Singo's pub fund to sell Brisbane's Elephant Hotel
Larry SchlesingerReporter
The John Singleton, Geoff Dixon and Mark Carnegie-backed Australian Pub Fund has put The Elephant Hotel in inner Brisbane up for sale, part of $70 million of high-profile east coast freehold venues to hit the market this week.
Price expectations are understood to be around $20 million for the historic four-level Fortitude Valley venue, which offers four separate bars, a large outdoor beer garden and a gaming room with 42 machines.
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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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