New Owner Has Big Plans for Normanby Hotel in Red Hill

The Normanby Hotel in Red Hill has changed hands and its new owner has big plans for the iconic pub, after paying Queensland publican Jaz Mooney $15 million for the deal.

The new owner is said to be planning to reposition the iconic pub, which recently underwent refurbishment, and re-establish it as a market-leading venue. 

Jaz Mooney, who acquired the property in 2019, sold it to Ingham-Myers last December 2022 with CBRE senior director Paul Fraser handling the sale through an expression of interest campaign. 

“We are currently in the middle of a gaming boom in South-East Queensland with respect to both revenue generation and the value of gaming machine authorities,” Paul Fraser said.

“This has underpinned the tightly held nature of inner-city assets with gaming pubs becoming even more coveted as strategic investments.

“With the value of gaming showing continual growth, Brisbane’s elevated infrastructure pipeline, and the 2032 Brisbane Olympics on the horizon, the trading outlook for pubs is strong and we expect investor sentiment for these assets to remain robust through 2023.”

Architectural drawing of the Normanby Hotel ca. 1890 | Photo credit: Contributor(s): Nicholson & Wright, Public domain, via Wikimedia Commons

Normanby Hotel was built for publican Elizabeth Sophia Burton in 1890. The heritage-listed building sits on a 4,162 sqm site on Musgrave Road in Red Hill. It offers 35 gaming machine authorities, bars, restaurants, a beer garden, and function areas.

Previous owner Jaz Mooney said that he is happy to see the pub retained by safe hands and that he looks forward to what Ingham-Myers would do with it.

The Ingham-Myers also owns the Rocklea Hotel which also underwent a transformation with a newly refurbished gaming room, bistro, brand new pool table and a full-fledged TAB and sports bar.

Published 20-January-2023

New Normanby Hotel Management Puts A Stop to Weekend Parties

Red Hill’s Normanby Hotel is one of Brisbane’s favourite venues for a Sunday session where you could enjoy a cold beer and live music in the beer garden whilst dancing until the early hours of the new working week.

But that will soon change as the iconic heritage listed hotel is now under new management that wants to transform it into a family-friendly destination.

Jaz Mooney, Managing Director of Pelathon Management Group, has commented that the pub will soon become a suburban and family-friendly venue for everyone. They want the locals to use the destination as their home, office, and playground.

Pelathon Management Group entered a two-year lease over Normanby Hotel in May 2019. The group also has the option to buy the freehold of the hotel.

Shaun Dunleavy of the Winchester Group will supervise the renovations. Dunleavy was known for overseeing Regatta Hotel’s $10-million upgrade in 2012.

Meanwhile, the hotel is currently closed for a $2 million worth of full refurbishment and will reopen after four months.

About Normanby Hotel

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The two-storeyed brick hotel was constructed in 1890 for Brisbane publican Elizabeth Sophia Burton, on land acquired by her husband in 1865.  It was designed by John B Nicholson and built by Thomas Game.

Extended in 1917, the hotel has been co-owned by Otto Wilhelm and software mogul Michael Dempsey since 1999.

Located north of the Brisbane CBD, Normanby Hotel was put on the market for the first time in 15 years last year. It was last renovated in 2003.

The property includes a huge 3683-sqm site, the multi-level pub and a large car park, as well as a restaurant, gaming machines and bars.