Victorian Pub sale - 29 Sydney Road, Brunswick

Victorian Pub sale - 29 Sydney Road, Brunswick


December 2015
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Victorian Pub sale - 29 Sydney Road, Brunswick

Local developer Peregrine Projects has bought the Bridie O’Reilly’s pub in Melbourne’s Brunswick for just over $6 million.

The property was sold by local investor John Connellan, who had owned the pub for 18 years.

The buyer plans to retain the original heritage corner hotel while developing up to 60 apartments over five levels on the remainder of the block.

The site was at the gateway to Brunswick with multiple street frontages, while being close to parklands, shops and universities, said Colliers International agent Guy Wells.

PRICE: $6.03m

YIELD: 4.23 per cent

BUYER: Peregrine Projects

SELLER: John Connellan

SITE: 1120sq m

AGENTS: Guy Wells and Pat Connolly, Colliers International; Jonathon McCormack and

Alex Ham, Gross Waddell,

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