Commodore Hotel is without a doubt one of North Sydney’s greatest pubs - and one with an incredibly rich and colourful history. I am honoured to continue the Commodore’s long legacy and excited to have the opportunity to elevate it into something really special that reflects the community today,” said Glenn Piper.
Glenn Piper has acquired the iconic Commodore Hotel in Sydney’s North. Located on the edge of the North Sydney commercial district and in the heart of the McMahon’s Point shopping village, the historic pub has been a local institution for over 169 years.
Piper will receive the keys to the venue in August, and plans to spend the coming months diving deep into the history of the Commodore and the community that surrounds it to ensure any refurbishment plans respect the rich culture that it has developed over the decades.
Sold on behalf of Good Beer Company, the transaction was facilitated by JLL Executive Vice President Ben McDonald, Senior Vice President Kate MacDonald and Managing Director John Musca.
“Standing proudly on the corner of Blues Point Road, the Commodore Hotel is without a doubt one of North Sydney’s greatest pubs - and one with an incredibly rich and colourful history. I am honoured to continue the Commodore’s long legacy and excited to have the opportunity to elevate it into something really special that reflects the community today,” said Piper.
Commenting on the sale, JLL Hotels Executive Vice President Ben McDonald added; “Capital continues to seek exposure to ‘alterative assets’ that display strong IRR characteristics and have the ability to generate strong cash flow through trading operations. With genuine value-add potential via the approved DA, in addition to the compelling investment drivers, The Commodore was keenly pursued by those selected to participate in the sale process.”
JLL Senior Vice President Kate MacDonald also added, “The significant brand equity of The Commodore in the local hospitality scene was a major drawcard for the purchaser who will certainly build on the pub’s strong reputation and business. We look forward to seeing The Commodore evolve over time under Mr Piper’s watchful eye.”
With an esteemed career in property, Piper is committed to creating vibrant destinations that honour the history of the area and the community that calls it home. His 2020 transformation of Freshwater’s Harbord Hotel, for example, paid tribute to Freshwater’s celebrated surf culture.
The acquisition of the Commodore Hotel also marks the first inner-city venue of Piper’s NSW property portfolio. In addition to the Harbord Hotel, in 2022, Piper took on the leasehold of Q Station on the headland of Sydney’s Northern Beaches, Hook Island in the Whitsundays and the freehold on The Beach Hotel in Newcastle’s Merewether, both of which are in the process of inspired transformations.
Related Glenn Piper Reading:
Merewether Beach Hotel sold to Hotelier Glenn Piper
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Q Station Sydney Harbour sold - HTL & CBRE
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Iconic Commodore Hotel sold for $29m to Glenn Piper