Shirley Street Byron Bay NSW 2481
- Hotel, Motel, Pub & Leisure
- 1 m²
- For Sale, $1,195,000
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
• 10 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.
- Commercial loan calculator
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.