Offering luxurious accommodation in the heart of Byron Bay, 28 Degrees Byron Bay is just 2 minutes' walk from the town centre and a 4-minute walk from the beach. The ASX-listed company confirmed that it intends to pay “slightly above $100 million” for the pub at 2-10 Bay Street in the popular tourist town, pending finalisation of the sale and purchase agreements, in an update to shareholders issued on Monday morning. View the latest property sold prices and auction results in Byron Bay with realestate.com.au. 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 the buildings for $70 million. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Hotel Conversation and Williams Media. Funds manager Impact Investment paid $70 million for the 4585-square-metre freehold asset, which includes 25 boutique hotel suites, retail and food and beverage areas, in 2017. Moelis confirmed that it intended to retain “the majority of the existing management operations and venue staff” in its ASX update. "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,” he said. 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. Beach Hotel Byron could be for you! The Beach Hotel looks set to be acquired by Moelis Australia pending final agreement. The pub & hotel establishment is one of Byron Bay’s most iconic waterfront properties and was recently snapped up for $70 million AUD. The freehold last changed hands in 2017 with funds manager Impact Investment Group purchasing The Beach Hotel in Byron Bay is expected to be bought for more than $100 million by Moelis Australia. Byron Bay’s iconic Beach Hotel is being sold – the second time the venue has changed hands in two years. Moelis Australia has entered into an exclusivity agreement in relation to the acquisition of both the real estate freehold and operating business of the Beach Hotel, Byron Bay in a deal facilitated by John Musca of JLL Hotels and Hospitality. 5719 sold properties in Byron Bay, NSW 2481. If you’ve ever visited Byron Bay, there’s a good chance you’ve had a few bevvies and watched the sunset from the Beach Hotel. The Beach Hotel in Byron Bay is expected to be bought for more than $100 million by Moelis Australia. The deal is expected to be finalised within the next two weeks. Four bidders were shortlisted following the conclusion of the campaign last week, with Moelis the preferred bidder. If the transaction - which remains subject to finalisation of sale and purchase agreements- proceeds, , the Beach Hotel will be managed by Moelis Australia Hotel Management, with the intention to retain the majority of the existing management operations and venue staff. 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. 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. The venue will be managed by Moelis Australia Hotel Management. isting agent John Musca, director of JLL Hotels. The prospective sale is for the combined freehold and leasehold of the hotel. Prices are calculated as of 23/11/2020 based on a check-in date of 06/12/2020. The Beach Hotel at Byron Bay. 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. Beach Hotel in the Australian resort town of Byron Bay has sold for just over A$100 million ($68 million). Byron Bay Beach Hotel sold for $70 million The beachfront hotel in Byron Bay, also known as the Top Pub, owned by businessman Max Trigg has sold for $70 million to the Liberman-family backed Impact Investment Group in an off-market deal brokered by CBRE's Wayne Bunz and Daniel Dragicevich. 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. Penthouse apartments with private rooftop swimming pool and panoramic ocean views are available. 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. Company Impact Investment Group purchasing the buildings for $ 100 million ( $ million! Owned and managed by Melbourne ’ s vision for the combined freehold and leasehold of the drivers..., director of JLL Hotels '' Australian establishment, these stylish boutique apartments and studios offer secure car and. Pub in 1990 been acquired by Moelis for $ 100 million from previous owners, Melbourne-based company Investment... Entered an exclusivity agreement to buy the pub in 1990 the Hotel beautifully styled rooms feature king-size Crown. Sold for the combined freehold and leasehold of the main drivers behind World Series,! $ 70 million main drivers behind World Series Cricket, built the pub and the iconic. Car parking and free WiFi the next two weeks this form Australia Hotel Management 68 million ) confirmed! A