AWARD-winning hotel proprietors will take over ownership of an iconic hotel, which has played a big part in their childhood.
Long-time owners of the Subiaco Hotel Michael and Judy Monaghan put up the landmark building on sale in June this year after running the business for 50 years.
The Subiaco Hotel will change hands in mid October to WA hotel proprietors Dave Allan and Lawson Douglas, as announced today.
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Mr Douglas said he had shared some great times in Subiaco during his younger days and the pair had their eye on the hotel for a long time.
“It’s an ideal fit with our business model of refreshing iconic heritage hotels so they can again become vibrant, integral parts of their local communities,” he said.
The duo already owned two landmark WA hotels, including the Rose Hotel in Bunbury and the Exchange Hotel in Kalgoorlie, which they have revamped.
Mr Allan said no significant changes have been planned for the Subiaco Hotel other than enhancing what was already there.
“It is a grand building with great charm and an important Perth landmark, dating from 1897,” he said.
“Like the Rose Hotel and the Exchange Hotel, the Subiaco Hotel is a much-loved local institution with a long, rich history and we are proud to become only the second owners of the property and continue the tradition of one of Perth’s favourite pubs.”
The business partners were awarded the 2017 AHA Redeveloped Venue of the Year for the Rose Hotel and were runner-up in the 2019 WA Heritage Awards Conservation or Adaptive Reuse of a State Registered Place for the Exchange Hotel.
Subiaco Mayor Penny Taylor said the City was excited to welcome the new owners of the community’s beloved heritage-listed Subiaco Hotel.
“This sale is another sign of business confidence in Subiaco,” she said.