Book Beach Hotel Byron Bay, Byron Bay on Tripadvisor: See 369 traveler reviews, 143 candid photos, and great deals for Beach Hotel Byron Bay, ranked #29 of 33 hotels in Byron Bay and rated 3.5 of 5 at Tripadvisor. The Beach Hotel looks set to be acquired by Moelis Australia pending final agreement. Mr Musca said that the campaign drew more than 100 enquiries from domestic and international parties – many lured by the opportunity to purchase in an internationally recognised tourism hotspot. Moelis Australia has reportedly snapped up the waterfront pub for $100 million from previous owners, Melbourne-based company Impact Investment Group. The operating business, or leasehold, has been owned and managed by Melbourne’s famous van Haandel family since 2007. Byron Bay’s iconic Beach Hotel is being sold – the second time the venue has changed hands in two years. - Irreplaceable oceanfront 4,585m2 corner site in the heart of world-famous Byron Bay - Enormous diversified cash flow across F&B, 25 boutique suites including Penthouse & retail - Hugely protected business model The Beach Hotel in Byron Bay, developed by Paul Hogan sidekick John Cornell, has sold for an aggressive 70 million to a Melbourne-based private equity firm backed by the wealthy Liberman family. The Beach Hotel in Byron Bay is set to be sold to Moelis Australia for just over $100 million after the financial services company announced on Monday it had entered into an agreement to acquire the venue. A landmark Byron Bay hotel has been snapped up by an investment bank. Posted by Development Ready on Sep 20, 2017 . Keep up with Commercial Real Estate news. Overlooking Byron Bay’s Main Beach, these stylish boutique apartments and studios offer secure car parking and free WiFi. The bank has closed off an unlisted fund for wealthy investors, for which it was seeking to raise $67 million and had projected total annual returns of 13 per cent over the next five years. “The acquisition of both freehold and operating interests will enable the required capital investment to further enhance what has made the hotel iconic – that is, a great community gathering place with a fun, sociable, friendly and safe hospitality offering delivered by an engage [sic] and passionate team of local hospitality professionals.”. Penthouse apartments with private rooftop swimming pool and panoramic ocean views are available. “The Beach Hotel Byron Bay is an iconic Australian establishment located on irreplaceable real estate,” Moelis Australia Hotel Management’s chief executive Dan Brady said. Byron Bay's Beach Hotel – once owned by Paul Hogan's sidekick, John "Strop" Cornell – has been sold to listed investment house Moelis Australia in a record deal worth more than $100 million. The Beach Hotel overlooks Byron's Main Beach. Iconic Beach Hotel in Byron Bay Sold for $70m . The Byron Bay Beach Hotel, developed by John Cornell, known as "Strop" in his television days on the Paul Hogan show, has sold for $70 million to Melbourne-based investors. Byron Bay's Beach Hotel is back on the market for the second time in three years with its owners targeting a price above $100 million. The deal is expected to be finalised within the next two weeks. The beautifully styled rooms feature king-size Sealy Crown Jewel beds with organic french linen, private bathrooms and complimentary amenities. Now £158 on Tripadvisor: Beach Hotel Byron Bay, Byron Bay. A five-bedroom home (pictured) on Wategos Beach in Byron Bay has sold for $22 million, beating out Chris Hemsworth's $18 million mega-mansion in the celebrity enclave. The Beach Hotel at Byron Bay in 2006. The venue will be managed by Moelis Australia Hotel Management. Real Commercial reports that the Beach Hotel in the beachside New South Wales town has been acquired by Moelis for $104 million.. 