Oscars Group buys Kinselas and Courthouse hotels for $54m
Real Commercial reports Oscars Group has bought Kinselas and The Courthouse Hotel at Taylor Square, Darlinghurst, from MA Financial's fund for about $54m.
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Oscars Group has bought the Kinselas Hotel and The Courthouse Hotel at Taylor Square, Darlinghurst (Sydney), Real Commercial reported on 12 November. The outlet puts the combined sale at $54 million and says it includes adjoining retail shops.
Why it matters
Real Commercial says the seller is MA Financial’s Taylor Square Fund and that JLL Hotels brokered the sale. It describes Oscars as one of the country’s largest privately owned hospitality groups, with more than 30 venues including the Kings Cross Hotel, plus the leasehold of the Luna Park harbourfront amusement precinct.
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The outlet reports that Oscars plans to fold the two hotels into its broader Sydney CBD and city fringe hotel portfolio as part of a strategic vision for Taylor Square. It does not describe any specific works, so there is no development application or construction timeline to report.
The article quotes a JLL Hotels director as saying pub hotels “deliver enviable cash flow growth when compared to many other real estate asset classes”. That is the broker’s view, reported by the outlet, and it is not independent market data.
The numbers
Per Real Commercial, the holding covers about 1,050 square metres in total, with frontages to Oxford Street, Bourke Street and Little Oxford Street. The article does not give separate site areas for each hotel.
The two venues together carry 43 electronic gaming machines, and the outlet describes them as gaming-entitled. It lists sports bars, function rooms, nightclub spaces and a bistro, along with 12 recently renovated accommodation rooms.
No yield is stated in the article, and it gives no settlement date. The $54 million is the outlet’s reported figure for the combined sale. We have not seen the contract or a transfer record, so we cannot confirm the price independently.
Real Commercial also reports that JLL says venues with gaming entitlements in tightly held, high-foot-traffic precincts such as Taylor Square still fetch premium prices. JLL also expects sector activity to be supported by demand from established pub groups and new entrants. Both statements are the broker’s, as relayed by the outlet.
What’s next
The article says Oscars intends to bring the sites into its Sydney hotel portfolio. It does not say whether the venues will keep trading under their current names, or whether any change to the buildings or licences is planned.
Real Commercial quotes MA Financial’s head of hospitality as saying the fund had come to its maturity. We have not read the fund documents, so that framing stays with the outlet.
For another recent commercial sale round-up, see our Launceston and Hobart commercial deals story.
Source: Real Commercial, published 12 November 2026.
Quick answers
Who bought the Kinselas and Courthouse hotels in Sydney, and for how much?
Real Commercial reports Oscars Group has bought Kinselas and The Courthouse Hotel at Taylor Square, Darlinghurst, from MA Financial's fund for about $54m.
What are the key numbers in this story?
reported price: $54m; combined site: 1,050sqm; gaming machines: 43.
Where does this information come from?
This story cites Real Commercial. Every source is linked on the page.
Sources
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Filed by the AusDev Sydney Desk. How we report.