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Historic pub to close after Rich Lister sells building, keeps pokies

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Pubs and pokies billionaire Bruce Mathieson has sold the well-known Captain Cook Hotel opposite the Sydney Football Stadium in Paddington for less than half what he paid for it in December 2022.

Records show the 110-year-old, four-storey venue on the corner of Flinders Street and Moore Park Road – a popular stopping off point for a beer on the way to the footy or cricket – changed hands for $6.6 million earlier this month.

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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/historic-pub-to-close-after-new-owner-takes-pokies-sells-building-20240722-p5jvii