John Singleton sells Bondi Icebergs dining lease for $15m

Bondi Icebergs restaurant and bar has hosted royalty, from Princess Mary of Denmark to Oprah Winfrey, however proprietor John Singleton has determined he needs out.

The businessman secured $15 million for the leasehold of the well-known degree three eatery. Overlooking Bondi Beach, the Iceberg Dining Room and Bar was saved by Mr Singleton within the late 1990s and reworked into one of many nation’s iconic locations to go to and be seen.

John Singleton sells the iconic Icebergs Dining and Bar.

John Singleton sells the long-lasting Icebergs Dining and Bar.

Photo: provided

The personal Melbourne-based O’Brien Group, the nation’s largest privately owned hospitality, leisure and leisure firm, was the customer. It owns and function stadiums together with O’Brien Group Arena at Melbourne’s Docklands, Suncorp Stadium, Brisbane and Eden Park, Auckland, in addition to a variety of pubs.

It was stated the consumers beat out a variety of events for the venue, which occupies the highest flooring of the constructing.

Mr Singleton, who has been promoting down the pub portfolio he owns with former Qantas chief government Geoff Dixon and Mark Carnegie over the previous three years, nonetheless has a lease over all the property, constructed on crown land, till 2042.

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