8 Milton Street, Byron Bay NSW 2481

Large 940m² block in central Byron | dual-dwelling potential confirmed | strong rental demand | heritage and bushfire overlays present This property offers a rare combination of generous land size and prime positioning within walking distance to Main Beach and the town centre. The confirmed presence of two dwellings adds significant versatility, whether for extended family accommodation, a home-and-income arrangement, or holiday letting. The estimated rental range supports strong holding capacity, and the large block provides optionality that many nearby properties lack. This property is best suited to a buyer seeking a premium residential holding with income flexibility in a tightly held location. The heritage and bushfire overlays are the primary constraints here, as they may limit future redevelopment or significant alterations. A buyer should verify the extent of these restrictions before proceeding. The dual-dwelling configuration, while an advantage, also requires confirmation of its legal status and any council approvals. The property’s appeal to both owner-occupiers and investors underpins its liquidity, but the overlays mean its value is more tied to current use than development upside.