Liquor industry news site, The Shout, is reporting Jack Thompson has put the Gearin Hotel in Katoomba up for sale.
The listing reveals the auction is due 23 June, and the pub is turning over about $330,000 a week. The iconic actor has owned the hotel since 2006, when it is reported he paid about $4million.
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One Response to “Got a lazy few million? The Gearin is for sale.”
Today’s Herald says it sold.
“Not even the hardiest of Australian film actors have been able to weather the downturn in the pub sector.
The Breaker Morant star, Jack Thompson, his son Patrick and two other partners have sold the Hotel Gearin in Katoomba for $1.925 million. They purchased the nine-pokie, 24-hour liquor-licensed Art Deco watering hole for $4.2 million in 2005.
On the pub’s website, Thompson said it was ”his passion for Australia and its culture and history that attracted [him] to the Hotel Gearin”.