Merivale has expanded its NSW portfolio with the acquisition of 115 Johnson St, Byron Bay.

This is Merivale’s first venue on the far North Coast.

The property, which was previously owned by Red Rock Leisure and home to Cheeky Monkey’s Bar and adjoining massage spa, will reopen as a restaurant and bar later this year.

Justin Hemmes, CEO of Merivale, said: “I’ve been going to Byron since I was ten years old, so it has always been a place close to my heart. I can’t wait to open our first venue on the North Coast and spend more time in the area. There’s simply no place like it”.

The deal was negotiated by John Musca, Managing Director, Hotels and Hospitality Group JLL. 

John Musca, Managing Director, Hotels and Hospitality Group JLL told WILLIAMS MEDIA, “We’re delighted to have transacted circa $90m of hospitality assets to the Merivale Group over the past 10 weeks in bringing their market-leading and inventive approach to communities and hospitality offers around the country”

“There is a measured, exciting development evolution in Byron Bay at present and it’s fitting that community-sensitive operators of Merivales calibre are choosing to add their world-class brand to the townships hospitality landscape”. Said Mr Musca.

Merivale will receive the keys to the venue on 28 May. Further details will be announced in due course.

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More Justin Hemmes Merivale sales:

Merivale acquires The Quarterdeck at Narooma

The Lorne Hotel sold to Justin Hemmes Merivale group $38 m by JLL

Merivale Byron Bay, rumours incorrect

Justin Hemmes’ Merivale expands Inner West portfolio with Norton’s Irish Pub

Merivale Melbourne