40 Parkes Avenue, Byron Bay, NSW 2481

Offices | Other | Retail

Sold $830,000

  • Property ID: 328603
  • Floor Area: 128m²
  • Land Area: 128m²
  • NBN Availability: Service Available
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 128m2 128m2 N/A
Investment Sale

Investment Opportunity

Brand New Mixed use terrace within the “Habitat” Community

• Strata Titled lot including use of 1 resident car space and 1 visitor car space
• DA approved for Residential AND commercial / retail use
• New 3 year lease, commenced 1st March 2019
• Annual rent increases Fixed at 3%
• Option to renew for further 3 years
• Rented on commercial lease
• Gross Rent of $52,142.86 per annum
• 3 Months Bond – held as security deposit
• Personal / Director Guarantee
• Leased to Apex Outdoor: Apex.com.au – Furniture Supplied
ESTIMATED OUTGOINGS
Strata and Council yet to be rated/levied. Estimate is based on identical neighbouring properties.
Strata Levies $1329 per ¼ (plus GST)
Council + Water Rates : $546 Per ¼ (not subject to GST)

For Sale $830,000 (including GST)
(note: some purchasers may be able to claim partial GST refunds – consult a qualified adviser to confirm)

Byron Bay Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $1205 ---
Offices $11236 --- ---
Industrial --- $360 ---
This is the average advertised price, rent and yield for Byron Bay, NSW 2481*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 40 Parkes Avenue, Byron Bay, NSW 2481. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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