Glebe Stalwart The Roxbury Is On Sale for a Cool $6 Million
The 700-square-metre, two-level Glebe Point Road building is on the market, including the pub's original bar, functioning kitchen and dining area.
Owning a pub and spending all day drinking with your mates is a dream come true for many — especially for fans of It's Always Sunny in Philadelphia. Well, if you have $6 million lying around, your dream could become a reality. Former Glebe stalwart The Roxbury Hotel is currently on the market for a cool $5.95 million.
The Roxbury has been closed for over a year now, and the building's owners are looking for someone to breathe fresh life into 180-182 St Johns Road, which does have a lot going for it. The 700-square-metre, two-level building sits on a prime corner location along Glebe Point Road and the space still contains its original bar, functioning kitchen, dining area and pokie room, with all licenses included in the deal. The price also includes the Victorian adjoining terrace house — a plus for those that wish to easily stumble home.
For the more entrepreneurial types, there is also an existing DA (approved through March 2021) which allows the owner to add an additional level and build 25 studio apartments, with the ground floor remaining a retail space — or another pub.
The last time The Roxbury changed hands was back in 2014 for $3.4 million. This time around, the pub has been on the market since last year and failed to sell at auction back on November 30 — we guess Merivale's Justin Hemmes missed the memo.
Image: Jayphen via Flickr.