The Beach Hotel in Byron Bay has sold for $70 million.
The Beach Hotel in Byron Bay has sold for $70 million.

Rich-listers snap up iconic Byron Bay pub

THE famous Beach Hotel in Byron Bay has sold to a fund linked to one of Australia's richest families.

The hotel has sold for $70 million to Impact Investment Group - linked to the wealthy Melbourne-based Liberian family.

Keen race car driver Max Twigg, who bought the pub for $44 million 10 years ago, was the seller.

The property was developed by Paul Hogan sidekick John Cornell and overlooks Byron Bay's Main Beach.

Read more at Goldcoastbulletin.com.au

News Corp Australia

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