This well known CBD development site is fabulously located within walking distance to Byron Bay’s famous shops and popular Main Beach. Situated on a level 1,012sqm allotment with DA approved plans for 8 Luxury Eco Friendly Holiday Apartments and 180m2 of retail space.
* DA approval for 8 Holiday Apartments (6 x 1 bedroom and 2 x 2 bedroom)
* 1 bedroom apartments dual keyed
* 180 m2 of retail space (1-4 shops)
* Rear lane access plus 21 ground level car spaces
* DA Commenced ( no expiry date)
* Section 96 contributions $78k when adjusted for CPI just over $100k (2013)
* Existing dwelling currently rented for $950 per week that is suitable for relocation
The approved development is an innovative eco building design with a mix of commercial retail and tourist components. It has been designed with a high level of environmental self sufficiency including:
* Rainwater harvested and stored (up to 1m litres)
* Passive solar design
* Strategic use of Double Glazing glass
* Roof designed to accommodate for ducted ventilation
Properties like this offering the chance to develop to sell, lease or utilise within Byron Bay’s town centre are rare. This is an exceptional opportunity so inspecting should be high on your list of priorities.