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 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.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
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