One of Sydney’s most-loved live music venues, the Lansdowne Hotel on the city’s fringe, is being put up for sale with a price tag of about $25 million.
The 506 square metre site in City Road, Chippendale, with its large-scale entertainment floor, has been a popular haunt for the students of nearby Sydney University and lovers of live music and pub rock.
But the pub fell victim to Sydney’s lockout laws in 2015 that saw patrons unable to enter venues after 1.30am. It reopened two years later when the team behind Newtown’s Mary’s Burgers took over the reins.
The Lansdowne Hotel in Chippendale, Sydney has been listed for saleCredit:
In February 2022, the pub closed again as the Mary’s team called last drinks. In March this year the doors were flung open yet again, when the owners of the Oxford Art Factory stepped in. The pub, which has been around for over 80 years, now boasts a new retro-inspired rooftop, a New York deli-style menu and a late-night free music program.
Loading
The four-level hotel has a 1900 square metre footprint with a 5am liquor licence with rare first-floor extended trading approval, and capacity for 480 patrons at any given time.
The private syndicate owners of the building have appointed HTL Property’s Andrew Jolliffe, Sam Handy and Blake Edwards, with IB Property’s Steffan Ippolito & James Campbell to sell the site.
Handy said the pub sits at the gateway to Sydney’s burgeoning southern CBD and Chinatown and is surrounded by some of the city’s largest mixed-use urban renewal redevelopments – including Frasers $2 billion Central Park precinct and the adjacent Broadway Shopping Centre, RPA Hospital and UTS.
“While institutionally popular as a live entertainment venue, the unmistakable scale of The Lansdowne Hotel lends itself favourably to the further and regular activation of multiple other levels,” Handy said.