Approved · Waiver · decided in 27 days, 30 Sept 2026
Australian Venue Co. subsidiary, AVC Operations Pty Limited, proposes to acquire substantially all assets of the Hervey Bay Hotel & Resort from Herbay Pty Ltd as trustee for The Herbay Trust. This asset sale involves a licensed hotel and resort venue in Pialba, Queensland, operating in the hospitality sector, including pubs, bars, and accommodation.
AVC Operations Pty Limited ( AVC ) proposes to acquire substantially all of the assets of the licensed hotel business trading as the Hervey Bay Hotel & Resort ( Hervey Bay Hotel ) from Herbay Pty Ltd as trustee for The Herbay Trust ( Vendor ), including the exclusive right to carry on the business in succession of the Vendor, under an Asset Sale Agreement (the Acquisition ). AVC is a subsidiary of Australian Venue Co. Holdings Limited which operates over 200 licensed venues throughout Australia and New Zealand; primarily pubs, as well as some bars, clubs and licensed restaurants, and hotel/motels with accommodation services. AVC's venues are individually branded and are mostly located in inner-city and metro areas, offering a range of products and services including food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities. Hervey Bay Hotel is a licensed hotel and resort venue located at 249 The Esplanade, Pialba, Queensland 4655. The venue is an Australian pub/hotel with a public bar, bistro, function and gaming rooms, and an attached bottle shop, with an additional accommodation offering of 26 motel rooms.