Hotel Lindrum to be sold
The former Lindrum Billiard Centre – built in the 1920s by Walter Lindrum and later converted into offices, then a hotel, will be offered for sale next month.
Vendor CBus can expect to pocket c$20 million.
The five level red brick structure at 26 Flinders Street, near the corner of Spring, was developed at the peak of the sportsman’s multi-award winning career as a lounge bar.
In the late 1990s, it became Hotel Lindrum, with 59 luxury suites, ground floor bar and restaurant – and a billiard room.
Cbus inherited the property in 1999 after splitting with business partner, private investor David Marriner, who was responsible for the guesthouse conversion.