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Byron Bay's Beach Hotel sells for $70 million

Property Markets / Transactions

Australia

Sep 19 2017

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Carolyn Cummins, The Sydney Morning Herald

The Byron Bay Beach Hotel, developed by John Cornell, known as "Strop" in his television days on the Paul Hogan show, has sold for $70 million to Melbourne-based investors.

Mr Cornell sold the site for $44 million in 2007 to businessman Max Trigg who has spent the past decade renovating the site.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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