18 Centennial Circuit, Byron Bay

Retail

PREMIUM BOUTIQUE INVESTMENT - 13 TENANCIES IN ONE LINE
Adam Charles as exclusive agents is delighted to present 18 Centennial Circuit, Byron Bay, to the market by way of public auction with clear instructions to sell!

Centrally located within the coveted Byron Arts and Industry Estate, 18 Centennial Circuit offers a distinctive investment opportunity with 13 suites over 2 levels. Recently renovated in 2020, this industrial-zoned (E4) freehold complex is well-regarded as one of the Estate's premier properties and is immaculately presented.

Property Highlights:
> Premium industrial investment opportunity in Byron Bay's renowned & tightly held Byron Bay Arts & Industrial Estate
> Substantial 1,598 sqm land holding in an area of high demand
> 2 storey industrial retail complex, completely refurbished in 2020
> 13 existing suites, creating a diverse and secure income stream
> Estimated fully leased net income c$312,000 per annum
> All outgoings recovered by existing tenants
> Easy in & out driveway access & 18 parking spaces
> Additional common bathrooms with showers
> Substantial net lettable area of 740.45 sqm
> Primarily high exposure ground floor retail plus office mezzanine level
> Potential development upside with FSR or 0.9:1
> 1,438.2 sqm of potential GFA (STCA)
> E4 General Industrial Zone
> Idyllic location, minutes from Byron Bay's beaches and easily accessible by the Byron Solar Train or major arterial roads

18 Centennial Circuit, Byron Bay, is offered for sale via public auction, held at AuctionWorks Sydney CBD on Tuesday 16th April from 10:30 am.

Online bidding & and viewing will be available on the auction day.

Please contact the agent to arrange an inspection.

For more information or for a copy of the information memorandum & due diligence package, please contact the exclusive agents.

Contact Agents

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