Venues in major metropolitan areas and even some in regional and coastal towns have changed hands at eye-watering prices since reopening after the pandemic lockdowns ended.
The sale of one of Sydney’s longest owned hotels and an iconic Newcastle pub with “one of the best views in the country” has pushed the value of pub deals in the past year to exceed $1 billion.
Pendle Inn and Merewether Beach Hotel sold watoday.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from watoday.com.au Daily Mail and Mail on Sunday newspapers.