Back 56 Butler Street
Off Market

56 Butler Street

Byron Bay NSW 2481

5
4
2
487 m²
House
Tara TorkkolaTara Torkkola, last sold this property on 03 June 2021 after 5 days on market.

Overview

UNDER CONTRACT - Huge Income Potential! Coastal Cottage and Studio in the Heart of Byron Bay.

56 Bulter Street offers a unique opportunity to own two completely self-contained residences both with extremely desirable rental potential, in the beating heart of Byron Bay. Situated in one of the most sought-after central locations in Byron Bay, only a moments' walk to the vibrant town centre and boasting dual access, this property is ripe and ready for the discerning buyer. At the front of the property sits the main residence, a picture-perfect coastal beach house that oozes warmth, charm and style. High ceilings, hardwood floors and a functional floorplan with two separate living areas are just a few of the features of this wonderfully versatile home. Two bedrooms offer ensuite bathrooms, whilst the remaining two share the main with bathtub off the central living space. An open plan kitchen and dining space leads out to a covered deck and large private courtyard featuring established gardens and jacuzzi; you feel a million miles away from the hustle and bustle, with no sense of being in the centre of everything! Boasting rear lane access, the fully approved studio is what elevates the potential of this property. Completely separate and fenced off from the main residence, it provides serenity and privacy. Simply designed to be the perfect open plan, one bedroom, loft-style studio with potential for a second bedroom. Secure parking is available behind an electronic gate for the main residence, along with a parking spot for the studio off the rear lane.  Offering charm, warmth, character and an undeniably premium location this property ticks all the boxes for the holiday maker and owner occupier alike. Feature: • Quality property in the centre of town • Ducted air-conditioning and ceiling fans through-out the main residence • Open plan kitchen and dining space leads out to a covered deck • Large private courtyard with established gardens • Rear lane for access to Butlers Lane, allowing private access to approved studio • Generous bedrooms and modern bathrooms • Excellent investment opportunity, strong proven income Council Rates: $4,189.70 pa

Features

5 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
487 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Byron Bay over the last 12 months, the estimated median property value of 56 Butler Street is $4.6m.

Median value
$4.6m
Estimated value range
$1.42m - $8.25m
Median days on market
98
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Byron Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 56 Butler Street

2021
Sold
Undisclosed
03 Jun 2021 by Tara Torkkola, of First National Byron
2020
Sold
Undisclosed
Private Sale/Treaty on 30 Aug 2020 by Helen Huntly-Barratt, of First National Byron
2015
Sold
Undisclosed
10 Dec 2015 by Helen Huntly-Barratt, of First National Byron

Happy sellers in Byron Bay

89%
89% of sellers in Byron Bay reported that their sale price either exceeded or met their price expectations.

Byron Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Byron Bay over the last 12 months.

Local market activity for 5 bedroom houses in Byron Bay

In the last 12 months, 12 five-bedroom houses similar to 56 Butler Street, have been sold.

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