WITHOUT RESERVE

The Oaks Hotel in Neutral Bay is undergoing a $4 million renovation funded by owner Andrew Thomas and designed by Paul Kelly. The refurbishment of the 128‑year‑old pub includes a new-look bar with a “meatorium” and an in-house butcher to offer traditional cook‑your‑own steak experiences.

The article says the refurbishment responds to rising demand for hotels that offer more than drinks, poker machines and a TV screen. Operators are adding food and lifestyle experiences to attract customers and stay competitive.

More than $200 million worth of pubs have changed ownership in the past year. For everyday investors, that level of turnover signals active interest in hospitality assets and a market where owners are repositioning venues to meet new customer preferences.

The article notes the new-look bar will include a “meatorium” (pictured) alongside an in‑house butcher offering cook‑your‑own steaks. It’s presented as part of a food-focused approach to differentiate the venue and deliver a hands‑on dining experience.

The Property Industry Foundation’s annual charity ball will be held on August 2 at the Hilton Sydney. This year’s black‑tie event is an Italian masquerade and is sponsored by Ganellen.

The foundation hopes to raise $200,000 at the ball for homeless youth through its PIF House initiative, which partners with various councils to provide housing support.

PIF House is an initiative of the Property Industry Foundation. The inaugural PIF House opened last year in Redfern in a property provided by the City of Sydney and now features eight bedrooms, two communal bathrooms, four living areas and a courtyard to support homeless youth.

More than 500 property and construction leaders are slated to attend the Ganellen‑sponsored event. For property investors and industry participants, the ball offers a chance to connect with peers while supporting a high‑profile charity initiative.