Add articles to your saved list and come back to them any time. Pub tsar Justin Hemmes has cemented his position as the largest single owner of popular Sydney pubs, splurging more than $70 million on the purchase of three major hotels over the past three months.
Highest pub — The Cabra Pub, Cabramurra
Located a whopping 1488 metres AHD, the town of Cabramurra, NSW is home to the highest elevation pub in the country and located within the Kosciuszko National Park.
In addition to Lynch's Hotel, Hemmes owns three other pubs in the area: The Quarterdeck, The Inlet and The Whale Inn. He also owns a home in Narooma, a popular beach town, which is around 350 kilometres south of Sydney. Lynch's Hotel is situated in the heart of Narooma and sits on a roomy 2,300 square metres.
Laundy owns The Bells Hotel on the Woolloomooloo waterfront in Sydney. In 2023 his empire boasts more than 90 pubs, some of which he has built.
ABOUT US. Established in 1827 The Wisemans Inn Hotel still retains all the charm and heritage of its time. Now run and operated by Iris Hotel Group, you can be assured of some great country hospitality when you call into the WIH. Stay a day or two in one of the hotel's heritage rooms or in the motel adjoining the hotel ...
Net worth. Hemmes and family debuted on the Financial Review 2018 Rich List with an estimated net worth of A$951 million; that increased to A$1.06 billion, in the 2019 Rich List.
Coastal Victoria property: How Justin Hemmes and Joshua Rudd bought Lorne's pubs.
Two of Sydney's biggest "billionaire playboys" might be feeling a little sorry for themselves after plans to buy the Bangalow Hotel fell through. It's understood Justin Hemmes and Stu Laundy recently made current owner Tom Mooney an offer on the pub.
But now Parachilna in far north South Australia is home to the state's most remote brewery. The Prairie Hotel is attracting a new crowd.
Located near the rugged Flinders Ranges, Prairie Hotel is one of Australia's most iconic pubs.
The Surveyor General Inn – Australia's Oldest Continuously Licensed Inn.
A landmark pub on Sydney's prestigious Lower North Shore is reported to have been sold to a mystery buyer in a deal believed to be around the asking price of $175 million. The Oaks Hotel at Neutral Bay was put on the market last August by its long-time owners, the Thomas family.
“Ballarat has a renowned history as being a pub town – in 1870 boasting over 500 pubs in the district as a result of the Gold Rush. “It is also well known for the brew “Ballarat Bertie” which unfortunately is only made now in special batches.
Stonegate Pub Company is the largest pub company in the UK, operating around 4,800 managed, leased and tenanted pubs . It is owned by TDR Capital. The head office is based in Solihull, UK, and the company is registered in the Cayman Islands.
Moelis Australia has now officially completed its $100 million acquisition of the Beach Hotel in Byron Bay, the most expensive pub transaction ever in Australia.
The pub was built by businessman Lindsay Cooper and first opened in 1987.
The Laundys now own the Watsons Bay Boutique Hotel outright.
The valuations of Gina Rinehart ($37.41 billion) and Andrew Forrest ($33.29 billion), the richest and second-richest Australians for the fourth year in a row, surged 10 per cent and 8 per cent respectively as listed-market analysts re-rated their outlook for red Pilbara dirt.
$130 million – 29 Wentworth Street, Point Piper, NSW 2027
The lavish four-bedroom property was sold Atlassian founder Scott Farquhar and his wife, investment banker Kim Jackson, who already own one of Australia's most expensive houses, Elaine, also in Point Piper (we cover this later).
Australia's most expensive house sale is the $100 million Point Piper estate Fairwater, sold in 2018 by the Fairfax family to Atlassian co-founder Mike Cannon-Brookes.
Widely considered the greatest hotel in Australia, The Oaks Hotel sold to a Mosman family pub near the asking price of $175 million by JLL Hotels & Hospitality Group JLL Managing Director John Musca and JLL Senior Vice President Ben McDonald.
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Sam Arnaout - Managing Director CEO - Iris Capital | LinkedIn.