Union misses Carlton’s John Curtin Hotel

The John Curtin Hotel (marked) is 150 meters from the CBD.

An offshore developer has reportedly outbid a bid by Victoria’s labor movement for the historic John Curtin Hotel opposite Trades Hall in Carlton.

The pub and music venue at 27-31 Lygon Street on the southwest corner of Earl sold for an estimated price of over $5.5 million.

On a 335 square meter mixed-use zoned block, the property has been offered with a lease expiring in November.

The airspace above the 540 m² structure was promoted for its potential to make way for a tower of approximately nine levels.

It is understood that the new owner will retain the asset as an investment while advancing a mid-term residential redevelopment, but this could not be confirmed.

CBRE Alex Brierley, David Menty, Nathan Mufale and Matthew Georges represented the seller who shelled out $1 million in 2001 (story continues below).

The pub should be retained in any redevelopment.

After the John Curtin Hotel came on the market in February, a labor movement launched a campaign to secure it.

The Victorian National Trust has also decided to list the pub on the state heritage register, limiting its chances of being demolished.

More soon.

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