THE BOWER BYRON BAY/28-30 Bangalow Road Byron Bay NSW 2481

Hotel, Motel, Pub & Leisure
4,495 m²
Sold

THE BOWER BYRON BAY

Near new luxury boutique hotel
Highly profitable business operation
Byron Bay to lead tourism recovery

CBRE Hotels have been retained exclusively to market one of Australia's hottest new hotels - The Bower Byron Bay.

Byron Bay will lead Australia's tourism recovery.

Key investment highlights:
- New 5.0-star luxury boutique hotel
- 4,495sqm freehold site
- No CAPEX required + substantial depreciation benefits
- A highly successful business operation with operational simplicity, essentially a rooms department only, given the limited amenities/facilities the hotel is able to deliver exceptional profit margins.
- Byron Bay is known as a wellness & health destination, and was one of the last markets in Australia to see hotel occupancies fall, and will be one of the first to recover, being a highly sought after
domestic destination.

EXPRESSION OF INTEREST

Closing date and time	25/06/2020 13:00
Recipient name	Ask Agent
Delivery address	FOR SALE BY EOI

Property Highlights

Date Sold	31 Jul 2020
Floor Area	4,495 m²
Land Area	4,495 m²
Parking	On site parking available
Property ID	2016069925
Category	Hotel, Motel, Pub & Leisure Development / Land
Last updated	7 Aug 2020

Map for THE BOWER BYRON BAY/28-30 Bangalow Road Byron Bay NSW 2481

Nearest transport* to THE BOWER BYRON BAY/28-30 Bangalow Road Byron Bay NSW 2481

Bus

Train

Tram

Ferry

Did you find this helpful?

Yes

Property Highlights

Date Sold	31 Jul 2020
Floor Area	4,495 m²
Land Area	4,495 m²
Parking	On site parking available
Property ID	2016069925
Category	Hotel, Motel, Pub & Leisure Development / Land
Last updated	7 Aug 2020