Laundy family invests in Casula
Arthur Laundy has snared the vacant Hunts Hotel Liverpool, at Casula, for a speculated $42 million.
The 2.142 hectare B6 Enterprise zoned holding at 2415 Camden Valley Way, near the V-intersection with Campbelltown Road, is expected to be refurbished, including with new buildings.
It presently contains 140 guest suites, a ballroom, conference facilities, restaurants and gaming room, across several structures.
There are also two tennis courts and a pool.
JLL’s Andrew Langsford, Nick Roche and Ben McDonald represented the vendor, which has applied for a hotel liquor licence and to increase the number of electronic gambling machines to 30.
The property is opposite the Crossroads Hotel which ex-Sydney lord mayor Nelson Meers acquired earlier this year for $160m – a national pub record price (story continues below).
Earlier this week, a homemaker complex behind that, the Crossroads Centre, sold to LaSalle Asset Management for $282m.
Casula is 34 kilometres south west of Sydney.
Elsewhere in Sydney’s outer west, Laundy Hotels co-owns the Log Cabin Hotel, in Penrith.
The publican is also behind the recently completed Marsden Brewhouse, at Marsden Park.
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