Sydney Seaplanes and Empire Lounge Sold as Rose Bay Revamp Takes Off

Hotel and hospitality entrepreneur Dr Jerry Schwartz has acquired full ownership of Sydney Seaplanes and the Empire Lounge in Rose Bay, a move aimed at revitalising the precinct into a premier tourism and hospitality hub. 



This acquisition places Dr Schwartz in direct competition with industry heavyweights Justin Hemmes’ Merivale and Judy McMahon’s Catalina, both key players in Sydney’s luxury dining and entertainment scene.

Scenic flights from Rose Bay.
Photo Credit: Sydney Seaplanes

A Rich Aviation History Revived

Rose Bay has long been synonymous with Australia’s seaplane heritage, dating back to 1938 when it served as the arrival point for Qantas’ international flying boats on the iconic Kangaroo Route. Over the decades, the area has evolved into a major destination for scenic flights and high-end waterfront dining.

Dr Schwartz, already a one-third stakeholder in Sydney Seaplanes for the past five years, decided to acquire full ownership to implement broader changes. Under his leadership, the company is set to expand its fleet from three to five aircraft, including an additional de Havilland DHC-2 Beaver currently undergoing modifications.

Sydney Seaplanes
Photo Credit: Sydney Seaplanes

Sydney Seaplanes Lounge: A Culinary Transformation

The waterfront Empire Lounge will be rebranded as the Sydney Seaplanes Lounge, offering a modern Australian seafood-focused menu led by new Head Chef Natali Mikailoğlu. With experience at Rockpool, Merivale, and The Boathouse Group, Chef Mikailoğlu has curated a menu featuring:

  • Thai-style barramundi curry
  • Mediterranean pan-fried snapper 
  • Seafood spaghetti with calamari, mussels, and prawns
Empire Lounge
Photo Credit: Empire Lounge

The restaurant, originally designed as a luxury waiting lounge for seaplane travellers, will now serve as a standalone destination for premium dining, events, and waterfront entertainment.

Competition Heats Up in Rose Bay’s Hospitality Scene

Dr Schwartz’s expansion puts him in direct competition with Justin Hemmes’ Merivale Group, which is set to take over RSL Club Rose Bay, as well as the iconic Catalina restaurant, a long-time staple in Sydney’s fine dining landscape.

Dr Schwartz expressed a positive outlook on the increasing competition in Rose Bay, stating that rival developments contribute to overall improvement and growth in the area. 

Waterfront dining at Rose Bay.
Photo Credit: Empire Lounge

He acknowledged Justin Hemmes’ acquisition of Club Rose Bay and the longstanding presence of Catalina, highlighting that their combined influence helps establish Rose Bay as a premier hospitality precinct. 

Future Expansion and Regional Connectivity

Beyond the hospitality revamp, Dr Schwartz has ambitious plans to expand Sydney Seaplanes’ flight operations, adding routes to Wollongong and Newcastle. These additions will increase connectivity between Sydney and regional destinations while reinforcing Rose Bay’s status as an aviation hub.



With investments in both aviation and dining, Dr Schwartz aims to enhance the suburb’s appeal as a premier leisure and tourism destination, combining scenic flights with world-class waterfront experiences.

Published 15-Feb-2025

Why Catalina Is Still the Most Popular Restaurant in Rose Bay After 20 Years

Catalina is an iconic Sydney restaurant. That is simply an indisputable fact. Built in Rose Bay in the mid-90s as a family-managed establishment, this harbourside spot has been a big part of the dining experience of many Sydneysiders.

Locals love hosting events like weddings, birthdays, reunions, and other milestones at the Catalina because of its spectacular food choices. The restaurant’s specialty is seafood but the menu is a mix of French, Italian, Mediterranean and Spanish influences served by head chef Max Axisa.

Photo Credit: Catalina Rose Bay/Facebook

The best seats in Catalina are by the deck, where diners can watch planes fly or enjoy the night lights twinkling in the water as they eat their food. Prior reservations are recommended since this area can easily fill up during lunch and dinner.



The panoramic water view makes dining at the Catalina by the deck is a relaxing and pleasurable experience even when it’s filled with people. If you have guests from out of town and you’d like to show off the beauty of Sydney, then taking them to this restaurant and asking for a seat by the deck would be a perfect idea.

Photo Credit: Catalina Rose Bay/Facebook

Those who prefer to be seated inside will find no shortage of views too, thanks to the wide windows providing great vantage points of the water.

Photo Credit: Catalina Rose Bay/Facebook

Waiters and service staff at the Catalina are instructed to treat every guest with the highest regard, maintaining the best standards that the restaurant is known for.  

This restaurant is one of the very few food places in Sydney that still has crisp white table cloths. Owner Michael McMahon believes that the Catalina doesn’t have to be trendy and casual like many new restaurants. Instead, he wants to maintain Catalina as the place where grown-ups eat great food.  



“A wonderful afternoon spent here with girlfriends. The food and service was brilliant – not to mention the location & view. We didn’t feel at all rushed and had a relaxing experience.”

~ Simone Elsden, via The Fork

“Wowwww, I was not expecting the food here to be that great but I was definitely pleasantly surprised. I ordered the scallops for entree, which were perfectly cooked and the sauce underneath was honestly great. For main, I ordered the toothfish with shiitake mushroom dumplings in a dashi broth. Oh my – a dish that is very well thought out, with all the flavours/ingredients complementing each other perfectly. Everyone on the table had food envy for my dish (just quietly). Unfortunately, I had no room for dessert today, but the menu had so many great options, so I will definitely be back soon to try them out! The wait staff was great – very friendly, accommodating and speedy. A fantastic lunch!”

~ TheHappyMedium, via Zomato

“Wonderful in every respect. Food, friendly service, wine, harbour view, desserts, people-watching, coffee. White tablecloths, smart casual dress code. Highly recommended.”

~ Ian Ferris, via Delicious

This family-friendly restaurant is open daily at 12:00 noon and for dinners at 6:00 p.m. from Mondays through Saturdays.