The historic, "iconic" and allegedly haunted Mount Kembla Village Hotel has been listed for sale.
The Blackburns purchased the hotel in October 2007 from Nick Whitlam, the son of former Prime Minister Gough Whitlam.
Licencee Daine Blackburn described the heritage-listed venue, established in 1898, as "an iconic hotel within the Wollongong region".
"She's a good little pub," he said.
"It's an Aussie pub, and there's not many pubs left that have retained the heritage and the old-world charm that this one has."
Mr Blackburn said the pub was in need of plenty of work when they purchased it.
"We've done a lot of work on it over the past 11 years," he said. "This is the second time we've restored the hotel.
"We gave it a fresh coat of paint, a new roof, it's got a beer garden, covered courtyard, and everything in the upstairs residence has been fully restored, all in keeping with the heritage of the building."
Mr Blackburn said the venue served a key role.
"We've got a good bunch of local clientele that is very loyal in its following, and it plays a big time part within its community," he said.
"It's on a tourist route, so we definitely see a mixture of trade from locals, people from neighbouring suburbs and people on day trips."
Mr Blackburn said it was "just our time to move on".
"We've been here for 11 years, and as a family we're in a position where we've built the hotel up to what it is today," he said.
"It's been fully restored and managed by us, and we'd like to be in a position to move on to other things."
The selling agents are Knight Frank's Mike Wheatley and Kate MacDonald.
Price on application.
Last year, a ghost story helped the hotel make the cut for a book titled Historic Pubs NSW.
Legend has it, the cellar of the pub is haunted by the ghost of Michael Brennan – his was the only body not recovered after the 1902 Mt Kembla mining disaster.
"I'm yet to see him, but there's definitely plenty of people who believe he's here," Mr Blackburn said of the ghost.