Australian Venue Co has announced its acquisition of the newly-sold Apollo Bay Hotel, on Victoria’s famous Great Ocean Road. Following the $10.5 million sale last week to an unnamed Victorian publican, AVC has entered an exclusivity agreement with the freeholder for the leasehold operation, with settlement expected in the coming months. Serving the community since […]
Developer Adam Hammond is offering up a lease at his new Byron Bay project, next door to the famous Beach Hotel. Wielding plans to demolish the existing Bay Motel, at 12 Bay Street, a new multi-level structure will encompass a pub-style hospitality venue on approximately 400sqm of internal area, and “as much outdoor seating area
ARK Hospitality Group has announced it is the new owner of the celebrated Paddington Ale House. The sale represents the first time the Mount Hawthorn community landmark has changed hands in four decades. ARK is an award-winning, family-owned group that has been developing pubs for over 45 years and counts a stable of six in
A Melbourne-based company has listed its under-management Gracemere Hotel, in Sunshine State regional hotspot Rockhampton. The pub is set on 3,970sqm in a fast-growing urban area 10 kilometres from Rockhampton’s CBD, opposite the Woolworths-anchored Gracemere Shopping World shopping centre. It enjoys a catchment of around 13,500 local residents. The 1885-built Hotel is well-presented, said to
Tim Fallon’s newly-formed Lancer Group has fended off the competition to expand locally with acquisition of Gundagai’s Criterion Hotel. Gundagai is an iconic regional town, around halfway between Melbourne and Sydney, and home to the famous ‘Dog on the Tuckerbox’ statue. The Criterion is a striking, multi-level red brick building with Art Deco features, offering
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Hurley Hotel Group has announced plans to build the new $30 million Panorama Hotel, to replace its nearby, soon-to-be-acquired Tonsley Hotel. The greenfield Panorama pub is the plan to supersede the Tonsley, which is being taken by the South Australian Government as part of the North-South Corridor project. The Group is looking to the 3.4-Ha
The Laundy family have furthered their coastal acquisitions and partnership model, buying the Mercure Centro Hotel with Mr Port Macquarie, Alistair Flower, for around $25 million. Rated 4.5-star, the five-level 72-room Hotel is in the heart of Port Macquarie’s commercial, retail and entertainment precincts, offering broad facilities including an extensive restaurant and bar, swimming pool
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The appetite for coastal pubs continues unabated with sale of Victoria’s iconic Apollo Bay Hotel, south-west of Melbourne. The picturesque property came to market for the first time in over 30 years in February, offering the freehold title and a thriving business that has been recipient of numerous industry awards. Mere metres from the ocean
Local hotelier Simon Paterson is putting up the development opportunity of and around his high-performing pub, in booming Blacktown. The Town Tavern of Blacktown is a strong suburban business, listed in the Top100 of the Liquor & Gaming hierarchy of NSW pubs. Leveraging his lease on the Tavern, Paterson engineered options to purchase eight adjacent
Jon Adgemis’ Public Hospitality Group has taken the hand of the Lady Hampshire of Camperdown, for around $11 million. The Lady is a well-known landmark of the inner west, passed by thousands of cars each day on bustling Parramatta Road. It offers an old-school public bar, TAB, gaming room with nine EGMs, a large and
PUBLIC HOSPITALITY GROUP PICKS UP CAMPERDOWN’S LADY Read More »
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