The Rich List Laundy family has again teamed up with Port Macquarie hospitality operator Alistair Flower to buy the Tacking Point Tavern in the northern NSW coastal town for about $47 million.
The sale of the 104-year-old hotel, offered for the first time since being built by the Whelan family, takes total pub sales this year in NSW past $1 billion.
Tree-changers and a surge in domestic tourism has led to a rise in demand for regional pubs, and the owner of the Port Macquarie Hotel and Tacking Point Tavern is testing the market.