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Oaks Hotel Sold for $140M, New Owners Promise Legacy

Published 2 weeks, 2 days ago
Description

The Oaks Hotel in Neutral Bay, a beloved Sydney pub, has sold for a record-breaking $140 million, marking the second-highest pub sale in Australia. The Gallagher family, owners of Gallagher Hotels, has acquired the iconic venue, known for its sports bar, cocktail lounge, restaurant, and more. The Thomas family, who owned the pub for 50 years, praised the Gallaghers as ideal stewards for the venues legacy. The sale solidifies the Oaks status as a community staple, now set to flourish under the Gallaghers ownership.

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