45 Shirley Street, Byron Bay, NSW 2481 | Property Value & History | OnTheHouse
OFF MARKET

45 Shirley Street
Byron Bay NSW 2481

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1220m2
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Property Details for 45 Shirley St, Byron Bay

Building Type
Commercial
Year Built
1997
Land Size
1220m2
Local Government
Byron
Lot/Plan
CP/SP54115

Last Listing description (January 2022)

A fantastic opportunity presents itself with the chance to purchase the Management Rights and Residence at Trip Adviser's No 1 ranked holiday accommodation in arguably the most sought after tourist destination in Australia.

Byron Bay Business & Lifestyle in highly regarded holiday complex.

• Resort style Apartments & complex located in the hugely popular Shirley Street precinct.
• Complex of 16 apartments in total
11 x 1 bedroom apartments under management rights
1 x 2 bedroom apartment being the managers residence
Main road and rear lane access to ample undercover parking
Sparkling salt water in-ground swimming pool
Tropical gardens and covered outdoor BBQ area
Exclusive use of the office, store rooms, laundry and linen storage.
Scope to build the business and increase the annual occupancy from 74%
Improvements can be made with strategies around direct bookings and online deals
Byron Bay is a must do destination and has seen exceptional growth in recent times
There is currently an agreement in place allowing the managers to live off site and enabling the managers apartment to be in the letting pool and generating $65,000 approx in further income.

Property History for 45 Shirley St, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$350,000
24 Oct 1995
  • 23 Mar 2018
    Listed for Sale Management Rights $1,250,000
  • 24 Oct 1995
    Sold for $350,000
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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. There are 13 parks, covering nearly 25.3% of the total area. The population of Byron Bay in 2016 was 5521 people. By 2021 the population was 6330 showing a population growth of 14.6% in the area during that time. The predominant age group in Byron Bay is 30-39 years. Households in Byron Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation.In 2021, 55.20% of the homes in Byron Bay were owner-occupied compared with 57.30% in 2016.

Byron Bay has 6,030 properties. Over the last 5 years, Houses in Byron Bay have seen a -4.11% decrease in median value, while Units have seen a 12.11% increase. As at 31 July 2026:

  • The median value for Houses in Byron Bay is $2,429,050 while the median value for Units is $1,336,173.
  • Houses have a median rent of $1,350 while Units have a median rent of $900.
There are currently 51 properties listed for sale, and 23 properties listed for rent in Byron bay on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Byron bay.

Suburb Insights for Byron Bay 2481

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.