Very rarely does an opportunity like this present in Byron Bay! This is a unique opportunity to secure financially rewarding Byron properties (averaging $350k in annual revenue!) built from hard work, substantial resources and business acumen invested by the owners!
Operated for the past 10 years as successful, highly sought-after, meticulously maintained holiday let houses, Starr Cottage and Skye Lodge are now being offered to the market.
Located in one of the best locations in Byron Bay right in the centre of town this dual occupancy property offers 12 bedrooms and 6 bathrooms within extensive infrastructure across two large houses and a care-takers unit. All of Byron’s major attractions are right at your doorstep yet you’ll feel a million miles away from it all as you’re tucked away in quiet Shirley Lane.
The houses have been carefully renovated with the utmost respect to their original era the finishes and furnishings across the houses are beautifully appointed including high ceilings, tongue and groove VJ walls, double hung timber windows, ceiling roses and beautiful wide timber floor boards.
Starr Cottage, located at the front of the property, is stylishly renovated charming 4 bedroom, 2 bathroom home, with high ceilings and original, beautifully restored features. The private parents retreat upstairs features an en-suite, with a separate annexe off the bedroom that could be used as an extra bed or study. The kitchen is sparkling with granite benchtops and European appliances. The private chic swimming pool is surrounded by tropical gardens and sandstone, with a grassy child friendly garden.
Beautiful Skye Lodge is a gorgeous sprawling unique house located at the rear of the property, with direct access to the rear lane, additional parking, bike track, and backing onto Cumbebin Reserve. From the charming panelled walls to high ceilings, you will feel like you’re in the era from which the Queenslander house was built. Skye Lodge has 7 bedrooms and 3 bathrooms in total (one with a clawfoot bath), including a master bedroom with en-suite bathroom, bigger than some Sydney apartments.
The typically Byron style balcony overlooks the private tree lined garden, large BBQ and outdoor entertaining area and a sparkling swimming pool – for alfresco dining Australian style! Downstairs there is also a recreational room which is used for many purposes, including group activities, conferences or yoga workshops.
The care-takers unit is a private one-bedroom apartment below Skye Lodge, including bathroom, kitchen and courtyard. This apartment has always been occupied with the on-site care-taker but could be used for accommodation or rented out as well.
The current owners have built and operated a successful committed holiday property rental business over 10 years that delivers financial returns unrivalled by many other investments. The unique structure and finishes of the property make these houses one of a kind, and the extensive infrastructure on the block ensure generous returns on investment.
Additional value can be created for that astute investor, by strata or subdividing the houses, further development of the properties for additional accommodation, conversion to B&B, yoga retreats, residential conference, rehab facilities (all STCA) the opportunities are endless!
There is substantial business good will and value built up over several years of returning guests and reviews, as well as luxury furniture and furnishings, IT systems, booking systems, and a dedicated team of staff that would all be available to transfer with the business by negotiation.
Rarely does an opportunity like this present in Byron Bay! It is not to be missed.