Matt Moran and business partner Bruce Solomon have bought Newtown’s The Marlborough Hotel.
The Newtown favourite, affectionately called The Marly, went on the market in February for a cool $35 million and reportedly sold for just under that figure. The sellers, Geoff Dixon and John Singleton of the Riversdale Group, made a profit of $20 million – they bought The Marly in 2012 for $12.2 million.
There is no news yet on whether or not the pair will make changes to the pub.
Updates to come.