The former motel at 28 Bangalow Road, which opened last year following an extensive New York-inspired makeover, was put up for sale in January by local hotelier Sein Lowry and Byron Bay emergency physician Blake Eddington with price expectations of around $20 million. Australia has recorded its first genuine hotel transaction during the pandemic with the Gold Coast-based Guok family buying Byron Bay's The Bower hotel. Created with Sketch. “This is the first Australian hotel sale to have been negotiated and exchanged during the pandemic period, highlighting continued confidence in leisure and boutique hotel investment opportunities.”, CBRE Hotels’ Hayley Manvell added; “Investor demand in this sector of the hotel market has been buoyed by the potential transfer of the 10 million Australian outbound visitors last year to the domestic visitor market. The Bower … CBRE Hotels’ National Director Wayne Bunz said The Bower campaign had attracted global interest, specifically from investors in the United States, the Arab Emirates and the Asia Pacific region. The offering of The Bower follows a number of big hotel sales in Byron Bay in 2019 including The Beach Hotel, which was bought by investment house Moelis Australia for $104 million … The Bower is the latest in a series of Byron Bay hotel transactions, with more than $170 million in properties changing hands in the past 12 months, including the $42 million sale of the Byron … This is the first genuine hotel transaction during … The Bower Byron Bay, New York-inspired Byron hotel to be listed for sale, The Vic Hotel in Subiaco is for sale by CBRE Hotels, Mandurah's Brighton Hotel sold by CBRE during lockdown, Keep the conversation going with The Hotel Conversation via our free newsletter, Keep the conversation going with PubCon via our free newsletter. Featured in Conde Nast’s “Traveller Hot List 2018, the near-new hotel offers 28 guest rooms on a large 4,495sqm Bangalow Road landholding. The Bower Byron Bay will be marketed for sale next month through CBRE Hotels’ Wayne Bunz and Hayley Manvell. This increased focus in Byron Bay means that demand has … The hotel has made a name for its relaxed ‘New York meets barefoot Byron’ décor and ambience, including an award-winning circular swimming pool. One of the country’s best-known pubs, The Beach Hotel, recently sold for $104 million to investment bankers Moelis, and Gerry Harvey’s resort The Byron at Byron … The Bower Byron is the first hotel sale negotiated during Australia’s COVID-19 period, sold by Wayne Bunz and Hayley Manvell of CBRE Hotels. Sold. The Bower … View more about this property and browse similar listings in undefined on Allhomes.com.au More than $170 million in hotel properties has changed hands in the past 12 months in Byron Bay including the $42 million sale of the Byron at Byron. “It has become one of Australia’s hottest hotels, … Earlier this month, the Gold Coast-based Guok family purchased Byron Bay’s 28-room The Bower hotel at 28 Bangalow … Local industry sources said the Guoks paid around $18 million for the 28-room boutique hotel. The Bower hotel was inspired by the boutique hotels of New York's Bowery district. “The Bower Byron Bay is a destination that has fast made a name for its relaxed ‘New York meets barefoot Byron’ décor and ambience,” Mr Bunz said. Sophisticated guest rooms, palm-filled gardens, a gorgeous circular pool and ample nooks to relax with a good book; The Bower Byron Bay is like a slice of New York luxury meets barefoot Byron … The Bower is a relaxed, palm-filled compound which features accommodation offerings for all experiences: The Bower Suites, The Bower Cottage, The Bower Barn and The Bower House. Details. Discover 6 hotel & leisure properties for sale in Suffolk Park, NSW 2481. The Bower Byron Bay reimagines the ‘beach motel’ concept by combining the laidback barefoot ambience of Byron Bay with the discreet and effortless elegance of New York's luxury, boutique accommodation. Source: CBRE Hotels. This newly renovated Byron Bay boutique property was reported as sold for $18 mil. ▲The Bower sale is the latest in a series of Byron Bay hotel transactions, with more than $170 million in properties changing hands in the past 12 months. The former motel at 28 Bangalow Road, which opened last year following an extensive New York-inspired makeover, was put up for sale in January by local hotelier Sein Lowry and Byron Bay … A BOUTIQUE hotel in Byron Bay is set to hit the property market, attracting investors with a cool $20 million to spend. FOR SALE VIA EOI. CBRE Hotels’ Wayne Bunz and Hayley Manvell negotiated the sale … The Bower Byron Bay For Sale. The humble Byron beach motel has had an Insta-worthy upgrade. Find more about the sold