Abbotsford's Terminus Hotel Latest in a String of Melbourne Pubs to Sell

ABBOTSFORD’s prominent green Terminus Hotel has sold to an owner occupier for a price speculated to be about $5.5 million.

The pub, often touted as being in Richmond because it sits at the suburb border (Victoria Street) was sold by Jones Lang LaSalle’s Mathew George in an off-market campaign.

The Terminus is the latest in a string of pubs to be put up for sale recently.
Earlier this week at auction, the Australian Leisure & Hospitality Group offloaded four Melbourne pubs: the Eltham Hotel for $7.9 million, Essendon’s Royal Hotel, for $6.8 million, Glen Waverley’s Mountain View Hotel for $10.9 million and the Westmeadows Tavern, in the north-west, for $4.4 million.

ALH is co-owned by Woolworths and pokie king Bruce Mathieson.

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