8 Parkes Avenue
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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
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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 Repairs — 196 m away
- Sunrise Park — 812 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
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Listing price changes
1 price change recorded for this property
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