price, property information, and photos on realcommercial.com.au. The family behind the Oroton fashion empire could pocket over $20 million for the sale of Byron Bay landmark The Farm, a sprawling 31 hectare collective of fresh food producers and eateries. Maldives welcomes 1.5 millionth tourist of 2019, The Bells Hotel Sydney Woolloomooloo sold to Arthur Laundy prior to Auction this week, Pub Investors and Operators Focus on Their Strengths, Hotels were co-working spaces before co-working was a thing, Thoughts on how hotels will be shaped by Covid-19, How the hospitality industry is adapting to its new challenges, Sold for an undisclosed sum, a record price for the region, Sold by CBRE Hotels’ Wayne Bunz and Hayley Manvell, 28 guest rooms on approximately 4,495sqm Bangalow Road landholding, "This is the first Australian hotel sale to have been negotiated and exchanged during the pandemic period...". “Investor demand in this sector of the hotel market has been buoyed by the potential transfer of the 10 million Australian outbound visitors last year to the domestic visitor market," Ms Manvell said. The hotel is one of a variety of Byron Bay hotel transactions, which have seen over $170 million worth of properties changing hands. The Bower Hotel, Bangalow Road, Byron. … Jan 20, 2018 - People come to Byron Bay for the lifestyle and luxury; they book into the Bower Barn to experience what that really means. THE BOWER BYRON BAY/28-30 Bangalow Road, Byron Bay, NSW, 2481 is a hotel property for sale in Byron Bay. The new owners have other investments in hospitality and real estate as well as a manufacturing business on the Gold Coast. SENIOR NEGOTIATOR +61 400 622 452. He declined to comment on the sale price but said it established a record price per key for the region. The ultimate couples retreat, The Bower Barn is a private oasis, … Address available on request, Byron Bay… the bower byron bay for sale. CBRE Hotels’ Wayne Bunz and Hayley Manvell negotiated the sale for an undisclosed sum, which establishes a new record price per key for the region. Positioned on one of Byron Bay’s original properties, The Bower … the bower byron bay reviews. Australia’s regional and leisure hotels are leading the recovery, particularly those hotels in popular ‘drive markets’ such as the Gold Coast and Byron Bay.”. ... FOR SALE VIA AN EXPRESSION OF INTEREST CAMPAIGN. The Bower Byr... Bangalow Road, Byron Bay, NSW, 2481 is a hotel property for sale in undefined. See 90 traveller reviews, 101 candid photos, and great deals for The Bower, ranked #11 of 39 B&Bs / inns in Byron Bay and rated 5 of 5 at Tripadvisor. Owners of The Bower Byron Bay will put the luxury hotel on the market in February. The actual sale price was $15 mil. Byron Bay's newest luxury boutique hotel, The Bower, has been snapped up by a Gold Coast-based investor with interests in real estate and hospitality. The ultimate couples retreat, The Bower Barn is a private oasis, … You must have JavaScript enabled to use this form. A recent addition to Byron Bay's boutique hotel landscape is set to hit the … the bower byron bay/28-30 bangalow road, byron bay, NSW 2481. The largest is the Byron at Byron, which sold for $42 million. Byron Bay's newest luxury boutique hotel, The Bower, has been snapped up by a Gold Coast-based investor with interests in real estate and hospitality. In 2016, they sold the Greenmount Resort at Coolangatta to ASX-listed Sunland Group for $26 million. Browse the latest properties for sale in Mullumbimby Creek and find your dream home with realestate.com.au. Review the The Bower Byron Bay photo collection- you may also be interested in the The Bower Byron Bay For Sale and also The Bower Byron Bay Reviews. Byron Bay is currently going through a major boom with commercial real estate being snapped up for record prices. Moreover, since the recent sale of iconic local businesses such as The Farm, The Bower and the Beach Hotel, media attention has skyrocketed. CBRE Hotels national director Wayne Bunz negotiated the sale of The Bower with colleague Hayley Manvell. View Save Email. BYRON BAY MARKET. Approximately $150 million in hotels have transacted over the past 12 months in Byron Bay with the recent announcement of the sale of the Byron Beach Hotel for $104 million following the $42 million … Mr Bunz said the sales campaign had kicked off pre-COVID-19, but had been put on hold when the national lockdown took effect. The Bower Byron Bay. Hotel deals have ground to a virtual halt during the pandemic with many properties closing amid occupancy rates falling to below 20 per cent. The Bower Byron Bay Reviews. 