Singo buys Elanora Hotel

John Singleton has purchased a pub in the NSW Central Coast city of Gosford

Key points:

  • Singleton buys Elanora Hotel

  • Price tag apparently approx. $25m

  • Multiple pub families exiting in hot market

After a long period of exiting pub positions he held with former Qantas boss Geoff Dixon and venture capitalist Mark Carnegie, John Singleton has purchased the Elanora Hotel located on the NSW Central Coast city of Gosford.

Multiple pub families have been exiting what is currently a hot market, with the Bayfield family selling The Newport Arms and the Ryan family offloading Townsville’s Rising Sun Hotel.

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