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News release

BRISBANE

Development site in tightly held Byron Bay announced for sale by JLL

4,542sqm site in Shirley Street is for sale via Expressions of Interest


​​A residential development site in one of the country's most tightly held real estate markets has been announced for sale by JLL's Sales & Investments Team.

The 4,542sqm site in Shirley Street, Byron Bay is for sale via Expressions of Interest closing 4pm (AEDT) on Thursday 23 March 2017.

JLL's Blake Goddard said this was an offer to the market that would stir national interest and perhaps even inquiry on an international scale.

The property is being offered with a development approval for 17 luxury 3 bedroom apartments facing Byron Bay's main beach.

"Byron Bay is the jewel in Australia's tourism crown, a stunning place, therefore making it an incredibly tightly held property market. The site provides direct beach access and is situated within 300m from Byron Bay's high street representing a true rarity," he said.

"Byron Bay has seen significant capital growth in the past few years and is set to continue as the increase in investment from Brisbane, Sydney and Melbourne high net worth privates continue. Byron Bay is easily accessible being under two hours' drive from Brisbane and accessed by multiple flight routes from Sydney and Melbourne," he said.

"The ability to purchase a beach front location of this scale, right in the heart of Byron Bay is truly an opportunity that should not be passed. Further enhancing the offering is the high quality approval which was designed by award winning Architectural firm, Hayball," said Elliott O'Shea of JLL.

The Expression of Interest campaign launches on Tuesday 21st February via a national campaign.