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Mercato on Byron, 98-116 Jonson Street, Byron Bay, NSW 2481

Mercato on Byron, 98-116 Jonson Street, Byron Bay, NSW 2481

Retail Land/Development

  • For Sale
  • Contact Agent
  • Expression of Interest

AN OPPORTUNITY TO CONTROL 1.1HA IN ONE OF AUSTRALIA’S MOST ICONIC DESTINATIONS

  • Never before offered to market
  • Brand new and expertly designed
  • Strong WALE & income reviews

  • Land Area
  • 1.10ha (2.72 acres) (approx)
  • Floor Area
  • 8,297 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Apr 15, 2021

Interested in this property? Contact an Agent today

JLL - Sydney

Level 25, 420 George Street

Sydney NSW 2000

Nick Willis, JLL - Sydney
Nick Willis
Sam Hatcher, JLL - Sydney
Sam Hatcher

AN OPPORTUNITY TO CONTROL 1.1HA IN ONE OF AUSTRALIA’S MOST ICONIC DESTINATIONS

AN OPPORTUNITY TO CONTROL 1.1HA IN ONE OF AUSTRALIA’S MOST ICONIC DESTINATIONS

JLL is pleased to present a rare opportunity to acquire a trophy real estate holding in one of Australia’s most famous destinations – Byron Bay.

Mercato on Byron, a prime neighbourhood shopping centre, and the adjoining development site are located in the geographical centre of the Byron Bay CBD and offers an unprecedented 1.1-hectare* (combined) site.

Completed in April 2019, this is the first time Mercato on Byron has been offered for sale to the market, providing a unique opportunity to acquire a high-quality neighbourhood shopping centre, with strong forecast population and retail expenditure growth in the trade area.

Key Investment Highlights:

• Never before offered to market, protected by high barriers to entry in one of the most tightly held real estate markets in Australia
• Strongly performing centre providing a 9.3 year WALE (by income) with fixed income growth from the supermarket (leased until 2069)
• Adjoining development site (4,128sqm*) enjoys flexible B2 zoning, providing endless opportunities
• Anchored by the only full line

Mercato on Byron, 98-116 Jonson Street, Byron Bay, NSW 2481

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