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Australian Venue Co. / leasehold and certain other assets of Quay Restaurant, Sydney

Approved · Waiver · decided in 13 days, 9 Feb 2026

Hospitality & LeisureWA-25005ACCC register

AVC Operations Pty Limited, a subsidiary of Australian Venue Co. Holdings Limited, is acquiring the leasehold, liquor licence, and certain plant and equipment of Quay Restaurant from Q.R.A. Pty Limited. This asset acquisition in the hospitality sector involves a Sydney harbourfront fine dining location, expanding Australian Venue Co.'s licensed venue portfolio.

Timeline

  1. 27 Jan 2026Filed with the ACCC
  2. 9 Feb 2026Notification waiver determination publishedPDF · 178.8 KB

Acquisition details

AVC Operations Pty Limited ( AVC ) proposes to acquire a leasehold (via lease assignment), the benefit of a liquor licence and certain plant and equipment (with certain exclusions) of Quay Restaurant ( Quay ) from Q.R.A. Pty Limited (the Acquisition ). The Vendor will not transfer the existing business of Quay to AVC, only the specific assets mentioned above. AVC is a subsidiary of Australian Venue Co. Holdings Limited which operates licensed venues throughout Australia and New Zealand, primarily pubs, as well as bars, clubs and licensed restaurants. AVC's venues are individually branded and mostly located in inner-city and metro areas, offering food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities. Quay is situated on the Sydney harbourfront at Tenancy 6, Upper Level, Overseas Passenger Terminal, The Rocks. Quay Restaurant offers fine dining with views of the Sydney Opera House and Harbour Bridge.

Parties

Acquirer
AVC OPERATIONS PTY LIMITED ABN - 81 607 832 299, Australian Venue Co. Holdings Limited ABN - 90 619 977 070
Target
Q.R.A. PTY LIMITED ABN - 62 051 433 839
ANZSIC
  • 4511 Cafes and Restaurants
  • 4520 Pubs, Taverns and Bars

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