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.
