Sell with Confidence
Read More
Sold
Hotel/Leisure

Byron Bay NSW 2481

Sold on 21 Dec 2021
  • Building/Land: 1m²
Agents

Sold By

  • Loading...

Hotel/Leisure in Byron Bay

Byron Bay Management Rights

  • Building/Land: 1m²

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 holiday complex.
  • Resort style Apartments & complex located in the hugely popular Shirley Street precinct.
  • Complex of 16 apartments in total
  • 11 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 $65,000 approx in further income.
Building:

1m²

Land:

1m² / 0 acres

Tenancy:

Vacant

Categories:

Other, Hotel/Leisure

Byron Bay, NSW 2481