Following the successful sale of both Taphouse Group’s Port Macquarie hotels, expert agency HTL Property has now been engaged to sell the iconic Kingscliff Beach Hotel, in the Byron Bay region of NSW.

“In terms of iconic coastal properties and genuinely once in a lifetime opportunities, the Kingscliff Beach Hotel really does enjoy national prominence and comparable association with the likes of the Beach Hotel at Byron Bay, Brunswick Heads Hotel, Manly’s Hotel Steyne and both Coogee’s Pavilion and Coogee Bay Hotels respectively” advised HTL Property Managing Director, Andrew Jolliffe.

“As far as Australia’s whole East Coast is concerned, this is arguably the very last example of a truly large format AAA grade beachside hotel available to be purchased” Jolliffe added.

With both substantial and reliable trade generating around $20m in annual revenues, as well as the highly valuable underlying land holding and downstream development upside, the Kingscliff Beach Hotel is one of Australia’s most popular beachfront hotels.

The hotel is currently owned and operated under management by the Sydney-based Taphouse Group who, after fielding a number of unsolicited offers and having recently divested three of their other New South Wales hotels, have elected to exclusively retain leading pub brokerage agency HTL Property in order to market the hotel.

Prominently positioned overlooking the Kingscliff Beachfront, this landmark mixed-use hospitality asset comprises multiple bars across a large trading footprint with extensive outdoor areas, most notably the hotel's oversized beer garden which has it positioned as a firm favourite with both locals and tourists alike. The diversified business generates revenues across bar, food, gaming, wagering and retail liquor; with substantial tourism trade being equally derived from both North and South of the border.

The Kingscliff Beach Hotel adorns a prominent 3,824sqm land holding, promoting a visually impressive 60m beachside street frontage. The site is one of the largest single landholdings along Marine Parade and with B4 Mixed Use zoning and guidelines, it presents with obvious redevelopment potential. The Marine Parade precinct is the commercial and retail heart of Kingscliff; with the hotel positioned immediately adjacent the Kingscliff Shopping Village which counts Woolworths as an anchor tenant.

The Agents for the high profile sale cite the rarity of the combination of irreplaceable scale, prominence, profitability and history as key drivers for the magnetism astute investors have for AAA grade businesses and properties such as the Kingscliff Beach Hotel.

"We've been very fortunate to be engaged to sell a number of the nation's signature hospitality offerings, but The Kingscliff Beach Hotel is arguably the most prolific and certainly well-known beachside hotel’s available to be acquired anywhere in Australia, with generations of locals and tourists frequenting this noteworthy institution" advised HTL Property National Director, Dan Dragicevich.

'This is a truly magical asset like no other, offering irreplaceable and uniquely Australian licensing and trading approvals, sought-after operating scale and an aspirational lifestyle location that you can comfortably suggest will never ever be replicated' he added.

Kingscliff is a New South Wales coastal hotspot that has experienced astronomical population and price growth over the last five years. This growth has been buoyed by an influx of sea-changers, several master planned residential communities and the new ~$1bn public and private hospitals being constructed; the latter by Centuria Capital.

Underwriting strong and proximate population growth metrics, the Gales Kingscliff Master Planned community comprises over 200 hectares and will deliver over 2,100 dwellings. With the nearby Kings Forest Master Planned community set across 437 hectares, comprising 14 residential precincts and set to deliver an estimated 11,000 new residents.

The Tweed Valley Hospital Development is the largest regional capital health investment ever entirely funded by the NSW Government. Fund management group Centuria Capital will also develop the adjoining Cudgen Connection precinct which is a 5.7 hectare site comprising a new university campus, private hospital, aged care facilities and essential worker housing.

'The Tweed LGA presents some of the best macro investment fundamentals in the state. With a high population to pub ratio, excellent demographics, strong population forecast and several large scale federal infrastructure projects, the Kingscliff Beach Hotel makes for a compelling acquisition opportunity' concluded Jolliffe.

The Kingscliff Beach Hotel is being exclusively sold by HTL Property via a International Expression of Interest campaign concluding Wednesday 28 September 2022 at 12:00pm.

For more information contact the agents via the contact form below.