Australian Venue Co to take over historic Brunswick hotel
Brunswick’s Sarah Sands Hotel has been leased to pub group Australian Venue Co to run a gastro pub in the historic hotel once its renovation is complete in November next year.
Australian Venue Co has signed a 10-year deal, with two 10-year options. Backed by private equity giant KKR, Australian Venue Co the second largest hotel operator in the country with nearly 160 venues in Australia and New Zealand.
Owned by developer Joe Chahin’s Peregrine Projects, the hotel is being restored under the guidance of heritage experts Lovell Chen. Chahin also has plans for a seven-storey apartment tower designed by JCB architects on vacant land behind the heritage hotel.
Sheridan Randall, 31st October 2019
