Hotel/Leisure for Sale

Byron Bay 

$1,250,000 UNDER OFFER
  • Building/Land: 1m² (0 acres)

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Hotel/Leisure for Sale in Byron Bay

UNDER OFFER - Management Rights For Sale in Byron Bay Tourist Precinct

  • Building/Land: 1m² (0 acres)

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
  • 8 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 in further income.

* Also available to purchase as an option with the management rights are 3 x 1 bedroom apartments. Please inquire for more information

Building:

1m²

Land:

1m² / 0 acres

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