News Formal

The Union and Harold pubs for sale in busy market

  • 📰 smh
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Pubs are considered one of the most resilient operating real estate asset classes in the country.

John Azar’s Good Beer Company is taking advantage of the frothy pub market with the sale of two key hotels, the Union Hotel in North Sydney and the popular Harold in the inner city as it reweighs its portfolio.

JLL hotels executive vice president Ben McDonald and senior vice president Kate MacDonald have been appointed to steer the campaign on behalf of privately held Good Beer Co which is reweighting its hotel portfolio in line with its ongoing operating strategy. Located on a 784 square metre lot on the prominent corner of the Pacific Highway and West Street, the Union is an Art-Deco-style two-storey pub providing three bars, a restaurant, gaming with 21 machines, a function room and offices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Electrical union wants Australia’s net zero targets boosted by ‘substantial’ investment and state ownershipExclusive: Influential leftwing unions to tell Labor’s national conference party it must seize ‘most significant economic opportunity since the Industrial Revolution’
Source: GuardianAus - 🏆 1. / 98 Read more »