News of the sale of two massive inner western pubs has emerged to herald a strong start to the year, with the Lidcombe Hotel and Royal Exchange Hotel Marrickville fetching a combined $80+ million. The off-market sale of the Lidcombe was by Monarch Hotels, which last year was tempted to market with its Banksia Hotel […]
The sale of a top-50 gaming pub has kick-started what is expected to be another big year in Australian pub real estate. The freehold of the Lidcombe Hotel was purchased by Marcus Levy’s Marvan Hotels eight years ago from Hedley Leisure & Gaming. A few years later, Marvan went on to buy the leasehold too,
BIG LIDCOMBE HOTEL SALE SETS TONE FOR ANOTHER BIG YEAR Read More »
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