John Azar’s Good Beer Group has divested another north shore asset, selling the prominent Union Hotel to Ashton Waugh’s Watering Hole Hotels. Good Beer Group holds a stable of predominantly CBD-focused pubs, including the Edinburgh Castle Hotel, Coronation Hotel and Surry Hills’ KB Hotel. Having sold the Commodore Hotel to Glenn Piper mid-2023, Good Beer […]
Ashton Waugh has topped a list of bidders competing for Waterloo’s Grosvenor, taking the city-fringe pub for circa $8.5 million. Having purchased it from Riversdale in 2010, former CCA executive Denis Hickey and business partner Warwick Negus sold it for $5.3 million in 2017 to an overseas investor, who has had it running under management
RG McGees in growing Richmond has sold to prominent Sydney hotelier Ashton Waugh’s pub group Watering Hole Hotels, furthering the region’s surge of pub investment. The well-known Hotel came to market in August, as a cooperative arrangement between tenant Jason Teague and freeholders Stan and Janice Bridger to offer up the freehold going concern. Standing
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