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Byron Bay Management Rights

BYRON BAY NSW, 2481

For Sale

Property for Sale in BYRON BAY NSW, 2481

Listing ID:
11346102
Status:
Active
For:
Sale
Price:
New Price $1,195,000
Last Updated:
18/06/2019
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Property Type

Hotel/Leisure/Hotel/Leisure
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Land Area

1 SQM
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Floor Area

1 SQM
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Parking

N/A

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
• 9 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.

For more details, please email agent

Ray White Byron Bay

15 Fletcher Street , Byron Bay, NSW 2481


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