Liquidators are intensifying their investigation into the property dealings of Sydney pub entrepreneur Jon Adgemis, focusing specifically on his involvement in the Byron Bay real estate market. This scrutiny follows revelations that have raised questions about Adgemis’s disclosure of assets amid his broader financial difficulties.

On Friday, legal representatives for BRI Ferrier, the appointed liquidators, received multiple sets of documents related to Byron Dream Holdings, a company that once counted Adgemis among its part-owners. The documents, totaling five bundles, pertain to significant property interests held by the company in and around Byron Bay, a popular regional area known for its affluent real estate market.

Records indicate that Adgemis held a 25% stake in Byron Dream Holdings but transferred this interest in October 2022 for the nominal sum of $1. At the time, his co-owners included Monaco-based entrepreneur Thomas Misner, a figure prominent in the music industry who has been assembling a portfolio of properties in Byron Bay.

Adgemis’s stake was sold to David Drummond, a longtime associate who was previously involved in Adgemis’s well-publicized dispute over shares in ASX-listed Bellamy’s, a milk producer. Drummond acquired the stake under similar terms, with the transaction valued at $1. Following this transfer, Misner reportedly consolidated ownership of Byron Dream Holdings by purchasing the remaining shares. The company is now jointly owned by Misner and his daughter Nakita Misner, who manages Studio 301, their family’s music production enterprise.

Property records show that Byron Dream Holdings owns “Cedar Hill,” a sizeable estate located in Newrybar within the Byron Bay hinterland. The property was reportedly acquired by Misner in 2025 for $12.9 million. Prior to that sale, it was owned by wellness coach James Duigan.

The renewed focus on Adgemis’s property dealings comes amid broader concerns about the accuracy of his asset disclosures. Investigations into his financial affairs have uncovered previously undisclosed assets, including vehicles, furniture, and shares in various companies, further complicating the efforts of liquidators to unravel his business affairs.

As the examination progresses, liquidators are expected to continue probing the nature of these transactions and the extent of Adgemis’s involvement in the Byron Bay property market, which could have implications for creditors and other stakeholders connected to his failed enterprises.