The Gold Coast Tavern has been sold for approximately $25 million to Irvin Hotel Group, marking the latest transaction in a wave of pub acquisitions across Queensland.
The deal underscores a broadening appetite among institutional and private investors for regional hospitality assets as the state prepares for the 2032 Brisbane Olympics.
Joe Irvin, a prominent figure in the Australian hotel sector, secured the asset as part of a broader strategy to expand his portfolio in high-growth regional markets.
The transaction reflects a shift in sentiment toward Queensland's commercial real estate, where operators are positioning themselves to capture increased tourism and business travel demand expected in the lead-up to the Games.
This sale is part of a larger trend of consolidation within the state's pub and hospitality sector.
Investors are increasingly viewing these assets as stable income generators with upside potential linked to the Olympic infrastructure boom.