Australian Venue Co has confirmed it has signed a sale agreement for the acquisition of Melbourne Pub Group’s The Prince of St Kilda. The Prince of Wales was built in 1862, as a two-storey residential hotel. In 1937 it was rebuilt in the Art Deco style and expanded to offer two bars at street level, one of which went […]
Just two months after the leasehold business was sold to the booming Dixon Hospitality, Gerry Ryan’s Melbourne pub group is offloading the Newmarket Hotel freehold. Situated on a generous 1,000 m² block in bustling St Kilda, the hotel underwent an extensive refurbishment just three years ago, and is leased to Dixon for the next 25
Pub Li City P/L has reportedly purchased one of Melbourne’s finest hotels for $45 million. 27-year-old Chinese developer Jiyuan “Louis” Li is the sold director and principle shareholder in Pub Li City Pty Ltd, which placed a caveat over St Kilda landmark Prince of Wales Hotel last week. Known as a live music venue, the
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