LocalsCo snaps up another Perth pub
Mount Henry Tavern has sold to Western Australian hospitality operator LocalsCo.
The freehold for the a.123 hectare property, 176 Lockhart Street, Como, set it back $14 million.
The associated business traded for an undisclosed price.
CBRE’s Chloe Mason was the agent.
It is the eighth Western Australian asset for LocalsCo.
Mount Henry Tavern
The Como site has four street frontages, within the Canning Bridge Activity Centre precinct, which covers parts of Como and adjoining suburbs (continues below).
Its was marketed for its development upside – a 2023 marketing campaign promoted a potential 15-level mixed-use project.
The site was offered by the Mewett family, which held since 1991.
Golden Hotels took over the tavern’s operation in 2013.
Como is about six kilometres south of Perth’s CBD.
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