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Byron Bay Investment Across The Road From Woolworths

New commercial/residential building completed September 2005 with main street frontage to Jonson Street directly opposite the Woolworth's shopping complex.The building comprises three commercial retail outlets on the ground floor ranging in size from 80-90 sq meters each and has rear lane access to 19 car parks.The middle floor office space of approx 130 sq meters is fully leased with one tenant.The office has access via staircases at the front and rear of the building and also a lift from the ground floor at the rear.The Penthouse is approx 128 sq meters consisting of a one bedroom extremely spacious apartment with a very high quality fit out including black butt flooring, laminated glass for soundproofing and floor to ceiling tiling in the bathroom. The Penthouse has an exclusive lock up garage. The Penthouse would achieve a permanent rental of $500 per week or an estimated holiday letting income of $40,000 -$50,000 per annum. These figures are based on similar properties adjoining 93 Jonson Street.Rental details for Commercial tenants are available upon request.This property has not been fully developed to its maximum potential and currently, plans have been prepared and lodged for 3 apartments to built on the site.For further details call Troy Outerbridge 0418 604 525 or email troy@northcoastcommercial.com.au.