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