Laundys join local force with most significant club package of the season

Laundys join local force with most significant club package of the season

Investment Overview deep Listers the Laundy families has ventured outside Sydney to hit the greatest club bargain of the season to date, buying the Lennox lodge near Byron Bay for over $40 million.

Amid a flurry of regional and outlying hospitality acquisitions by prominent hospitality operators including Lancemore and Iris funds, the Laundys combined with club agent Fraser light to get the most popular beachside venue in Lennox mind.

The two-storey resorts about area of Pacific procession and Byron road offers continuous sea panorama and contains a bistro, eatery and bottleshop. Hollywood stars and Byron Bay locals Chris and Liam Hemsworth is among the useful source typical customer base.

Lennox Head, a notable surf spot, is approximately a 25-minute drive from Byron Bay, in which home try booming as wealthy Sydneysiders break free the city for your coastline.

The Lennox resort overlooks the seashore at Lennox Head

The Laundys, brought by Investment Evaluation Rich Lister Arthur Laundy with his child Stuart Laundy (another boy is actually previous national Liberal MP Craig Laundy), very own several venues together with Fraser small, such as the Watsons Bay lodge in Sydney and The Farm in Byron Bay.

“The Lennox presented it self as an unmissable advantage therefore we joined togetherwith our very own lasting associates, the Laundy group,” Mr Short said.

Andrew Jolliffe, from HTL belongings, brokered the deal. Mr Jolliffe mentioned the Lennox Hotel was one of the few undoubtedly beachfront lodge land around australia.

The sellers from the Lennox resorts are the Campbell and Lister households, that has owned they for over a decade. Read More