Sydney restaurateur buys Budgewoi hotel
Posted by on 10 February 2022
Hotel brokers, HTL Property have announced the sale of The Coast Hotel at Budgewoi for $15 million.
Overlooking Budgewoi Lake, the hotel has been sold to well known restaurateur Bill Drakopoulos of Sydney Restaurant Group (SRG) following a keenly contested off market sale process.
Harvest Hotels, led by Sydney-based publicans Chris Cornforth and Fraser Haughton, will spend $5 million upgrading the 1897-built venue.
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