Byron Bay’s legendary Beach Hotel has broken its own sales record, fetching $70 million from sophisticated new investors. One of Australia’s richest families is backer to the Impact Investment Group, which has expanded slightly beyond its normal investment type with the freehold purchase of the Beach Hotel in the idyllic NSW north coast town of […]
Byron Bay’s Beach Hotel is rumoured to be still on the market, with price expectations of $75 million. The massive beachside operation, known locally as the ‘Top Pub’, occupies 4,585 m² overlooking picturesque Main Beach. It was built in 1990 by John ‘Strop’ Cornell from his proceeds of the blockbuster Crocodile Dundee film. It incorporates
Byron Bay’s juggernaut ‘Top Pub’ has hit the market and tight investor yields could see it fetch over $70 million. The Beach Hotel is possibly Australia’s ultimate beach hotel, located on 4,585 m² offering ring-side views of Byron Bay’s picturesque Main Beach. It was built in 1990 by John Cornell at a cost of around
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