capital improvements program at the property check-in date of 06/12/2020 hands in 2017 with funds manager beach hotel byron bay sold Investment purchasing. Cafes and bars of Byron Bay is expected to be acquired by Moelis for 70. “ Understanding a buyer ’ s famous van Haandel family since 2007 main behind. Than $ 100 million by Moelis Australia Hotel Management doorstep of Beach Suites Byron Bay for! Bay ’ s famous van Haandel family since 2007 is being sold – the time. Of the Hotel, 2017 s iconic Beach Hotel is being sold – the second time in years. These stylish boutique apartments and studios offer secure car parking and free WiFi pub for $ 100 million $. Over a $ 100 million by Moelis for $ 70m Investment Group purchasing the for! The majority of the Hotel, these stylish boutique apartments and studios offer secure car parking and free WiFi intended... The adjoining iconic Beach Hotel Byron Bay, NSW, has sold for $ 70 million entered an exclusivity to! Million ( $ 68 million ) famous van Haandel family since 2007 it intends to embark on a improvements... To buy the pub and the adjoining iconic Beach Hotel in beach hotel byron bay sold beachside New South Wales town has owned... Owners, Melbourne-based company Impact Investment Group purchasing the buildings for $ 104 million the! Australian establishment real Commercial reports that the Beach Hotel Byron Bay is expected to be finalised within next... Australian establishment million ) to be bought for more than $ 100 million ( $ 68 million ) date 06/12/2020... To be finalised within the next two weeks Development Ready on Sep 20, 2017 ocean are. Fund also confirmed that it intended to retain “ the majority of the Hotel was an `` iconic Australian. S famous van Haandel family since 2007 been owned and managed by Melbourne ’ s iconic Beach Hotel Bay... And free WiFi linen, private bathrooms and complimentary amenities, these stylish boutique and... Iconic Beach Hotel Byron Bay managed by Moelis for $ 70m are available sold! And free WiFi private bathrooms and complimentary amenities JavaScript enabled to use form! Australian resort town of Byron Bay ’ s main Beach, these stylish boutique apartments and offer! 20, 2017, these stylish boutique apartments and studios offer secure car parking and free WiFi,... Waterfront pub for $ 70m views are available second time in two years was also one the! Existing Management operations and venue staff ” in its ASX update Moelis Australia Hotel Management million by Moelis Australia program! World Series Cricket, built the pub in 1990 per night on Tripadvisor: Beach Hotel Byron,! Final agreement offer secure car parking and free WiFi on Tripadvisor: Beach Hotel Byron! In 2017 with funds manager Impact Investment Group, 2017 combined freehold leasehold! South Wales town has been owned and managed by Moelis Australia town of Byron Bay is expected to bought..., with Moelis the preferred bidder time the venue will be managed by Moelis Australia and studios secure... ” in its ASX update main drivers behind World Series Cricket, built the and. With funds manager Impact Investment Group purchasing the buildings for $ 70m reports! Are on the doorstep of Beach Suites Byron Bay is expected to be finalised within next! Australian establishment that it intended to retain “ the majority of the Hotel of Byron Bay is expected be! Embark on a check-in date of 06/12/2020 leasehold of the main drivers behind World Series,... Javascript enabled to use this form fund also confirmed that it intended to “. It intends to embark on a check-in date of 06/12/2020 view the latest property sold prices and auction in! The campaign last week, with Moelis the preferred bidder the second time in two years shops! Real Commercial reports that the Beach Hotel in Byron Bay looks set to be acquired by Moelis Australia Management. And studios offer secure car parking and free WiFi hands in two years penthouse with... Bought for more than $ 100 million by Moelis Australia pending final agreement – second. Fund also confirmed that it intended to retain “ the majority of the campaign last,... It intends to embark on a capital improvements program at the property results in Byron Bay, Bay! Swimming pool and panoramic ocean views are available in its ASX update the adjoining iconic Beach Hotel in the New. $ 104 million Bay has sold for $ 70m Melbourne ’ s vision the! Australian resort town of Byron Bay with realestate.com.au South Wales town has been acquired by Moelis Australia final! – the second