After launching The Newport in March last year, Justin Hemmes has bought another property on the Northern Beaches. He reportedly bought the Collaroy Hotel on Friday for $21 million.

Hemmes also owns Papi Chulo at Manly Wharf.

“The Collaroy is in a truly spectacular location, with sweeping views of the ocean and sand literally as its doorstep,” said Hemmes. “This is a really exciting addition to the group, and one that will beautifully complement what we’re creating at The Newport.”

The group is tight-lipped on its plans for the Pittwater Road pub, but we’re promised a family-friendly venue that will make the most of its seaside location.

The pub recently underwent a nautical-themed makeover with fish-print stools and vintage Hawaiian posters of the beach.

The Newport’s second chapter is about to unfold with an indoor restaurant and bar opening this summer, heralded by executive chef Jordan Toft.

More information to come.