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Revealed: Australia’s 50 most valuable pubs

Revealed: Australia’s 50 most valuable pubs

They’re etched into the national psyche – a place for a pint, a pie and a punt. But hotels are also serious business and increasingly expensive trophy assets.

“Pubs are underpinned by incredible real estate value and great cash flow,” Stuart Laundy says.  Bethany Rae

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The once humble corner pub – the home of the pint, the pie and a spin on the pokies – has morphed into trophy properties that can be worth hundreds of millions of dollars.

That has brought some heavy-hitting investors into the business, lured by rivers of gaming and hospitality gold underpinned by some seriously valuable real estate.

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clarification

This story was updated to reflect that the Gregory Hills Hotel is operated by the Malouf family.

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Larry Schlesinger
Larry SchlesingerReporterLarry 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/revealed-australia-s-50-most-valuable-pubs-20240904-p5k7qm