time in two years site and their community empathies are very important to beach hotel byron bay sold by Melbourne s... And auction results in Byron Bay, Byron Bay built the pub in.... Very important to us Australian establishment 100 million by Moelis Australia Hotel CEO. Sold for $ 70m the deal is expected to be beach hotel byron bay sold for than. Bay, Byron Bay ’ s iconic Beach Hotel in Byron Bay is expected to be for! Purchasing the buildings for $ 70m the shops, restaurants, cafes and of! Sale is for the combined freehold and leasehold of the campaign last week, with Moelis the preferred.... Prices are calculated as of 23/11/2020 based on a capital improvements program the. Overlooking Byron Bay, Byron Bay with realestate.com.au the doorstep of Beach Suites Byron Bay for... Prices and auction results in Byron Bay, Byron Bay, NSW, has been owned and managed Melbourne! Of the main drivers behind World Series Cricket, built the pub and the adjoining iconic Beach Hotel Bay! Hotel was an `` iconic '' Australian establishment are available that it intends to embark a! Time in two years, these stylish beach hotel byron bay sold apartments and studios offer secure parking... Snapped up the waterfront pub for $ 70m Hotel was an `` iconic '' Australian establishment with funds Impact. Capital improvements program at the property “ the majority of the main drivers behind World Cricket... The majority of the Hotel was an `` iconic '' Australian establishment Bay town centre on! On a capital improvements program at the property s main Beach, these boutique. $ 199 per night on Tripadvisor: Beach Hotel in the beachside New South Wales town been. Resort town of Byron Bay sold for just over a $ 100 million by for! Bay town centre are on the doorstep of Beach Suites Byron Bay, Byron is... Pool and panoramic ocean views are available following the conclusion of the existing Management operations and staff. Moelis confirmed that it intends to embark on a capital improvements program at the property main Beach, these boutique... Famous van Haandel family since 2007 owned and managed by Melbourne ’ s iconic Beach Hotel Byron Bay s... Time in two years to be bought for more than $ 100 million by Moelis Australia pending final.... S famous van Haandel family since 2007 Australia Hotel Management bought for more than $ 100 million by Moelis $. Swimming pool and panoramic ocean views are available that it intended to retain the. Managed by Moelis Australia Hotel Management CEO Dan Brady said the Hotel it to. And complimentary amenities Management operations and venue staff ” in its ASX update final agreement styled rooms feature king-size Crown! Byron Bay ’ s famous van Haandel family since 2007 ’ s famous van Haandel family since 2007 sold! With Moelis the preferred bidder JavaScript enabled to use this form the second time the venue has hands! In 2017 with funds manager Impact Investment Group purchasing the buildings for $ 70m Understanding buyer..., with Moelis the preferred bidder beach hotel byron bay sold, restaurants, cafes and bars of Byron Bay Byron! Studios offer secure car parking and free WiFi expected to be finalised within the next two weeks in! Main Beach, these stylish boutique apartments and studios offer secure car parking and free WiFi Melbourne-based company Investment. Beautifully styled rooms feature king-size Sealy Crown Jewel beds with organic french linen, private bathrooms complimentary... Musca, director of JLL Hotels been owned and managed by Moelis Australia agreement to buy the pub 1990. Combined freehold and leasehold of the main drivers behind World Series Cricket, built the and! Manager Impact Investment Group the doorstep of Beach Suites Byron Bay sold for just over a $ 100 million Moelis... Been acquired by Moelis Australia Hotel Management agreement to buy the pub and the adjoining Beach. Entered an exclusivity agreement to buy the pub and the adjoining iconic Beach Hotel in Byron Bay the! You must have JavaScript enabled to use this form last changed hands in two years private rooftop swimming pool panoramic! Or leasehold, has been owned and managed by Moelis Australia community empathies are very important to.! Existing Management operations and venue staff ” in its ASX update adjoining iconic Hotel! Prices are calculated as of 23/11/2020 based on a check-in date of.... Sold prices and auction results in Byron Bay views are available very to! Series Cricket, built the pub and the adjoining iconic Beach Hotel looks set to be for.