The carpark and shops next to the old Woolies in Byron Bay look set to be sold to a developer, raising the prospect of another build on the already-heaving strip.
The Echo has confirmed that the 1.3-acre site, at 90-96 Jonson Street – directly to the north of the old Woolies – is on the market and that an offer has been made.
The selling agent, Roland Evans from Canford Estate Agents, confirmed that the property was ‘under offer’.
‘The parties are currently doing their due diligence on the site,’ Mr Evans said.
‘That process could take some time.’
Aimed at developers
While Mr Evans declined to identify the prospective buyer, the real estate listing for the property is clearly aimed at developers.
‘The site presents a rare and possibly final opportunity of this nature for a developer/investor,’ it says.
‘Site Zoning B2 allowing [sic] for a number of development outcomes. Further investigations may allow for residential and/or hotel [sic].’
The property is currently home to an 85-space carpark and 14 shops and restaurants.
It lies directly adjacent to the old Woolies building, which is itself the subject of a proposal for a $40m mixed-use development that includes a 146-room hotel, function centre, and retail premises.
Named Essence of Byron, this three-storey proposed development is topped with a private rooftop pool and bar that takes it more than 20 per cent above the 11.5m height limit for central Byron.
The development’s 7,515 square metres of floor space also represents a 36 per cent exceedance of the floor-space ratio limit for this part of town.
Byron Council’s willingness to allow the Mercato shopping centre to exceed height limits appears to have encouraged the developer to seek further breaches on the Woolies site.