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SOLD - Byron Bay - Iconic Byron Bay Commercial Asset - Moments to the Beach
76-78 Shirley Street Byron Bay NSW 2481
Investments
Investment
Property No.
Key Property Highlights
| Building Area | 625 sqm |
|---|---|
| Land Area | 2023 sqm |
| Parking | 10 onsite car parks |
| Listing Status | Sold |
Cushman & Wakefield is pleased to present to the market 76-78 Shirley Street, Byron Bay for Sale via Auction.
The property has the following key characteristics:
- 15 year net lease to 2035 + options to 2065
- EG Group - Multinational fuel & convenience retail giant with 2019 Revenue of $32.4 Billion & 6,012 locations globally
- EG Group - Acquired Woolworths Petrol for $1.7 Billion & operate 540+ Woolworths Caltex service stations
- Prime entrance ‘gateway’ position situated on main thoroughfare to & from Byron Bay
- Convenient dual street access for multidirectional travel
- Byron Bay - World renowned tourist mecca with 2.2 million visitors annually
- Newly built in 2009, the site offers modern improvements & dual-skinned fibre-glass tanks
- Favourable environmental provisions, ownership of the tanks & remediation the responsibility of EG Group
- Tenant pays all outgoings including Land Tax
- Net Income $300,000 pa + GST
The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 5 November at 12 noon AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.
Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.
Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.