Andrew Lazarus buys Horsley Park Tavern for $25 million

·

Hotelier Andrew Lazarus has purchased the Horsley Park Tavern in western Sydney for about $25 million, expanding his growing hospitality portfolio.

Property records show a company directed by Lazarus, who heads Zenith Hotels, acquired the 10,500-square-metre pub site from the family of late publican Valentine Lubec, who built the venue in 1980 after emigrating from Yugoslavia.

According to The Australian Financial Review, Lazarus, who also owns The Exchange in Newcastle and The Vineyard in Sydney’s north-west, previously bought the Rydalmere Tavern for around $65 million in 2022 and sold the Merewether Beach Hotel for more than $30 million.

The acquisition comes as western Sydney undergoes major growth, with nearby projects including Amazon’s 80,000-square-metre facility, NextDC’s S4 Sydney data centre, and the new Western Sydney Airport set to open in late 2026.

Separately, Lazarus and his wife Denise recently bought Potts Point’s Jenner House for $28 million from Peter Freedman, nearly $3 million less than he paid in May 2023.

Source: AFR.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

South Melbourne FC surge into Leaders Group with dominant win over Tahiti United

South Melbourne FC have delivered a statement performance on the eve of the Leaders Group with a dominant 8-1 victory over Tahiti United.

Greece completes first phase of humanitarian aid to Lebanon

Greece has completed its first round of humanitarian assistance to Lebanon, according to a statement from the Greek Embassy in Beirut.

Turkey challenges Greece over Aegean fishing restrictions

Turkey has accused Greece of imposing unlawful fishing restrictions in the Aegean and Eastern Mediterranean beyond its territorial waters.

Trump extends Iran ceasefire amid stalled talks and ongoing blockade

Donald Trump has extended the ceasefire with Iran as negotiations remain stalled, with Tehran refusing to return to talks.

Greek Australian Writers’ Festival marks record-breaking success in its fifth year

The Greek Australian Writers’ Festival, presented as part of the Greek Festival of Sydney, has concluded its most successful edition to date.

You May Also Like

EU willing to discuss easing of Greek budget targets

The European Union’s new economy commissioner says Greece’s bailout lenders are willing to discuss a request by Athens to ease strict budget targets that would help speed up country’s recovery.

Greece vows to abolish all voting restrictions for Greek diaspora

The government will introduce an amendment abolishing all voting restrictions on the Greek diaspora, Interior Minister, Makis Voridis, said.

Dr Adrianos Golemis becomes first Greek selected for ESA astronaut training

Dr Adrianos Golemis has made history as the first Greek to take part in an astronaut training programme at the European Space Agency (ESA).