BYRON BAY POTENTIAL. YOUR VISION. YOUR OPPORTUNITY.

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5 Cooper Street, Byron Bay NSW 2481

Guided Price $1,580,000 - $1,680,000

Search Band Search Visibility Band

$1.58M - $1.66M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 629 m²

Listed: 6 hours ago

Overview

This noteworthy property sits on a substantial 629sqm block in the sought-after coastal town of Byron Bay, offering a promising foundation for those eager to embrace the coastal lifestyle or explore renovation opportunities. The three-bedroom residence presents a functional layout highlighted by a spacious living area and separate dining, complemented by a centrally located kitchen that fosters ease of movement and practical living.

Outdoor entertaining and family gatherings are well catered for with a covered patio, alongside established gardens that grace both the front and rear yards, providing a tranquil environment to relax or entertain. Convenience is enhanced with a single lock-up garage and additional open parking, accommodating multiple vehicles and visitors alike.

The property appeals to a diverse range of buyers: renovators will appreciate the scope to creatively enhance the interiors and tailor the home into a personalized retreat, while investors may find value in the existing long-term tenancy, ensuring an immediate rental income stream. For those with vision and ambition, the land and location offer potential for further development subject to planning approval, allowing a strategic approach to capital gain in this high-demand area.

Beyond the property, buyers benefit from proximity to Byron Bay’s renowned beaches, cafes, shopping, and local amenities, cementing its appeal as a lifestyle destination. Whether seeking a renovation project, a sound investment with growth potential, or a place to craft a new home, this property invites exploration of its many possibilities and accessible Byron Bay living.

Local Market Insights

In Byron Bay, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $3,354,336. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (7%), and units (4%). The most active agency for houses in the Byron Bay area is currently Sotheby's International Realty, representing 64% of new listings, followed by Lifestyle Group with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.