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The Advertiser
10-08-2025
- Business
- The Advertiser
A pub that launched an iconic sticker and a bush legend is for sale
Most people are familiar with the Conargo pub without having actually ever been there. That's because the pub's famous black and white bumper sticker has long been a must-have for "authentic" country utes or Eskies, Conargo can also thank the popularity of the Deni Ute Muster for that. The hotel, in the NSW Riverina region, established way back in 1853, is now for sale. Aside from the iconic sticker, the pub has also been in the public spotlight after burning down in 2015 and risked being lost to history. Then in 2022, two sets of brothers rebuilt it and are now selling the legendary watering hole as a going concern. Located on the crossroads of Carrathool and Conargo roads, about 36km north-east of Deniliquin, the hotel is on a 7884 square-metre site close to winding Billabong Creek. Michael and Paul Lodge along with brothers Charlie and Bob White, rebuilt the pub as a tribute to their family's connections to Conargo and the hotel. During the 1970's and earlier it was known as the Billabong Hotel Conargo. Neville Lodge, well-known licensee from 1956 to 1980 is credited with changing the name. Controlled for so many years by "mine host" Lodge, it was the meeting place where jackaroos from various backgrounds met and formed lasting friendships. While the suggested selling price has not been disclosed, agents from CRE Brokers say the sale is a "rare opportunity" to own a piece of Australian bush history. Agents say today's rebuilt hotel blends modern charm with its storied heritage. "This is more than a business, it's a vibrant cornerstone of the Riverina region." Agents say the freehold sale offers both the land and a thriving business in a tightly held market, promising strong value and growth potential. The hotel has a new 100-person function space, stylish lounge, bar, the Peppin function room, beer garden and modern commercial kitchen. "Its iconic Conargo Pub stickers, spotted on vehicles worldwide, continue to cement its status as a tourism draw," agents said. "The business is primed for immediate operation, offering significant scope for growth through events, pub-camping style accommodation, and increasing the service offering to include coffee and cake to service the region's booming tourism." Agents said the hotel benefits from easy access to major highways and is supported by a robust local agricultural economy and proximity to the many Riverina region attractions. "This is an ideal opportunity for owner-operators or investors seeking an iconic asset in a niche location that would thrive with solid social media promotion." Most people are familiar with the Conargo pub without having actually ever been there. That's because the pub's famous black and white bumper sticker has long been a must-have for "authentic" country utes or Eskies, Conargo can also thank the popularity of the Deni Ute Muster for that. The hotel, in the NSW Riverina region, established way back in 1853, is now for sale. Aside from the iconic sticker, the pub has also been in the public spotlight after burning down in 2015 and risked being lost to history. Then in 2022, two sets of brothers rebuilt it and are now selling the legendary watering hole as a going concern. Located on the crossroads of Carrathool and Conargo roads, about 36km north-east of Deniliquin, the hotel is on a 7884 square-metre site close to winding Billabong Creek. Michael and Paul Lodge along with brothers Charlie and Bob White, rebuilt the pub as a tribute to their family's connections to Conargo and the hotel. During the 1970's and earlier it was known as the Billabong Hotel Conargo. Neville Lodge, well-known licensee from 1956 to 1980 is credited with changing the name. Controlled for so many years by "mine host" Lodge, it was the meeting place where jackaroos from various backgrounds met and formed lasting friendships. While the suggested selling price has not been disclosed, agents from CRE Brokers say the sale is a "rare opportunity" to own a piece of Australian bush history. Agents say today's rebuilt hotel blends modern charm with its storied heritage. "This is more than a business, it's a vibrant cornerstone of the Riverina region." Agents say the freehold sale offers both the land and a thriving business in a tightly held market, promising strong value and growth potential. The hotel has a new 100-person function space, stylish lounge, bar, the Peppin function room, beer garden and modern commercial kitchen. "Its iconic Conargo Pub stickers, spotted on vehicles worldwide, continue to cement its status as a tourism draw," agents said. "The business is primed for immediate operation, offering significant scope for growth through events, pub-camping style accommodation, and increasing the service offering to include coffee and cake to service the region's booming tourism." Agents said the hotel benefits from easy access to major highways and is supported by a robust local agricultural economy and proximity to the many Riverina region attractions. "This is an ideal opportunity for owner-operators or investors seeking an