SOLD
33 Byron Street Bangalow NSW
1 1 0 0 m2 House

Property Description —

Retail shop and residence in heart of Bangalow

Supremely located and standing tall in the heart of the iconic Bangalow’s bustling main street, this classic double-storey commercial building with its character flair and rich history, is tenanted with consistent and steady returns.

Popular with locals and with a steady stream of tourists drawn to the colourfully creative, vibrant village lifestyle, Byron Street itself is a hub of activity showcasing excellent local food, boutique shopping and an array of regional arts.

Uniquely one of a kind, this richly historical building is the image most photographed and remembered in representing the true soul of Bangalow.

Currently hosting the local favourite Ciao Mate on street level, the premises are licensed and producing a steady, consistent income. The restaurant/cafe has a main dining and seating area, commercial kitchen, bathroom, storage, and a beautiful undercover rear courtyard seating area. A perfect atmospheric space in which to enjoy the tropical climate and excellent food.

Upstairs houses a local business utilising the light-filled office/study space with kitchen and bathroom facilities and a front balcony overlooking the main street.

Features:
– Main street appeal and prominence in a prime central location.
– Licensed premises since 1980’s with the tenant acting as the Licensee. The license is a drink-and-dine with no restrictions and stays with the building
– The license also extends to the footpath
– Downstairs has a dining space, commercial kitchen, bar area, bathroom facilities, storage and outside undercover seating area
– Upstairs is self-contained with kitchen/living/dining plus 2 bedrooms/office space
– Potential to extend and/or enclose the deck as leasable space and generate further revenue
– 50% of the upstairs area is permissible for restaurant use, and 50% is zoned for general commercial use
– Four new air conditioning units
– Front and rear outdoor covered verandah
– Versatile commercial/home business space
– Two solar remote-controlled opening skylights and one fixed skylight in the upstairs area
– 15 mins to Byron Bay

Per Annum Charges:
– Council Rates: $4,867.00
– Insurance: $4,189.00
– Land Tax Land Value: $466,000

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

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