Late Night Inner West Institution Listed For Sale

The Oxford Tavern in Petersham has been listed for sale with the asset anticipated to attract interest from hoteliers, developers, property investors and retail food operators.

The Hotel is being sold on behalf of Cameron Gray and Adam Shepard of HM Advisory in their capacity as Receivers and Managers.

Leading pub brokerage HTL Property has been exclusively appointed to manage the sale with Directors Sam Handy and Blake Edwards steering the process.

The hotel is prominently positioned overlooking the intersection of New Canterbury and Crystal Roads and is in close proximity to both Petersham train station and Deicorps recently completed mixed-use Sidings precinct, named The Sidings, which comprises 357 apartments across three separate sites.

The Pub is situated on an expansive 734 sqm* landholding and benefits from recent updates to the NSW planning framework, specifically the Transport Oriented Development (TOD) provisions. These new regulations apply to sites located within 400 metres* of both train stations and/or shopping centres, supporting increased residential and mixed-use density in urban areas.

The site is eligible for development up to six storeys under the current controls. However, given the context of surrounding developments, it is considered that there is a strong likelihood of securing approval for up to eight storeys, subject to detailed planning and design. Under the TOD guidelines, the site may support a building height of up to 24 metres, with a base Floor Space Ratio (FSR) of 2.5:1. Bonus FSR may be achievable, as evidenced by comparable developments in the immediate vicinity that exceed the base controls.

‘The vendors have received unsolicited approaches from local developers seeking to take advantage of the new Transport Oriented Development planning framework’, suggested HTL Property’s Sam Handy.

‘We’re subsequently anticipating a keenly contested campaign with interest from a broad spectrum of buyer segments’, he added.

Over and above the obvious underlying land and building value and the compelling mixed-use redevelopment potential (STCA), there is an outstanding opportunity for a food and beverage-focused publican, bar operator, and/or restaurateur to reactivate the hotel. The site also lends itself to a high-end retail food offering such as Harris Farm or the Fourth Village Providore in Mosman.

The hotel holds a 3am liquor licence and presents with one of the largest and most expansive trading footprints within the Inner West catchment.

‘The Oxford Tavern presents as a compelling entry-level pub acquisition for any hoteliers, bar operators, craft brewers, distillers and/or restaurateurs seeking a metropolitan Sydney trading opportunity’, advised HTL Property’s Blake Edwards.

‘The price guide we’re offering represents underlying land and building value alone, and there is subsequently no goodwill value being apportioned into pricing’, he added.

The popular Inner West watering hole has operated as one of Sydney’s late-night dive bar icons over the last decade, having been run by groups such as Drink & Dine, Aus Venue Co and the Odd Culture Group.

The business was acquired by the Drink ‘n’ Dine Group in 2012, who reinvented the offering into an American barbeque-themed diner with a bar, bistro, function area and large outdoor beer garden.

The business was then acquired by Melbourne-based Dixon Hospitality Group in 2016, which on-sold the leasehold to the Odd Culture Group in 2019, who then renovated and relaunched the venue in 2020. The group chose not to renew their lease option midway through 2023 and the business was subsequently closed. It has remained closed for the last three years.

The listing of the Oxford Tavern follows a raft of recent inner-city pub sales with the Empire Hotel (Annandale), Frisco Hotel (Woolloomooloo), Exchange Hotel (Balmain), White Cockatoo Hotel (Petersham) and the Court House Hotel (Newtown) all having been announced over the course of the last six weeks.

The Oxford Tavern is being sold via Expression of Interest closing at 4:00pm Thursday 23rd July 2026.

*Approx