iconic asset in a niche location that would thrive with solid social media promotion." Most people are familiar with the Conargo pub without having actually ever been there. That's because the pub's famous black and white bumper sticker has long been a must-have for "authentic" country utes or Eskies, Conargo can also thank the popularity of the Deni Ute Muster for that. The hotel, in the NSW Riverina region, established way back in 1853, is now for sale. Aside from the iconic sticker, the pub has also been in the public spotlight after burning down in 2015 and risked being lost to history. Then in 2022, two sets of brothers rebuilt it and are now selling the legendary watering hole as a going concern. Located on the crossroads of Carrathool and Conargo roads, about 36km north-east of Deniliquin, the hotel is on a 7884 square-metre site close to winding Billabong Creek. Michael and Paul Lodge along with brothers Charlie and Bob White, rebuilt the pub as a tribute to their family's connections to Conargo and the hotel. During the 1970's and earlier it was known as the Billabong Hotel Conargo. Neville Lodge, well-known licensee from 1956 to 1980 is credited with changing the name. Controlled for so many years by "mine host" Lodge, it was the meeting place where jackaroos from various backgrounds met and formed lasting friendships. While the suggested selling price has not been disclosed, agents from CRE Brokers say the sale is a "rare opportunity" to own a piece of Australian bush history. Agents say today's rebuilt hotel blends modern charm with its storied heritage. "This is more than a business, it's a vibrant cornerstone of the Riverina region." Agents say the freehold sale offers both the land and a thriving business in a tightly held market, promising strong value and growth potential. The hotel has a new 100-person function space, stylish lounge, bar, the Peppin function room, beer garden and modern commercial kitchen. "Its iconic Conargo Pub stickers, spotted on vehicles worldwide, continue to cement its status as a tourism draw," agents said. "The business is primed for immediate operation, offering significant scope for growth through events, pub-camping style accommodation, and increasing the service offering to include coffee and cake to service the region's booming tourism." Agents said the hotel benefits from easy access to major highways and is supported by a robust local agricultural economy and proximity to the many Riverina region attractions. "This is an ideal opportunity for owner-operators or investors seeking an iconic asset in a niche location that would thrive with solid social media promotion." Most people are familiar with the Conargo pub without having actually ever been there. That's because the pub's famous black and white bumper sticker has long been a must-have for "authentic" country utes or Eskies, Conargo can also thank the popularity of the Deni Ute Muster for that. The hotel, in the NSW Riverina region, established way back in 1853, is now for sale. Aside from the iconic sticker, the pub has also been in the public spotlight after burning down in 2015 and risked being lost to history. Then in 2022, two sets of brothers rebuilt it and are now selling the legendary watering hole as a going concern. Located on the crossroads of Carrathool and Conargo roads, about 36km north-east of Deniliquin, the hotel is on a 7884 square-metre site close to winding Billabong Creek. Michael and Paul Lodge along with brothers Charlie and Bob White, rebuilt the pub as a tribute to their family's connections to Conargo and the hotel. During the 1970's and earlier it was known as the Billabong Hotel Conargo. Neville Lodge, well-known licensee from 1956 to 1980 is credited with changing the name. Controlled for so many years by "mine host" Lodge, it was the meeting place where jackaroos from various backgrounds met and formed lasting friendships. While the suggested selling price has not been disclosed, agents from CRE Brokers say the sale is a "rare opportunity" to own a piece of Australian bush history. Agents say today's rebuilt hotel blends modern charm with its storied heritage. "This is more than a business, it's a vibrant cornerstone of the Riverina region." Agents say the freehold sale offers both the land and a thriving business in a tightly held market, promising strong value and growth potential. The hotel has a new 100-person function space, stylish lounge, bar, the Peppin function room, beer garden and modern commercial kitchen. "Its iconic Conargo Pub stickers, spotted on vehicles worldwide, continue to cement its status as a tourism draw," agents said. "The business is primed for immediate operation, offering significant scope for growth through events, pub-camping style accommodation, and increasing the service offering to include coffee and cake to service the region's booming tourism." Agents said the hotel benefits from easy access to major highways and is supported by a robust local agricultural economy and proximity to the many Riverina region attractions. "This is an ideal opportunity for owner-operators or investors seeking an iconic asset in a niche location that would thrive with solid social media promotion."
