The Bondi Road pub has been owned by the Moulding family for 40 years and went up for sale last month. Unlike the Vic On the Park — which Merivale stated would remain as-is for the time being — the venue looks set to undergo the kind of extensive renovation Merivale is known for. In a statement released today, the group said it would announce future plans for the venue "in due course".
How much Merivale paid for the venue is not yet known, but The Daily Telegraph reported just last week that it was expected to sell for around $30 million. The Royal is the group's first Bondi acquisition and further confirm it plans to spread its brand across every inner-city suburb in Sydney.