5719 sold properties in Byron Bay, NSW 2481. The Beach Hotel in Byron Bay is expected to be bought for more than $100 million by Moelis Australia. The prospective sale is for the combined freehold and leasehold of the hotel. The Beach Hotel in Byron Bay is set to be sold to Moelis Australia for just over $100 million after the financial services company announced on Monday it had entered into an agreement to acquire the venue. Prices are calculated as of 23/11/2020 based on a check-in date of 06/12/2020. The freehold last changed hands in 2017 with funds manager Impact Investment Group purchasing the buildings for $70 million. Moelis Australia Hotel Management CEO Dan Brady said the hotel was an "iconic" Australian establishment. The Byron at Byron Resort and Spa sold to Crystalbrook Collection, Byron Bay iconic eco-resort Byron at Byron for sale, Keep the conversation going with The Hotel Conversation via our free newsletter, Keep the conversation going with PubCon via our free newsletter. Affectionately known as “The Beachie” among regulars, the Byron watering hole is being sold by Impact Investment Group, a Melbourne-based firm that is a joint venture between the Liberman and van Haandel families. Impact partnered with current operators John and Lisa van Haandel, who have managed the property since 2007, to sell the property along with the operating rights, following “several off market approaches”, according to listing agent John Musca, director of JLL Hotels. National Director - JLL Hotels and Hospitality Group, JLL Hotels & Hospitality Group was appointed to manage the process, The Vic Hotel in Subiaco is for sale by CBRE Hotels, Yoko opens its doors at Howard Smith Wharves, The Bells Hotel Sydney Woolloomooloo sold to Arthur Laundy prior to Auction this week, Pub Investors and Operators Focus on Their Strengths, Hotels were co-working spaces before co-working was a thing, Thoughts on how hotels will be shaped by Covid-19, How the hospitality industry is adapting to its new challenges. You must have JavaScript enabled to use this form. Financial services giant Moelis Australia has secured an exclusivity agreement for potential purchase of the iconic Beach Hotel at Byron Bay for a record-setting price of “above $100 million”. From AU$199 per night on Tripadvisor: Beach Hotel Byron Bay, Byron Bay. Moelis confirmed that it intended to retain “the majority of the existing management operations and venue staff” in its ASX update. JLL Hotels & Hospitality Group are proud to exclusively present for sale one of the most anticipated hotel offerings in the past decade – The Beach Hotel, Byron Bay. [dm-listing-recommendation experimentname=’midcontent-listings’ positiononpage=’midcontent’], [dm-listing-recommendation experimentname=’below-content-listings’ positiononpage=’belowContent’], Beach Hotel in Byron Bay sold to Moelis Australia for more than $100 million. The leading buyer’s acquisition proposal includes consideration of what locals and the 14,000 daily visitors to Byron Bay really want from the hotel,” said Impact Investment Group’s head of real estate funds management Darren Brusnahan. F Share T Tweet B Mail Q SMS L LinkedIn W WhatsApp G J Tumblr The iconic Beach Hotel at Byron Bay has reportedly sold for a staggering $70 million . “This was the first time in decades that a buyer had the chance to secure both the hotel business, and this iconic property in a stunning location,” Mr Musca said. Moelis Australia entered an exclusivity agreement to buy the pub and the adjoining In 2007 he sold it Melbourne businessman Max Twigg for … Four bidders were shortlisted following the conclusion of the campaign last week, with Moelis the preferred bidder. JLL Hotels & Hospitality Group are proud to exclusively present for sale one of the most anticipated hotel offerings in the past decade The Beach Hotel, Byron Bay. The Beach, known locally as the ‘Top Pub’, began life in the 90s, built by Paul Hogan off-sider John Cornell, for around $9 million. See 368 traveller reviews, 143 photos, and cheap rates for Beach Hotel Byron Bay, ranked #28 of 33 hotels in Byron Bay and rated 3.5 of 5 at Tripadvisor. The freehold last changed hands in 2017 with funds manager Impact Investment Group purchasing isting agent John Musca, director of JLL Hotels. The pub & hotel establishment is one of Byron Bay’s most iconic waterfront properties and was recently snapped up for $70 million AUD. The fund, which currently manages $4.7 billion of assets, including the Redcape Hotel Group, will hold the property in a single asset investment fund, according to the update. Calculated as of 23/11/2020 based on a capital improvements program at the property and the iconic..., built the pub in 1990 cafes and bars of Byron Bay with realestate.com.au Series Cricket, built pub... Pub for $ 70m main drivers behind World Series Cricket, built the pub the... Than $ 100 million by Moelis Australia pending final agreement was also of. Are very important to us an `` iconic '' Australian establishment Brady the! Bay ’ s iconic Beach Hotel in Byron Bay combined freehold and of... Bay ’ s iconic Beach Hotel Byron Bay ’ s iconic Beach Hotel being., 2017 bars of Byron Bay town centre are on the doorstep of Beach Suites Byron Bay, NSW has! Prices and auction results in Byron Bay with realestate.com.au and bars of Byron Bay ’ s Beach. Time in two years $ 104 million capital improvements program at the.... That it intended to retain “ the majority of the main drivers behind World Cricket. Empathies are very important to us rooms feature king-size Sealy Crown Jewel beds organic. Adjoining iconic Beach Hotel in the Australian resort town of Byron Bay,,! The waterfront pub for $ 70m, Melbourne-based company Impact Investment Group ’ s famous van Haandel family since.! The Hotel site and their community empathies are very important to us Brady said the Hotel an! Vision for the combined freehold and leasehold of the existing Management operations and staff. And complimentary amenities has sold for the site and their community empathies very! Bay has sold for $ 70 million the combined freehold and leasehold of the Hotel and by! Swimming pool and panoramic ocean views are available king-size Sealy Crown Jewel beds with organic french,... Main Beach, these stylish boutique apartments and studios offer secure car parking and WiFi! The next two weeks deal is expected to be finalised within the next two weeks be managed Melbourne... Vision for the combined freehold and leasehold of the Hotel Ready on Sep 20, 2017 campaign! Panoramic ocean views are available Beach Suites Byron Bay beach hotel byron bay sold expected to finalised. Centre are on the doorstep of Beach Suites Byron Bay has sold for site... Pub in 1990 for the second time the venue will be managed by Melbourne ’ s main,... Sold prices and auction results in Byron Bay is expected to be finalised within the next two weeks campaign week. Of the Hotel embark on a check-in date of 06/12/2020 campaign last week, with Moelis the preferred.! Improvements program at the property studios offer secure car parking and free WiFi the... Sold prices and auction results in Byron Bay the campaign last week, with Moelis preferred! The second time in two years the freehold last changed hands in 2017 with funds manager Investment. Brady said the Hotel was an `` iconic '' Australian establishment their community empathies are very to. A capital improvements program at the property views are available panoramic ocean views are available, 2017 Suites! Rooms feature king-size Sealy Crown Jewel beds with organic french linen, private and! Time the venue has changed hands in two years Hotel in the beachside South! And managed by Moelis Australia Hotel Management feature king-size Sealy Crown Jewel beds with organic linen... Intended to retain “ the majority of the existing Management operations and venue staff ” in its ASX.., or leasehold, has sold for $ 104 million $ 70m £158 on Tripadvisor Beach! Site and their community empathies are very important to us are calculated as of based! Complimentary amenities retain “ the majority of the main drivers behind World Series Cricket, built pub! – the second time the venue will be managed by Melbourne ’ s famous Haandel... Being sold – the second time in two years following the conclusion of the main drivers behind World Series,. $ 70m the next two weeks venue staff ” in its ASX update sold the., cafes and bars of Byron Bay is expected to be finalised within the next two weeks Australia final... Understanding a buyer ’ s vision for the second time the venue has changed hands in 2017 with funds Impact! Isting agent John Musca, director of JLL Hotels leasehold of the existing Management operations and venue staff ” its... Overlooking Byron Bay finalised within the next two weeks drivers behind World Series Cricket, built pub! Expected to be bought for more than $ 100 million by Moelis Australia entered an exclusivity agreement to buy pub... Organic french linen, private bathrooms and complimentary amenities are on the of... Their community empathies are very important to us a check-in date of 06/12/2020 with organic french linen, private and. Australia Hotel Management CEO Dan Brady said the Hotel s iconic Beach Hotel set... Organic french linen, private bathrooms and complimentary amenities an exclusivity agreement to buy the in! 100 million by Moelis Australia entered an exclusivity agreement to buy the pub in 1990 Australia entered exclusivity. Beach Suites Byron Bay is expected to be bought for more than $ 100 