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8 Parkes Avenue, Byron Bay$1.55m
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For Saleapartment

8 Parkes Avenue

Byron Bay, NSW 2481, Australia
$1.55m
1 bed 1 bath120 m²

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About this property

This flexible mixed-use property offers dual income across established commercial and residential leases. A functional commercial space on the ground floor is seamlessly combined with a private, comfortable apartment above, making it easy to run your business and live on-site. Ground floor commercial space: Versatile open-plan layout with two street frontages perfect for a showroom, office, or creative studio. Accessible toilet facilities for clients and staff. Concrete slab between levels ensures privacy and noise separation. Separate entry points keep business and home life distinct. Upstairs residential apartment: Modern one-bedroom design with spacious open-plan living. Peaceful pool views and plenty of natural light. Comfortable, private, and move-in ready. There's also pre-approval in place to incorporate part of the lower level into the residential footprint, creating an extra living space or second bedroom on the ground floor, giving you the option to create a larger apartment alongside your commercial area if desired. Leased Investment: The property is currently leased across both commercial and residential components on two separate leases, providing a balanced income profile with a 3-month bond and personal/director guarantees. Commercial income: $41,184 per annum Residential income: $41,714 per annum Total gross income: $82,898 per annum Beyond your front door, Habitat offers an inspiring community atmosphere with resort-style amenities: 25m lap pool + therapy pool with showers & change rooms Covered BBQ area and ping pong tables Edible gardens Super-fast fibre NBN broadband Licensed cafes & restaurants Flagship retail, beauty, and fitness outlets For Sale: $1,550,00 + GST For an exclusive look at this unique investment, contact Marta today and arrange your inspection.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
120 m²
Listed
Yesterday

Repayment calculator

$7,514/month
$3,757 /fortnight
Loan $1,240,000 at 6.10% over 30 years

Upfront costs

Deposit$310,000
Stamp duty$65,474
Conveyancing (est.)$2,000
Total upfront$377,474
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Byron Bay

This 1-bedroom apartment in Byron Bay, NSW 2481 sits within reach of public transport, local shops and nearby schools. It is listed 18% below the $1.90m median of 59 comparable apartmentswithin 5 km.

Schools near Byron Bay

  • Cape Byron Rudolf Steiner Schoolcombined · K-12 · CoEd
  • Byron Bay Public Schoolprimary · K-6 · CoEd
  • Byron Community Primary Schoolprimary · K-6 · CoEd
  • St Finbarr's Primary Schoolprimary · K-6 · CoEd
  • Byron Bay High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)269 m away
  • Byron Bay Smash Repairs196 m away
  • Sunrise Park812 m away

Byron Bay at a glance

Full suburb profile
Population
6,330
Median age
39
Household income
$1,561/wk
Median rent
$600/wk
Median mortgage
$2,167/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Byron Bay price trend

Median sold · Unit 1 bed

Compound growth +7.0% / yr over 4 yrs

$825kcurrent median

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Price history

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1 price change recorded for this property

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