Newcastle pubs the Belmont Hotel and Salamander Tavern sold for $20m by HTL Property
Following the competitive sale of Elemore Vale’s Shaft Tavern to Iris Capital’s Sam Arnaout in December, HTL Property now announces the off-market sales of both the Belmont Hotel and Salamander Tavern in separate transactions to begin the new year.
Iris Capital purchase a fourth Newcastle Pub, Shaft Tavern
Newcastle's Shaft Tavern has sold to Sam Arnaout's Iris Capital for a rumoured $12 million, in a deal negotiated by Blake Edwards and Dan Dragicevich of HTL Property, and Deane Moore from Moore & Moore Real Estate.