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Former Noah’s Backpackers property once owned by Jon Adgemis hits the market
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Former Noah’s Backpackers property once owned by Jon Adgemis hits the market
The former Noah’s Backpackers site in Bondi Beach, once the flagship property of bankrupt pub baron Jon Adgemis, has officially been listed for sale. Adgemis, a former KPMG dealmaker who reportedly owes $1.8 billion, purchased the high-profile Campbell Parade site for $68 million in 2022. He rebranded it as the South Bondi Hotel and secured council approval for a major redevelopment featuring a rooftop bar overlooking Bondi Beach. Now under rece…
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