Occupying the largest single pub site in Byron Bay, North Byron Hotel for sale (formerly known as the Sun Bistro) is being exclusively listed for sale by JLL Hotels and Hospitality Group, via an Expressions of Interest campaign commencing today.

Byron Bay continues to be a highly sought after location for long-term investment due to the high barriers to entry, incredible lifestyle benefits, and of course the domestic and local tourism popularity.

Situated across the road from the award-winning ‘Elements of Byron’ resort and adjacent to the increasingly popular Belongil Beach, the North Byron Hotel occupies an enormous 7,653sqm landholding with attractive mixed-use zoning. The hotel generates over $175,000 per week in ex GST revenue derived from bar, bistro and drive-thru bottle-shop. With the largest sun-drenched beer garden in Byron Bay & award-winning food, this is a place that the locals love. Generous on-site parking allows the pub to host large events to help drive patron visitation including several ‘festival’ and ‘market-stye’ offerings.'

Steering the marketing campaign is JLL’s Senior Vice President’s, Kate MacDonald and Tom Gleeson.

Kate MacDonald was buoyed about the rare mix of lifestyle and commerce “It is easy to be distracted by the natural beauty that surrounds the North Byron Hotel, however, behind its picturesque scenery is a scalable and balanced business that provides an incoming purchaser the rare opportunity to own a Hotel within the universally desired Byron Bay.”

Tom Gleeson added the hotel was well located for continued growth “The State Governments recent announcement to cap short-term letting, combined with developments such as the nearby Harvest Estate, will result in an increase in permanent local residents within the immediate catchment of the hotel and create further year-round demand that will perfectly complement the influx of transient travellers in peak seasons.”

“Being located within such an iconic Australian tourism town we are expecting significant interest from within the hospitality community but also alternative investors who are looking to acquire a slice of Australian coastal lifestyle without comprising on the economic benefits with this high cash flow business.” Kate MacDonald concluded.

The Expressions of Interest campaign launches today and is set to close at 12pm on Thursday 4 April 2024 (unless sold prior).

Occupying the largest single pub site in Byron Bay, North Byron Hotel for sale exclusively by JLL Hotels and Hospitality Group, Senior Vice President’s, Kate MacDonald and Tom Gleeson.