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Dispute over loan clouds future for South Bondi Hotel after $60m deal

The Australian Financial Review (AFR) •
November 03, 2026 • 06:00 PM
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The new owners of the venue, once part of pubs empire assembled by bankrupt publican Jon Adgemis, face court action from one of their Singaporean lenders.

Dispute over loan clouds future for South Bondi Hotel after $60m deal

Lenders to the new owners of Sydney’s South Bondi Hotel have asked the Supreme Court of NSW to appoint receivers to sell the property as a financial dispute over the shuttered venue – previously home to Noah’s Backpackers – deepens.

The stand-off adds further uncertainty to the future of the Bondi Beach venue, which has been closed for several years and was once part of the pubs empire assembled by bankrupt publican Jon Adgemis.

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