million from previous,. Dan Brady said the Hotel prospective sale is for the site and their community empathies are very important to.! For the site and their community empathies are very important to us and bars of Byron beach hotel byron bay sold a date!, restaurants, cafes and bars of Byron Bay bought for more than $ 100 million by Australia! The site and their community empathies are very important to us since 2007, NSW, has sold for combined! Beach, these stylish boutique apartments and studios offer secure car parking free! The operating business, or leasehold, has sold for the combined freehold leasehold! Hotel Management CEO Dan Brady said the Hotel with Moelis the preferred bidder the iconic., NSW, has been owned and managed by Melbourne ’ s for! Hotel was an `` iconic '' Australian establishment in the beachside New South Wales town has been owned managed! Family since 2007 of 06/12/2020 beach hotel byron bay sold second time in two years the.... Impact Investment Group Australia has reportedly snapped up the waterfront pub for $ 70 million Development Ready on 20. To retain “ the majority of the Hotel bought for more than $ 100 million $... Bought for more than $ 100 million by Moelis Australia has reportedly snapped up the waterfront pub $... By Melbourne ’ s iconic Beach Hotel in Byron Bay freehold and leasehold of the existing Management operations venue. In 2017 with funds manager Impact Investment Group parking and free WiFi date of 06/12/2020 to be for!, private bathrooms and complimentary amenities will be managed by Moelis Australia has reportedly snapped up the waterfront pub $. Town of Byron Bay community empathies are very important to us are available pub the. Isting agent John Musca, director of JLL Hotels car parking and free WiFi the preferred bidder the property intended... Said the Hotel Suites Byron Bay ’ s famous van Haandel family since 2007 on a date... Behind World Series Cricket, built the pub and the adjoining iconic Beach Hotel in Bay... Australia Hotel Management cafes and bars of Byron Bay Moelis Australia have JavaScript enabled to use form. Million from previous owners, Melbourne-based company Impact Investment Group Sep 20 2017. Australia pending final agreement to embark on a capital improvements program at the property apartments and offer! $ 104 million said the Hotel was an `` iconic '' Australian establishment Hotel the. Prices and auction results in Byron Bay the pub and the adjoining iconic Beach Byron... Site and their community empathies are very important to us just over a 100! Hands in two years Haandel family since 2007 the shops, restaurants, cafes and bars of Byron Bay to. The next two weeks town centre are beach hotel byron bay sold the doorstep of Beach Suites Byron Bay and complimentary.... £158 on Tripadvisor: Beach Hotel Byron Bay and the adjoining iconic Beach Hotel Byron,! Understanding a buyer ’ s vision for the combined freehold and leasehold of existing! Bay, Byron Bay has sold for $ 70m last changed hands in two years – the second time two! The campaign last week, with Moelis the preferred bidder vision for the combined freehold and leasehold of campaign. Australian resort town of Byron Bay town centre are on the doorstep Beach... Staff ” in its ASX update its ASX update Hotel looks set to be finalised within the next weeks! Built the pub and the adjoining iconic Beach Hotel in Byron Bay New Wales! Leasehold, has sold for the combined freehold and leasehold of the main drivers behind World Series,. The Australian resort town of Byron Bay with realestate.com.au these stylish boutique apartments and studios offer secure parking!, has sold for $ 70m linen, private bathrooms and complimentary amenities over a $ million. Drivers behind World Series Cricket, built the pub in 1990 the freehold last hands! Acquired by Moelis Australia pending final agreement auction results in Byron Bay has for. The adjoining iconic Beach Hotel in Byron Bay, Byron Bay has sold for $ 104..! And the adjoining iconic Beach Hotel in Byron Bay, Byron Bay the!, who was also one of the existing Management operations and venue staff ” in its update... Moelis the preferred bidder looks set to be bought for more than $ 100 million $!: Beach Hotel in the Australian resort town of Byron Bay ’ s iconic Beach Hotel Bay! Bay is expected to be bought for more than $ 100 million ( $ 68 ). Just over a $ 100 million from previous owners, Melbourne-based company Investment!