Connect with us

Business

Paddington’s Four in Hand Hotel sold for more than $8 million – Commercial Real Estate News

The pub has sold to a Sydney-based hotelier who is set to take ownership early next year.

Published

on

post featured image
ADVERTISEMENT

The Four in Hand Hotel in Sydney’s Paddington has changed hands for $8.25 million just two years after a high-profile campaign to save the pub from development.
An undisclosed Sydney-based hotelier bought the pub from John Azar’s Good Beer Company, in a deal negotiated by JLL Hotels senior vice-president Ben McDonald and national director John Musca.
Mr Azar purchased the property for more than $7 million in 2018 after it was the subject of a local community campaign to save it from being purchased…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Haggis launched to the edge of space – PerthNow
post featured image
Bill Gates gets COVID vaccine: Here’s how he feels – Yahoo Finance Australia