. For more information or to organise an inspection, contact Brett Connable and Nick Russo today.