151 properties for sale in Mullumbimby Creek, NSW 2482. The Australian Financial Review revealed last month that the new Vibe Hotel Melbourne sold to Thai-based investors for $108 million, but this deal was largely negotiated prior to the pandemic. From AU$211 per night on Tripadvisor: The Bower, Byron Bay. The Bower is the latest in a slew of Byron Bay hotel transactions, with more than $170 million in properties changing hands in the past 12 months, including the $42 million sale of the Byron at Byron. Each one is unique, re-envisioned and redesigned to offer the understated luxury and simplicity of Byron … Mar 27, 2019 - The Bower Cottage in Byron Bay, Australia – THE STYLE FILES Mr Bunz said The Bower campaign had attracted global interest, specifically from investors in the United States, the United Arab Emirates and the Asia-Pacific region. View more about this property and browse similar listings in Byron Bay on … "Australia’s regional and leisure hotels are leading the recovery, particularly those hotels in popular ‘drive markets’ such as the Gold Coast and Byron Bay.”, Sign up to our new weekly Inside Property newsletter, Help using this website - Accessibility statement, sold to Thai-based investors for $108 million, Hedge funds eye distressed malls and hotels, Western Sydney University cashes out in $80m deal, Yield-hungry buyers snap up retail, childcare assets worth $60m, Chicken dinner the site winner after burger chain flip, The cheapest suburbs within 10km of capital cities, Border closures tipped to drive city rents down, Brisbane, Gold Coast lead apartment sales rebound, A look back at Australia’s most fabulous parties, Five of the best Tasmanian sparkling wines, 'Not sitting on our hands': Coles boss up for next challenge, The five worst corporate stuff-ups in 2020, Design and colour collide at two Australian fashion fests, The irresistible appeal of childlike jewellery, Even after a $3000 bike mishap, this manager didn’t stop pedalling, MacCap dangles IPO carrot to engineering group Fredon, Ex-Rich Lister climbs aboard for telehealth shift, Cash-strapped ex-Rich Lister selling $180m hotel, Matthew Drummond, Lauren Sams, Philippa Coates and Julie-anne Sprague, Sarah Thompson, Anthony Macdonald and Tim Boyd. The Gold Coast-based Guok family just finalised their purchase of boutique Byron hotel ‘ The Bower ‘, officially Australia’s first pandemic-era hotel sale, Australian Financial Review reports. HAYLEY.MANVELL@CBREHOTEL.COM. Ms Manvell said this trend was expected to continue in the short to medium term, which was underpinning interest in available opportunities. The Bower Byron Bay - Book online The Bower Byron Bay in Byron Shire, Byron Shire, State of New South Wales best price guarantee, no booking fee on Traveloka For the first time EVER, we're celebrating Black Friday at The Bower with a 12-hour flash sale! 0.45 ha (1.11 acres) Hotel & Leisure • Development Sites & Land. Jan 8, 2020 - People come to Byron Bay for the lifestyle and luxury; they book into the Bower Barn to experience what that really means. “This is the first Australian hotel sale to have been negotiated and exchanged during the pandemic period, highlighting continued confidence in leisure and boutique hotel investment opportunities," he said. WORLD CLASS BRANDING OPPORTUNITY. The Bower is the latest in a series of Byron Bay hotel transactions, with more than $170 million in properties changing hands in the past 12 months, including the $42 million sale of the Byron at Byron. The Bower Byron Bay sold to new investors News Story / 07 August 2020 AUS: The Bower Byron Bay has been sold to a set of investors based in the Australian gold coast. “While Australia has long been viewed as a politically and economically safe investment destination, there has been an added focus in recent months on the country’s response to COVID-19,” Mr Bunz said. Featured in Conde Nast’s Traveller Hot List 2018, the hotel offers 28 guest rooms on a large 4495sq m Bangalow Road landholding. THE BOWER BYRON BAY, 28-30 Bangalow Road, Byron Bay, NSW 2481. Created with Sketch. More Hotel, Motel, Pub & Leisure for Sale in Byron Bay NSW. By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from The Hotel Conversation and Williams Media. “While Australia has long been viewed as a politically and economically safe investment destination, there has been an added focus in recent months on the country’s response to COVID-19,” Mr Bunz said. Sold hotel & leisure at THE BOWER BYRON BAY, 28-30 Bangalow Road, Byron Bay, NSW 2481. It was then relaunched once restrictions eased. With the Gold Coast-based Guok family buying Byron Bay, 28-30 Bangalow Road, Byron Bay put! $ 18 mil the Gold Coast-based Guok family buying Byron Bay, NSW 2481 property market attracting... 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