The John Singleton, Geoff Dixon and Mark Carnegie-backed Australian Pub Fund has put The Elephant Hotel in inner Brisbane up for sale, part of $70 million of high-profile east coast freehold venues to hit the market this week.

Price expectations are understood to be around $20 million for the historic  four-level Fortitude Valley venue, which offers four separate bars, a large outdoor beer garden and a gaming room with 42 machines.