Australian Venue Co (AVC) has acquired Brisbane pub The Boundary, adding the iconic West End venue to its portfolio of over 90 pubs in Queensland.
AVC said it will continue to operate The Boundary as usual following the acquisition earlier this week and that the group will continue to employ all venue staff.
Australian Venue Co CEO Paul Waterson said the acquisitions reflect the group’s strong track record of operating venues in Queensland and its confidence in the Sunshine State’s hospitality outlook.
“We’re very at home in Queensland,” Waterson said. “We have a large operations and corporate team based in Brisbane and will continue to invest in the State. The Boundary is one of the best-known pubs in Brisbane, so we’re delighted to add it to a stable alongside our other iconic venues in the city. Brisbane’s future is bright.”
AVC has been operating in Queensland since 2017 and in 2019 acquired Spirit Hotels’ 88 venues across the state. In addition the group has invested heavily in its venues across Queensland with a number of multi-million dollar renovations, several of which are currently underway.
The Boundary is an iconic venue in Brisbane’s West End, having been established in 1864 and getting a new lease of life in 2018 after a major renovation by KP Architects.
A spokesperson for The Boundary said: “As only the third freehold owner of the Boundary since 1864, it has been a privilege, and although we as publicans run the hotel over the years we are really just custodians trying to offer the best we can.
“The hotel has got its own character, and years of history making it unique. As the outgoing hotelier I feel very confident AVC will continue to deliver great hospitality, and lastly on behalf of the Macleod family I would like to thank the amazing staff and local community for their support.”
AVC and its joint venture Queensland Venue Co currently operate more than 90 venues in Queensland, including The Regatta, Fridays Riverside, Riverland, Crown Hotel in Lutwyche and The Wallaby Hotel on the Gold Coast.