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Annandale’s new co-owner revealed

Four live music venues are, or have, exchanged hands of late. The new owner of Sydney’s The Annandale includes Bill Gravanis’ Oscars Hotels, which went into joint venture with an unidentified partner. Oscars’ portfolio includes Bar Century in the Sydney CBD and hotels in Bankstown, Campbelltown, Camperdown and Towradgi Beach. A statement from Oscars suggested that the Annandale would continue to have live entertainment but may not play such a pivotal role as under the previous management.

The statement said, “The Annandale Hotel will continue to operate under its current format in offering live entertainment with a future objective for the hotel to be refurbished to focus on building a strong regular trade through providing a great food, beverage and entertainment offer.” Leichhardt mayor Darcy Byrne who sees the Annandale as an important part of his vision for a live music precinct in that area, has signaled he will meet with Gravanis.

The Australian Hotel in Ballina, NSW, was sold to a buyer from Wagga.

The Station Hotel in Lismore, which also has bands on, is up for sale.

Queensland’s Southport Workers Club members voted to sell off their Scarborough St building to get at least $4 million to pay off their debts and keep operating. The club will stay on as a tenant.

Meanwhile, Perth’s Burswood Dome is not for sale. But the WA Government will be demolishing after 26 years of hosting music, sports and entertainment. It hosted concerts by the likes of Michael Jackson, Beyonce, AC/DC, Kylie and The Wiggles. But it’s become too expensive to run and can’t compete with the new Perth Arena, the Government sniffed.

- Christie Eliezer

 

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