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Knight Frank Australia is pleased to exclusively present to market Lot 2 Melaleuca Drive, Byron Bay. A dynamic development approved parcel, positioned for growth in a vastly changing and in-demand precinct.
Lot 2 Melaleuca Drive presents the opportunity to develop 37 low density residential lots underwritten by a high surrounding median residential land value. In addition, with approval to deliver over 10,000 square metres of light industrial GFA in what is proving to be a supply constrained market.
This opportunity provides purchasers with the chance to capitalise on the established lifestyle and tourism market within Byron Bay. The offering is underpinned by its approved planning status, proximity to retail amenity, schools, hospitals and the Pacific Motorway. Investment in Byron Bay remains responsive to the growing needs of both tourists and permanent residents.
New development surrounding Lot 2 Melaleuca Drive includes the neighbouring residential development, Harvest Estate, offering highly comparable residential land lot product. In addition, the forthcoming Solus Industrial Estate and the adjacent Byron Bay Arts and Industry Estate boast national covenants with premium and industrial space underpinning the surrounding industrial high market rents.
Highlights of this opportunity include:
- Extensive land holding of approximately 11.46 ha* accessible via Melaleuca Drive;
- Development Approval in place and locked in perpetuity with Stage A (Environmental Works) complete;
- 3km* from bustling Byron Bay town centre and 1km from the Pacific Motorway (M1);
- 37,047 sqm* of Low Density Residential;
- GDA of 10,480 sqm* Light Industrial;
- Adjacent to the Byron Bay Arts and Industry Estate and Harvest Estate residential development;
Lot 2, Melaleuca Drive, Byron Bay is offered for sale via Expressions of Interest Closing 4pm (AEDT) Thursday 19 June 2025.
Remember to mention you found this property on DevelopmentReady
Knight Frank Australia is pleased to exclusively present to market Lot 2 Melaleuca Drive, Byron Bay. A dynamic development approved parcel, positioned for growth in a vastly changing and in-demand precinct.
Lot 2 Melaleuca Drive presents the opportunity to develop 37 low density residential lots underwritten by a high surrounding median residential land value. In addition, with approval to deliver over 10,000 square metres of light industrial GFA in what is proving to be a supply constrained market.
This opportunity provides purchasers with the chance to capitalise on the established lifestyle and tourism market within Byron Bay. The offering is underpinned by its approved planning status, proximity to retail amenity, schools, hospitals and the Pacific Motorway. Investment in Byron Bay remains responsive to the growing needs of both tourists and permanent residents.
New development surrounding Lot 2 Melaleuca Drive includes the neighbouring residential development, Harvest Estate, offering highly comparable residential land lot product. In addition, the forthcoming Solus Industrial Estate and the adjacent Byron Bay Arts and Industry Estate boast national covenants with premium and industrial space underpinning the surrounding industrial high market rents.
Highlights of this opportunity include:
- Extensive land holding of approximately 11.46 ha* accessible via Melaleuca Drive;
- Development Approval in place and locked in perpetuity with Stage A (Environmental Works) complete;
- 3km* from bustling Byron Bay town centre and 1km from the Pacific Motorway (M1);
- 37,047 sqm* of Low Density Residential;
- GDA of 10,480 sqm* Light Industrial;
- Adjacent to the Byron Bay Arts and Industry Estate and Harvest Estate residential development;
Lot 2, Melaleuca Drive, Byron Bay is offered for sale via Expressions of Interest Closing 4pm (AEDT) Thursday 19 June 2025.
Remember to mention you found this property on DevelopmentReady
