Beachfront units on offer in NSW hub known for its rich and powerful
Paul Hogan sidekick John Cornell and his wife Delvene Delaney will sell their beachfront apartments opposite Byron Bay’s Main Beach in one of the most high-profile offerings in the northern NSW township in years.
The pair developed the Beach Suites, designed by renowned architect Ian McKay, 10 years ago and are offering the 14 apartments, a few doors down from Byron Bay’s The Beach Hotel, via an expression of interest campaign clos- ing on December 11 and managed by LJ Hooker Byron Bay director Glen Irwin.
Byron Bay has become a hub for the rich and powerful with Melbourne’s Liberman family recently buying in, while nearby residents include Thor star Chris Hemsworth and his Spanish actress wife Elsa Pataky who bought a Balinese-inspired retreat.
Opposite Byron Bay’s Main Beach the Beach Suites complex consists of four penthouse apartments, with swimming pools, six beachfront studios with most featuring personal plunge pools on large timber decks and four large garden suites with rear courtyards.
“Over the past 10 years we have had much pleasure in owning and operating our luxurious Byron Bay beachfront apartments, Beach Suites, but the golden years beckon, and now it’s time to sell.
“To all of our past guests and staff, thank you for contributing to a wonderful experience,” said Delvene Delaney and John Cornell in a statement to The Weekend Australian.
Mr Irwin declined to put a price on the apartments near the Beach Hotel, which was developed by Mr Cornell and Ms Delaney in 1990 and was recently sold by Melbourne businessman Max Twigg for a record Australian pub price of $70 million to a Melbourne-based private equity firm. A decade ago Mr Twigg paid about $44m for the hotel, which cost Mr Cornell about $9m to build.
Meanwhile, Byron Bay real estate agent Graham Dunn said he has been inundated with interest in the 11 adjoining beachfront lots he is selling at Byron Bay. Mr Dunn said he had fielded inquiry from New York, London, Israel, Dubai and California in the sites fronting Border and Kendall streets and expected to announce the winning bidders later this week. He was expecting at least $2m for a 632sq m site, which is the smallest in the land release.
The Beach Suites complex opposite Byron Bay’s Main Beach