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Sold on 18 May 2021

98-114 Jonson Street Byron Bay NSW 2481

  • Shop & Retail
  • 8,297 m²
  • Sold

AN OPPORTUNITY TO CONTROL 1.1HA IN ONE OF AUSTRALIA'S MOST ICONIC DESTINATIONS

  • Never before offered to market
  • Brand new and expertly designed
  • Strong WALE & income reviews

AN OPPORTUNITY TO CONTROL 1.1HA IN ONE OF AUSTRALIA'S MOST ICONIC DESTINATIONS

JLL is pleased to present a rare opportunity to acquire a trophy real estate holding in one of Australia's most famous destinations Byron Bay.

Mercato on Byron, a prime neighbourhood shopping centre, and the adjoining development site are located in the geographical centre of the Byron Bay CBD and offers an unprecedented 1.1-hectare* (combined) site.

Completed in April 2019, this is the first time Mercato on Byron has been offered for sale to the market, providing a unique opportunity to acquire a high-quality neighbourhood shopping centre, with strong forecast population and retail expenditure growth in the trade area.

Key Investment Highlights:

Never before offered to market, protected by high barriers to entry in one of the most tightly held real estate markets in Australia
Strongly performing centre providing a 9.3 year WALE (by income) with fixed income growth from the supermarket (leased until 2069)
Adjoining development site (4,128sqm*) enjoys flexible B2 zoning, providing endless opportunities
Anchored by the only full line supermarket (Woolworths) in the main trade area
Expertly designed and purpose built in April 2019, awarded a 5-star green star retail design rating
Home to one of Australia's affluent demographics fuelled by strong domestic travel
Mercato on Byron and the adjoining Development Site are being offered individually or in one line by way of International Expressions of Interest closing on Thursday 18th March at 2:00pm (AEDT).

To book an inspection or obtain further information, contact the exclusive selling agents at JLL.

*Approximate

Nick Willis
JLL - Sydney
Nick Willis
JLL - Sydney
Sam Hatcher
JLL - Sydney
Sam Hatcher
JLL - Sydney
Jacob Swan
JLL - Sydney
Jacob Swan
JLL - Sydney

Property Highlights

Property ID2016792156
Date Sold18 May 2021
Floor Area8,297 m²
Land Area1.1 ha
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  14 Jul 2021
Map for 98-114 Jonson Street Byron Bay NSW 2481
Map for 98-114 Jonson Street Byron Bay NSW 248198-114 Jonson Street Byron Bay NSW 2481
Nick Willis
JLL - Sydney
Nick Willis
JLL - Sydney
Sam Hatcher
JLL - Sydney
Sam Hatcher
JLL - Sydney
Jacob Swan
JLL - Sydney
Jacob Swan
JLL - Sydney

Property Highlights

Property ID2016792156
Date Sold18 May 2021
Floor Area8,297 m²
Land Area1.1 ha
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  14 Jul 2021
JLL - Sydney
Level 25 420 George Street Sydney NSW 2000
Nick Willis
JLL - Sydney
Nick Willis
JLL - Sydney
Sam Hatcher
JLL - Sydney
Sam Hatcher
JLL - Sydney
Jacob Swan
JLL - Sydney
Jacob Swan
JLL - Sydney
Nick Willis

Nick Willis

JLL - Sydney

Sam Hatcher

Sam Hatcher

JLL - Sydney

Jacob Swan

Jacob Swan

JLL - Sydney

+614 *** ***
+61409595803

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