Solotel buys historic The Australian Hotel at Sydney's Central Park

Solotel buys historic The Australian Hotel at Sydney's Central Park
Solotel buys historic The Australian Hotel at Sydney's Central Park

Frasers Property Australia and Sekisui House Australia have announced the sale of The Australian Hotel and Abercrombie Heritage Terraces in Sydney's Chippendale to Solotel Hospitality Group for an undisclosed sum.

The sale concludes an international expressions of interest campaign to find a buyer, which was run by Ray White Hotel's Andrew Jolliffe.

Constructed in 1938, The Australian Hotel was one of four pubs included within the original Carlton United Brewery site. 

The purchase includes the original hotel building located at the corner site of Broadway and Abercrombie Street as well as three heritage terrace houses fronting Abercrombie Street

Frasers Property and Sekisui House Australia are partners on the award-winning Central Park development at the former Carlton & United brewery site, which is set to house 5,000 new residents once completed.

The purchase of the Australian Hotel by hotelier Bruce Solomon and renowned chef and restaurateur Matt Moran of Solotel Hospitality Group sees the continuation of the trend of experienced operators taking their products to new areas of Sydney.

"Both Bruce and Matt have enjoyed considerable success in both Sydney and Brisbane through their ARIA, CHISWICK and Opera Bar businesses to name but a few, and we anticipate their hospitality prowess will again deliver the dynamic Chippendale area with another flagship drawcard upon completion of their Australian Hotel project," said Jolliffe. 

Central Park’s project director, Mick Caddey, said the joint venture team was pleased to bring experienced operators such as Solotel on board at Central Park.

The Australian Hotel, which will reopen in 2018 after refurbishment, will form part of Central Park’s Broadway street frontage embedded within the Foster + Partners designed DUO towers. 

“The Australian Hotel was once one of the most important local watering holes in the southern end of the Sydney CBD," Solotel Group’s managing director Bruce Solomon said.

"It saw a motley crew of Fairfax journalists, Carlton United Brewery staff and local rag-trade workers pass through its doors during the 40s, 50s and 60s." 

In addition, the three adjacent terrace houses facing Abercrombie Street will be converted into a European-style wine bar.

Tags: 
Sydney Hotel Sale

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