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