News.com.au
14-06-2025
- Business
- News.com.au
Vic pubs hitting the market amid ‘cost of doing business crisis'
There's a long menu of Victorian pubs waiting for new owners across the city to the country. From Brunswick East to Beechworth, people dreaming of giving up their office job to enjoy life behind the bar have plenty of properties to pick from, usually coming with six to seven figure price tags. Experts warn that the increasing cost of doing business is driving more publicans and owners to call time. But there's still opportunities for savvy operators to flourish in the hospitality industry. Pubs awaiting new owners include Geelong West's Telegraph Hotel where the freehold and leasehold is expected to sell from $4m to $5m as the owners retire, listed by Vince Carbone Property's Joseph Carbone. Those seeking a regional pub can head to Beechworth where both the 1860s-era Hibernian Hotel and the circa-1870s Empire Hotel's freeholds are available. Asking prices for the hotels are $2.9m and $1m plus GST respectively, with CRE Brokers' Rod Devlin handling both campaigns. In Melbourne, the Quarry Hotel's leasehold is up for grabs in Brunswick East for $300,000, while Port Melbourne's The Cornerstone Hotel's leasehold has a $125,000 price tag. CRE business broker Lloyd Nunn, who is overseeing both listings, said in general, pub owners and operators were facing many pressures amid what he described as a 'cost of doing business crisis'. Recently, the businesses behind Bourke St's The Carlton Club, Richmond's The Kingston and the Windsor Castle near Chapel St were put in voluntary administration. Mr Nunn said increasing overheads for pub owners included land tax, alcohol, food, liquor licensing and footpath trading permits, which could be priced at $5000 to $10,000 per spot. Public liability and building insurance was also going through the roof in some cases by tens of thousands of dollars a year, he said. But Mr Nunn said as more hotels closed, it meant less competition for punters with many publicans 'absolutely killing it' in the outer suburbs. 'If it's a good pub … and you're a partner on a passive investment income, your rate of return is outstanding,' he said. Other Melbourne pubs for sale at the moment include The Fox Hotel in Collingwood and the Limerick Arms Hotel in South Melbourne. Woodards' Andrew Guarino said The Fox, which is leased to operators running the pub, also included two adjoining homes. Price expectations for the entire property are $5m-$5.5m, but a buyer who was simply interested in the pub could acquire it for about $3.5m. Industry insiders indicated the Limerick Arms, leased to a longstanding tenant until 2039, is expected to fetch a seven-figure sum with expressions of interest set to close next week. JLL's senior vice president Will Connolly declined to comment on the asking range for the Limerick Arms, but said that interest had mostly come from Melbourne-based investors. At Rochester, about 180km north of Melbourne, the circa-1870s pub The Tavern's freehold and leasehold is for sale with a $1.1m-$1.2m asking range. Extensively renovated about 20 years ago, the hotel was touched by the 2022 floods but not to a great extent, listing agent Luke Ryan said. Mr Ryan said country pubs often came up for sale when their owner retired or wanted to try something different. Running a rural pub typically involved long hours but could make for an enjoyable social lifestyle, he said. 'You're meeting new people all the time – if you're a people person, it's a great job,' Mr Ryan said. The Tavern, which has four guest rooms and a self-contained unit, could also serve as a shopfront or office downstairs while the owner lived upstairs, he said.
