A boutique wellness retreat on an expansive land holding in the Byron Bay hinterland for sale by Gus Moors, Karen Wales and George Hudson of Colliers International.
A boutique wellness retreat on an expansive land holding in the Byron Bay hinterland has come to market.
Sitting on approximately 33.9-hectares of land, the Hinterland Retreat consists of seven standalone buildings (four with rooms and three utility) and offers 15 eco-chic appointed rooms. All buildings have a multitude of uses allowing for experiences like yoga, meditation, sound healing, massage therapy and group activities.
Significantly, the Retreat offers the highly sought-after potential for future development through two separate approvals that will allow the purchaser to significantly increase their inventory through several new buildings.
Since its purchase in 2014, the Retreat has been constructed to the highest sustainability standards, fitting in with the theme of the region. The Retreat provides the perfect blank canvas with its well-appointed guest rooms and flexible meeting spaces.
The Colliers team of Gus Moors, Karen Wales and George Hudson have the listing, in-conjunction with Matthew McCormack and Michael Gudgeon of Ray White. It has price expectations of $10 million.
“The Hinterland Retreat is an exciting opportunity to secure a large tourist zoned site amongst the pristine hinterlands that provides an incoming purchaser with a blank canvas to truly make their mark in one of Australia’s highest growth tourism regions,” Mr Moors said.
“The Retreat has been strategically constructed to provide an incoming purchaser with a wellness offering that complements its unique location and affords different and varied room types with development opportunities to immediately expand upon to safely secure a foothold in this fantastic market,” Mr Hudson added.
Byron Bay has become the go-to destination for wellness holidays, with the pandemic increasing demand as people become more health conscious. The Retreat’s location in the hills of the Byron Bay hinterland adds to this, as it is surrounded by a tropical rainforest filled with iconic native animals.
“Properties with this amount of approved multiple dwellings are very rare in the area. The foundations are set in place for an outstanding opportunity for hotel and retreat investors. We expect strong interest from organisations seeking a position within the ever-popular Byron Hinterland,” Mr McCormack said.
Unlike many other retreats that are isolated, the property is easily accessed through the domestic Ballina/Byron Airport, Gold Coast International Airport and through the Gold Coast.
The Hinterland Retreat is being offered for sale by Expressions of Interest (EOI) closing Wednesday October 5th at 12 pm AEST.
For more information contact the agents via the contact form below.