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Byron Bay's Great Northern Hotel sells for $80m afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Share The Byron Bay property market has recently become a hot spot for deep-pocketed investors hoping to buy up a slice of coastal paradise. However, there have been several recent instances where investors have been knocked back by local landowners refusing to sell. Mega venue : The site, located on Byron s Johnson St spans 4,128sqm and supports a flexible B2 Local Centre zoning, which allows for a wide range of mixed-use development this includes retail, residential and hotels Byron battle: It comes months after a handful of rejected offers to buy some of Byron Bay s landmark pubs. Stu Laundy (pictured) and Justin were said to be in a fierce battle to buy the iconic Pacific Hotel in Yamba, close to Byron Bay ....
Culture of entitlement and bonuses part of the problem We’re sorry, this service is currently unavailable. Please try again later. Dismiss April 15, 2021 12.05am Normal text size Credit: Christine Holgate shows the courage, integrity, honesty and demonstrated success of a great leader (“Morrison forced me out of a job I loved, Holgate claims”, April 14). Being a fearless female with guts is why she was bullied. Why shoot the person who has steered the Australia Post ship into a new world? Is it because she rejected its privatisation, saving jobs? Julia Lipski, Gordon The Holgate story is being recast as our PM bullying a woman. In this iteration, the watches were a proportionate reward for outstanding effort. To me, it was about the extravagant rewards always going to the most senior executives and a culture among them that sees that as right and proper. Maybe it was a good deal, but I am sure that there were many people working on it, ....
News by Amy Harris Premium Content Subscriber only They say everyone has their price but even in the real estate obsessed hot spot of northern NSW - which in the past year has attracted everyone from Hollywood movie stars to international finance moguls - it seems not everything can be bought. The notoriously tight-knit area was buzzing last week as rumours ran wild that two of Sydney s biggest billionaire playboys - Justin Hemmes and Stu Laundy - had descended on the town of Bangalow in search of their next big pub purchase. Both hoteliers are, it seems, in a spending mood with Laundy recently dropping $41 million on the The Lennox in nearby Lennox Head and Hemmes - whose last big buy was Randwick s Duke Of Gloucester for $32 million - said to be keen to buy into the coveted Byron precinct. ....
125 shares Despite the dizzying dollars on the table, it’s understood negotiations went cold when the Mooneys made it clear by Thursday that despite some too-ing and fro-ing it was decided the pub would remain in the family for the foreseeable future, the publication reported. The Mooney family boast an impressive property portfolio, which includes The Rails Hotel in Byron Bay and The Pacific Hotel in Yamba. At war: The rival pub barons were reportedly locked in a bidding war for the 60-year-old pub (pictured) which is currently owned by NRL star Tom Mooney and wife Cathryn, with bids reaching up to $50 million ....