Byron Bay, New South Wales

Premier High Net Holiday Business in supercharged Byron Bay market! | Resort Brokers ID : MR008547

OFF MARKET LISTING

Business Description

ResortBrokers is excited to present an iconic Management Rights opportunity offering exceptional returns circa $504k and consistently high occupancy rates, ideally located in the prime coastal tourist hotspot of Byron Bay.

East on Byron has a total of 30 luxury villas, 23 of which are in the letting pool and is the last short-term building to ever be approved by the council in Belongil, ensuring no further competition and is 100% zoned for tourism and STRA exempt. With topped up 10-year agreements in place, East on Byron provides a secure and profitable venture for the prospective buyer.

If you have been looking for a sea change business, there is no hotter market than Byron Bay, do yourself a favour and move quickly to secure this premier investment in in the highly sought-after Byron Bay area.

- Astounding net profit of approximately $504k
- Flexible management options with no requirement for onsite living
- Fully zoned for tourism with STRA exemption and secure 10-year agreements
- Real estate package includes a one-bedroom unit, office, reception, linen storage room, and car park
- Prime location across from Belongil Beach and a short walk to Byron's centre
- Unique property as the last short-term building approved by council in Belongil
- Prestigious recognition with Booking.com's Traveller Review Award - 9/10
- Property comprises apartments with 23 in the letting pool
Date updated: 12 Jan 2025 22:00:07

Business Summary