Beach Hotel in Byron Bay listed with $100 million expectations

Beach Hotel in Byron Bay listed with $100 million expectations
Staff reporterDecember 7, 2020

The Melbourne-based Impact Investment Group has decided to offload the Beach Hotel in Byron Bay.

JLL Hotels & Hospitality Group has been exclusively appointed with expectations of a $100 million plus sale.

The ‘Beachie’, as it is often referred to, was built in the 1990s by long-time local John Cornell.

Located with over 100 metres frontage overlooking Byron’s Main Beach, the hotel spans a 4,585 sqm area and includes 25 newly-appointed luxury boutique hotel rooms and swimming pool.

It also features a large pub with extensive beer gardens, restaurant, function spaces and bottle shop.

The business has been owned and run since 2007 by Melbourne restauranteurs and hospitality figures John and Lisa van Haandel.

The opportunity to operate the icon is now available for only the second time since it was built.

The campaign will be managed by JLL’s National Director John Musca, supported by JLL boutique accommodation specialist Tom Gibson and Queensland Vice-President Tom Gleeson.

National and international expressions of interest will be sought with the process likely to start in October and conclude in November.

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