Since 2012, Young Henry’s Brewery has made its home in a rented Newtown warehouse, becoming a bar landmark, while the brewery’s trademark Newtowner pale ale is a common sight in pubs around the city.

Prime Minister Anthony Albanese and his fiancee Jodie Haydon went there on their first date.

But now, the Inner West Council is considering a proposal that could send the iconic brewery looking for a new home.

The proposal, which was lodged in May and has not been approved, would see the brewery demolished and replaced with a six-storey unit block.

Speaking on Today, Young Henry’s co-founders Oscar McMahon and Dan Hampton admitted to mixed feelings.

“It sort of makes sense, right,” McMahon said.

“The Inner West is a vibrant and attractive area and it needs housing. Still, that means we’re looking for a new home.”

McMahon said they had been talking to the landlord for some months now and were aware of their plans to turn the building into housing.

“While there’s optimism for the future, it also is disruptive,” McMahon said.

“And you know, we’ve built a really beautiful cultural business there.”

Co-founder Dan Hampton said Young Henry’s would remain a part of the local scene.

”We’ll always be part of Newtown. Our main beer is the Newtowner,” he said.

“So the fans and community need to know that we’re sticking around.”