Administrators FTI Consulting have swung into action, listing five of Jon Adgemis’ Public Hospitality venues at once, individually or in one line. Formerly a high-flying dealmaker for tax advisor KPMG, Adgemis hopped on the hotel bandwagon in the late teens, looking to ride the perceived gravy train by purchasing undercooked pubs thought to have potential […]
The Exchange Hotel on one of Balmain’s landmark corners is up for sale, with room for mixed-use development and a place in local hearts. Built in 1885, the Exchange sits on a generous 640 m² block on the prominent thoroughfare of Beattie Street, and is known as the suburb’s largest pub and “favourite meeting place”.
BALMAIN’S EXCHANGE HOTEL & OPPORTUNITY GOES TO MARKET Read More »
Well-loved Goulburn pub the Exchange Hotel has sold to an established local publican, as regional assets continue to attract attention amid waning supply in Sydney. Built in 1872, the Exchange is one of the oldest pubs in the area and a popular stop for tourists, with 16 accommodation rooms and 15 EGMs, under two hours’
Peter Beaumont’s Fernwood Group has put its Balmain landmark up for grabs, offering “development potential” to the hungry investor market. The 1885 Exchange Hotel is located on a 640 square metre corner block in the heart of uber-trendy Balmain. The freehold going concern will go to auction 20 August. The Hotel has submitted plans to
One of the old-timers of Sydney’s Oxford Street party scene has sold, as patronage drop in the lockout zone drives property value into other options. The Exchange Hotel, at the lower end of Oxford St, near Hype Park, has been operating for over a century. For the past three decades it has thrived in a
OXFORD ST ICON CLOSES AS LATE-NIGHT ECONOMY DIES Read More »
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