Brisbane pub The Normanby Hotel leasehold sold to Pelathon
Pelathon Management Group has added Brisbane’s landmark The Normanby Hotel to its growing pub stable, who plan to close the pub for four months to undertake a full refurbishment.
"Pub buyers moving north into Queensland" - Power Jeffrey & Co, CBRE Hotels
Two leading Queensland pub brokers have noted strong interstate interest in pub and hotel assets in order to capitalise on attractive yields and Queensland's growing tourism sector.