23 Byron StreetBangalow NSW 2479
Property Details for 23 Byron St, Bangalow
23 Byron St, Bangalow is a 0 bedroom, 0 bathroom Unit and was built in 2004. The property has a land size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 0 bedroom Unit sold in Bangalow in the last 12 months.
Last Listing description (September 2023)
Strata area of 79sqm (approx.) fully leased to Bangalow Pharmacy
Annual income (as at 18 September 2023) of $48,673 net plus GST (approx.)
Outgoings are 100% payable by the tenant in addition to the rent
This prime retail space forms part of a beautiful heritage building which has been continuously occupied by a pharmacy since circa early 1900's. It presents a unique opportunity for those looking for a solid income generating asset in a very tightly held precinct offering exposure to loads of passing foot traffic, including daytrippers, holidaymakers and members of the thriving community of Bangalow.
Surrounded by vibrant cafes and popular boutiques, the property is also located directly opposite Bangalow post office and just 15 minutes drive to Byron Bay. The property features an awning-covered heritage style shopfront and quality internal fitout, including high ceilings, rosettes and timber floors, as well as kitchenette and bathroom facilities to the rear.
Council Rates: $3,384 per annum (approx.) payable by the tenant
Strata Levies: $4,200 per annum (approx.) payable by the tenant
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.
Property History for 23 Byron St, Bangalow, NSW 2479
- 24 Sep 2023Sold for $975,000
- 04 Sep 2023Listed for Sale $975,000
- 22 Jan 2014Listed for Sale $520,000
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0About Bangalow 2479
The size of Bangalow is approximately 24.1 square kilometres. The population of Bangalow in 2011 was 1,903 people. By 2016 the population was 2,022 showing a population growth of 6.3% in the area during that time. The predominant age group in Bangalow is 40-49 years. Households in Bangalow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bangalow work in a professional occupation. In 2011, 65.2% of the homes in Bangalow were owner-occupied compared with 70.4% in 2016.
Bangalow has 1,321 properties. Over the last 5 years, Houses in Bangalow have seen a 60.95% increase in median value, while Units have seen a 69.28% increase. As at 31 July 2024:
- The median value for Houses in Bangalow is $1,552,360 while the median value for Units is $1,006,819.
- Houses have a median rent of $900 while Units have a median rent of $715.
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