Short, Laundy jump on Byron beachfront pub
The Lennox Hotel in Lennox Head, Byron Bay, has sold to a consortium led by Fraser Short and Stu Laundy.
The beachfront pub has been sold by the Campbell and Lister families, who had owned the pub for more than a decade. The hotel was sold off-market for an undisclosed sum, with the sale negotiated by HTL Property’s Andrew Jolliffe.
“We feel very privileged to have owned such an iconic hotel. The decision to sell was not one that our families made lightly but we are excited about the opportunities this presents for our team and the community,” stated brothers Clyde and Greg Campbell.
“We welcome the Short and Laundy families to Lennox and look forward to remaining involved in the community through our other businesses.”
The Lennox Hotel is a favourite of the local Lennox Head and Ballina communities, and also draws tourists from Byron Bay. With ties already in place with the greater Byron Bay community, Short is pleased to take on such a well favoured pub.
“We have a house on Belongil in Byron Bay and The Northern Rivers is my little family’s second home; so with both The Balcony Bar and Oyster Room and The Farm Byron Bay all in our group, Ally and I are excited to expand into such an amazing community. Lennox Head is both a world class destination and a sought after lifestyle for those that are lucky enough to enjoy it.”
Short continued: “The Lennox presented itself as an unmissable asset so we joined together with our long term partners the Laundy family to ensure we can deliver back to the community a gathering place that represents their lifestyle and one they can be proud of being associated with.”
Jolliffe would not be drawn on the sale price, but said that the incoming owners seized on the opportunity to own one Australia’s truly beachfront pub properties.
“Stu and Fraser understand the infrequency of rare opportunity; and when presented by the chance to own a generational asset such as this one, mobilised with blinding efficiency.”