It's held a spot in billionaire pub baron Justin Hemmes' heart since he was 10-years-old - that's why he's headed back there. 👇
The commercial property buyup has been accompanied by private residential acquisitions, with two houses on Childe St, Belongil Beach.
Hemmes initially spent $16m on a beach shack sold by Stephen Hains, the director of private funds manager Portland House Group.Hemmes also owns Cheeky Monkeys on Johnstone Street in Byron Bay.It is just a few doors away from another home on 2000sq m plus, which Hemmes bought but is yet to settle. It is expected to have fetched around $22m.
“I’ve been going to Byron since I was 10 years old, so it has always been a place close to my heart,” Hemmes told The Telegraph after his first purchase in 2021.“There’s simply no place like it.
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