The Hayter family have put up their picturesque Shaws Bay Hotel in East Ballina, marking its first time to market in nearly 30 years.
Known as the ‘Shawsy’ the pub is a lifestyle venue, replete with lively public bar, restaurant, gaming room with 14 machines, and beer garden. It lays claim to being the only hotel in NSW with title that extends all the way to the beach and waterline.
Beside the pub is the majestic Fenwick House, built by Lord Fenwick in 1886. The fully restored structure is considered a fine example of opulent Victorian Italianate architecture, and could readily lend itself to further operating opportunities, such as a boutique hotel, commercial office or function space.
The two properties span a combined 6,500sqm, at the entrance to the East Ballina growth corridor, around 25 minutes south of Byron Bay. East Ballina is developing large new master-planned communities, and has already seen around five per cent population growth since the onset of COVID. Ballina Gateway Airport had a recent $10 million upgrade and has been increasing daily flight numbers.
Hotelier Brendan Byrne took on a lease on “the project” that was the Shaws Bay Hotel in 2009, and executed a massive front-to-back renovation that gave it a new lease on life.
Operations have since reverted to the freehold owners, and Neville Hayter and sisters Debbie and Vicky have now opted to divest.
Citing a hospitality offering that can “never be replicated” JLL Hotels’ John Musca and Kate McDonald, managing the campaign, have suggested price expectations of more than $30 million for the two properties.
“Whether you’ve made your fortune in mining, software, property or another asset class, there simply cannot be a better way to create a legacy, have a place for your family and friends and make a generational imprint, than by owning the Shaws Bay Hotel and Fenwick House.”
The freehold going concern of the Shaws Bay Hotel and Fenwick House are being sold via Expressions of Interest, closing Tuesday, 23 November.
