Byron Bay, New South Wales
$1,195,000
Property Description
There is no hotter market than Byron Bay... the time to secure your slice is now | Resort Brokers ID : MR006619
Look no further if you are chasing a Byron Bay resort business that packs a little punch. Perfectly situated on bustling Shirley Street and only a short walk to the beach and restaurants in town, this boutique sized complex can be run solo as well as enjoying extra income by having no requirement to reside on site. Take advantage of the local tourism boom that is driving Byron Bay's business growth and book an inspection today!
- $149k net profit + $60k incremental income from manager's unit (+$209k actual)
- Topped up agreements
- No set office hours
- No requirement to reside on site
- Perfect Byron Bay location with booming local tourism market
- Easy to manage facilities can be run solo or as add on business
- Post COVID performance is solid with room to continue growth
- Property inspections are by appointment only
Property Summary
Business Snapshot
Price: $1,195,000 Net Profit: $149,751 Remuneration / Body Corp Salary: $29,295Managers Unit
Value of Managers Apartment: $700,000Bedrooms: 2Bathrooms: 1Complex Information
Complex Type: Resort / HolidayTotal Units in Complex: 16Total Units in Letting Pool: 11Holiday Units: 11Owner Occupy Units: 1Outside Agent Units: 3Lockup Units: 2Agreement Term Remaining: 10 years
Listing Tools
This listing last updated: 9th April 2021
Property Map
Map Location ( get directions )
Byron Bay, New South Wales 2481 Exact map location not provided