Victory Hotel Explained

The Victory Hotel
Address:127 Edward Street, Brisbane central business district
Coordinates:-27.4699°N 153.0287°W
Owner:Precision Group
Building Type:Hotel
Floor Area:924 m2

The Victory Hotel is a historic pub located on the corner of Edward and Charlotte Streets in the Brisbane central business district, Queensland, Australia. It was listed on the Brisbane Heritage Register in 2009.[1]

The hotel site totals 924 square metres and consists of two levels, incorporating six bars throughout the venue, lounge, deck, pool room, beer garden and gaming room.[2]

History

The Victory Hotel was built in 1855. It is the oldest surviving hotel in Brisbane's CBD . The hotel was previously known as the Prince of Wales Hotel and has been altered since that time, including the removal of its verandahs, but retains the main characteristics of a nineteenth century hotel, such as its prominent corner location.

The hotel was operated on a 20-year lease by Australian Leisure and Hospitality Group (ALH) from 2003 to 2023.

On 27 July 2008, the hotel was extensively damaged by fire, but was rebuilt to be close to its original form and opened again on 9 March 2009.[3] [4] [5]

The hotel was acquired by Precision Group for $22 million in 2005 from VH Partnership.[6]

In February 2023, the lessees ALH announced that they would cease trading at the hotel on Sunday 19 February 2023 as they would not be renewing their 20-year lease.[7] Precision Group expect the hotel will re-open in March 2023 with a new operator.[8]

External links

Notes and References

  1. 17 February 2023.
  2. News: Precision Group Snatches Victory in Brisbane. MacDermott. Kathy. 20 June 2005. The Australian Financial Review.
  3. Web site: Victory patrons call for rise from the ashes – Queensland – BrisbaneTimes. www.brisbanetimes.com.au. 13 August 2015.
  4. Web site: Fire-gutted Victory Hotel to reopen by Christmas. ABC News. 13 August 2015.
  5. Web site: Vic rises from the ashes – just the same as ever – Queensland – BrisbaneTimes. www.brisbanetimes.com.au. 13 August 2015.
  6. News: Wilson . Bob . 24 June 2005 . Precision wins Victory for $22m . 45 . Courier Mail.
  7. News: 2023-02-15 . Favourite Brisbane CBD pub and city icon set to close this weekend . en-AU . ABC News . 2023-02-17.
  8. News: 2023-02-16 . Brisbane's Victory Hotel to continue its 168-year reign with new operator from March . en-AU . ABC News . 2023-02-17.