Every blokes dream is to own a pub, and with housing prices shooting through the roof, maybe owning your own drinking hole is a better option right now.
If you have some pocket change lying around, or you're just a keen window shopper, Realestate.com.au together with The Daily Telegraph have put together a list of ten iconic Australian outs that are legitimately on the market for purchase right now.
Royal Hotel – Tamworth, NSW
The Royal Hotel to the north of the outback city is for sale with a $425,000 price tag that could reportedly earn you about $36,000 a year.
The Met – Fortitude Valley, QLD
A hot night spot in popular Fortitude Valley, The Met has hit the market just four years after selling for $3.5 million.
The multi-level venue — which has a 3am licence — trades just two nights a week and promises “strong returns”..
Captain Cook Hotel – Paddington, NSW
Known as a hot hangout for backpackers and travellers, this pub-cum-boarding house is looking for its next landlord.
There are 19 years left on the leasehold, including options and with the purchase there is a ground floor bar, bistro, beer garden, band room and gaming room with 15 pokies.
Victoria Park Hotel – Victoria Park, WA
A proud Perth pub on the Albany Hwy about 3km from the CBD, the Victoria Park Hotel has been a favourite among locals since it opened its doors back in 1927.
The long term lease is available with 62 years left on the lease and according to the selling agents, the watering hole turns over about $3.85 million a year.
Leitchville Hotel – Leitchville, VIC
For the price of an inner Sydney or Melbourne flat, this “all rounder” country pub is up for grabs with a $850,000 price tag — just the right price for anyone hoping to start their pub empire.
Mt Remarkable Hotel – Melrose, SA
Costing less than a Sydney car space, this pub could be the outback tree change opportunity you have been looking for.
The popular tourist destination at the foot of the Flinders Ranges and Mount Remarkable National Park is also a hotel with an additional six motel units.
Oxford Art Factory – Darlinghurst, NSW
Earlier this year it played host to Dave Grohl’s Chevy Metal show, but last week the famed Oxford Art Factory went under the under the hammer with price hopes of an estimated $5 million but was passed in.
One of Sydney’s last remaining live music venues post lock out laws, the night spot doesn’t risk closure with the sale as just the strata is up for grabs.
The Giddy Goat Hotel
As well as snapping up a memorable name, the potential buyers of this Queensland pubget a whole lot of hotel for their buck.
With an asking price of $3.975 million, the 899sqm site in the heart of Rockhampton has eight years and eight months left on the lease, includes a cafe and restaurant, corner bar, patio bar, nightclub and the popular Melba’s Bar totalling almost 2000sqm of operating space.
Tooma Inn – Tooma, NSW
It’s been the place for locals to have a cold beer for 138 years and now the rural Tooma Inn is on the market with a very modest price tag of $550,000.
The Tooma Valley, two hours east of Albury is right on the NSW-Victorian and close to the Kosciuszko National Park.
Duke of Edinburgh Hotel – Enmore, NSW
The grand old Duke in Enmore is on the market with 15 years left on the lease.
The popular drinking hole, which sits on a 430sqm block with a bustling beer garden is just down the road from the Enmore Theatre and has a healthy income stream including 13 pokies and seven hotel rooms.
From Wednesday to Saturday The Duke has a 2am licence for late night drinking and it is also close to Newtown Train Station.