May 20 2019
Merivale sells Potts Point freehold building for $13m +
People & Companies / Latest News
Merivale owner Justin Hemmes has sold an iconic Potts Point freestanding building at 61-63 Macleay Street, for over $13 million, $2 million above price expectations, prior to Auction via Jason Boon of R & W Elizabeth Bay. Merivale has purchased around $220 million in pubs over the last five years and originally purchased 61-63 Macleay Street in 1988 for $1,428,000. The three level mixed use residential and retail building housed Mirvales first ever coffee shop.