Property tycoon Sam Arnaout has added the 195-year-old Wisemans Ferry Inn Hotel on the banks of the Hawkesbury River north-west of Sydney to his fast-expanding hospitality empire.
It is understood Mr Arnaout’s Iris Capital paid about $10 million for the heritage pub, which was offloaded by former Wallaby Bill Young and his family after nearly two decades of ownership.
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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
