How much did the Great Northern Hotel in Byron Bay sell for?
$80 million
While the exact price remains confidential, Byron Bay locals said the Great Northern and Lateen Lane Hotel had sold for close to $80 million. It takes the value of major commercial real estate transactions in Byron Bay to almost $250 million since February, including three major hospitality venues.
Who owns the Great Northern Byron Bay?
The pub’s new owners are Scott Didier, founder and chief executive of ASX-listed Johns Lyng Group, and Scott Emery, founder of online lender MoneyMe. Mr Didier’s family has acquired the 51-room Lateen Lane Hotel, with his daughter Casey, who lives in Byron with her family, set to run the day-to-day operations.
Who bought the Northern?
Scott Didier
The Great Northern Hotel was sold by the Mooney family. Credit: Scott Didier, the founder and CEO of ASX-listed Johns Lyng Group and Scott Emery, founder of online lender MoneyMe, bought the well-known pub from the Mooney family who have owned and operated ‘The Northern’ for close to three decades.
Who owns the Byron pub?
MA Hotel Management (MAHM) has announced the acquisition of its second Byron Bay pub – Hotel Brunswick. MAHM, the hospitality division of MA Financial Group, is buying Hotel Brunswick and an adjacent property for $68 million.
Who owns the Beach hotel Byron Bay?
Moelis Australia
Byron Bay’s iconic Beach Hotel is set to go back to the future under the new owner Moelis Australia. The financial services company has completed its acquisition of property, uniting the the common ownership of the real estate and operating business for the first time in thirteen years.
Who owns the Railway hotel Byron Bay?
Tom and Cath Mooney
The Rails Hotel in Byron Bay, aka The Railway Friendly Bar, has just celebrated 35 years under the ownership of licensees Tom and Cath Mooney.
Who bought the Great Northern hotel?
The Great Northern Hotel has been sold to Melbourne-based duo Scott Didier, founder and CEO of ASX listed Johns Lyng Group (ASX:JLG); and Scott Emery, founder of online lender MoneyMe (ASX:MME).
What pub did Cornell own?
the Hotel Brunswick
David Gyngell and his mate John Cornell have expanded their property holdings in the northern NSW town of Brunswick Heads, buying the site across the lane from their pub, the Hotel Brunswick, for $3 million.
How much did the Byron Bay pub sell for?
$68 million
It has been acquired for $68 million by MAHF, the hotel subsidiary of ASX-listed fund manager MA Financial, run by Redcape Hotel Group’s Dan Brady.
Who owns Bangalow pub?
Publican Tom Mooney
Publican Tom Mooney. A NEW chef is to take over Fresca, the restaurant in the Bangalow Hotel. He is Adam Thornton, who has done a ‘marvellous job of producing great food’ for the past few years at the Railway Bar in Byron Bay, according to the Bangalow pub’s owner, Tom Mooney.
What pub does strop own?
Byron Bay hinterland based David Gyngell and his mate John “Strop” Cornell have continued to expand their Brunswick Heads property portfolio. It is focused around the classic 1940s Hotel Brunswick, which the pair have co-owned since 2013. The pair have owned the Hotel Brunswick since 2013.
Who built the Beach hotel Byron Bay?
Byron Bay’s legendary Beach Hotel, originally built by Crocodile Dundee producer and writer John Cornell in the 1990s, has been sold for a record $70 million to Melbourne-based private equity firm Impact Investments Group.
How much did Byron Bay’s Great Northern Hotel sell for?
The Great Northern Hotel in the heart of Byron Bay has been snapped up by two Melbourne businessmen for what is reported to be about $80 million, one of the biggest hotel sales so far in 2021.
What to do at the Northern Hotel?
Escape to the new Northern Hotel and relax in our luxuriously renovated guest rooms featuring warm, contemporary interiors. The Northern Hotel has two restaurants each with their own unique menu and atmosphere. For breakfast and lunch, we recommend Bernie’s Diner-a traditional diner with a modern twist.
Who owns the lateen Lane Hotel in Byron Bay?
Mr Didier’s family has acquired the 51-room Lateen Lane Hotel, with his daughter Casey, who lives in Byron with her family, set to run the day-to-day operations. He also owns the luxury Beach Suites in Byron Bay, as well as the East Brunswick Hotel, in Melbourne.
How big is the Northern Hotel’s meeting space?
With more than 12,000 square feet of flexible meeting space, the Northern Hotel provides everything guests need for exceptional individual and group events with up to 700 people.