Owned by the Byrne family for 36 years, the Friend in Hand’s corner site in Cowper Street has been a favourite watering hole for the communities of Glebe and Pyrmont for decades.

It’s strategically located adjacent to the Roxy-Pacific's West End Residences with proximity to Wentworth Park where approximately 600 apartments are in various stages of development.

The hotel was purchased by prominent Sydney Hotelier, Bill Young, who's family actually owned the venue in the early 1980's.

“We would like to thank and congratulate our clients, Michael and Peter Byrne, on the fantastic legacy their family leaves after nearly four decades of ownership,” said HTL property.

In a statement made by HTL Property, “Following the sale of the Oxford Hotel in Drummoyne to the Laundy family earlier this week, it’s our view that the market is particularly buoyant for high quality assets as evidenced by the actions of established groups and long term industry participants.”

See also: Sydney pub Oxford Hotel Drummoyne sold to Arthur Laundy for $42m

This sale follows some of HTL's other recent inner city mid market transactions including the Coopers Hotel (Newtown), the Bells Hotel (Woolloomolloo) and the Salisbury Hotel (Stanmore).

“We are working with several active and qualified purchasers to identify and transact upon inner city pub assets within the $10m - $15m price segment.”

Click here to visit the HTL Property website.

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