The Dava Hotel was purchased by a cashed-up “big property owner” after 18 tenders to purchase were submitted. A big drawcard was the 1.55ha landholding.
The commercial property market is feeling the pinch. The traditional powerhouses - offices and shops - are struggling, but amid the carnage the humble country pub is now hotter than ever before.
Commercial property: Why the humble country pub is selling like hotcakes smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.
Commercial property: Why the humble country pub is selling like hotcakes theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.