Central Coast’s Kincumber Hotel sold to local buyer
Treasured Central Coast watering hole the Kincumber Hotel has been snapped up by a local buyer for $15 million.
Coined the ‘Kinny Pub’ by locals, the popular establishment on Carrak Rd, which hosts the famous annual Craft Beer Festival, has been sold to the Hunter Hotel Group, an Erina-based company headed up by Paul and Bill Hunter, who also own the Bateau Bay Hotel.
“We’ve been looking for a while and when we heard that the Kincumber Hotel was going to be offered for sale, we moved quickly,” Paul Hunter told the Express Advocate.
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“It’s a well-balanced, community focused pub and we see a lot of potential.”
The pub has been owned and operated by property industry boss Geordie Clark and his brother-in-law James Henty for the best part of a decade.
The pair have overseen the subdivision and development of the 8582sqm parcel of land to the rear of the Hotel during their tenure, as well as the overseeing the complete refurbishment and repositioning of the venue.
“We are proud of what we have achieved at the Kinny. The hotel has been transformed into a respected community hotel catering to all ages and demographic and we are happy that the Hunter Family will take its on its next journey” owner Geordie Clark comments.
The $15 million transaction was handled by HTL Property’s Dan Dragicevich and Andrew Jolliffe and was sold within three weeks of listing.
This year the pub hosted its eighth Central Coast Craft Beer Festival, an event that attracts dozens of brewers from all over Australia.
The event showcases more than 100 craft beers and ciders with everyone from beer enthusiasts, cider connoisseurs, craft novices and home brewers invited to discover their new favourite brew.
“The festival is a great event that’s well supported, so we’re planning on continuing with it for as long as we can,” Hunter says.
“We take over in January and will take our time to get to know the hotel and the community before planning any upgrades.
“Geordie and James have done a great job making the hotel a friendly venue for all so we don’t want to rush into changing the formula.”
The Hunter Hotel Group own a portfolio of eight significant hotels between the Central Coast, Lake Macquarie and Hunter regions, with the most recent acquisition the Bateau Bay Hotel, which was purchased from the Laundy Hotel Group in 2017 for $13 million.
This article from The Central Coast Express Advocate originally appeared as “Popular Kincumber ‘Kinny’ pub sold to local buyer, Hunter Hotel Group”.