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Iconic Bondi pub with lucrative licence sells for $75m

Larry Schlesinger
Larry SchlesingerReporter
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Sydney publicans John and Sally Ryan have struck the biggest pub sale in more than two years, buying the popular Tea Gardens Hotel at Bondi Junction for $75 million.

Their acquisition of the multi-storey gaming venue next door to Westfield Bondi Junction is the biggest pub trade since Rich Lister Sam Arnaout bought the Strathfield Hotel in Sydney’s inner-west for $80 million in July 2022.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
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    Original URL: https://www.afr.com/property/commercial/bondi-junction-s-tea-gardens-hotel-sold-for-75m-20240822-p5k4d2