The transaction is the latest example of the surge in interest which has lifted prices dramatically in Byron Bay’s commercial and residential markets.
One of Byron Bay’s best-known retail destinations, the Timperley’s Corner building, has been sold by one of the area’s founding families after close to 90 years of ownership.
On the corner of Jonson and Lawson streets, the building had been owned by the Timperley family since 1935 and was run in the early days as a motor mechanics workshop.
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