The Thomas family’s landmark Premier Hotel is battling to get approval for a ground-up overhaul that would see a major mixed-use development on the prominent Nineways intersection at Broadmeadow. An application lodged with City of Newcastle proposed a $34 million plan to demolish the existing structure and build an eight-storey tower containing 48 apartments, 16 […]
The big Newmarket Hotel is new to market, representing a picturesque canvas in the centre of thriving Townsville. Situated on a prime corner site, the pub is close to popular attractions, major transport links and commercial establishments. It is within walking distance of the CBD and late-night precinct, surrounded by planned residential and commercial developments,
The handsome Tottenham Hotel in ‘The Soul of the Centre’ is being sold, offering an entry level going concern opportunity. A classic two-storey corner pub with full wrap-around veranda, construction on the hotel was completed in 1931. It resides on a sizeable 2,023sqm lot and lays claim to being the only licensed hotel in town.
The finance landscape in the pub industry is under pressure, as businesses continue to find their feet following the pandemic and the fallout from high interest rates takes its toll. Most instances of loans issued to a pub will involve bank covenant reporting imposed on the borrower. There are variations of commercial loan products, and
Publican-developer Iris Capital has won approval on appeal for its plans to reimagine the Ibis Budget Hotel in Wentworthville into an expanded pub hotel facility. Located on a busy corner of the Great Western Highway, close to the Cumberland Highway, the site is also well serviced by public transport facilities and buses to the area.
Kelly & Co Hotels has divested the “opportunity-laden” Corindi Beach Hotel on the NSW Coffs Coast to honed local Harry Barry. Originally known as the Amble Inn, the large-format pub sits on an enormous 16,120sqm site and includes public bar, kitchen and bistro, gaming room with 12 EGMs and a popular bottleshop that is the
The Dennis family has offered up their big, long-held Australian Hotel in Nowra, anticipated to be one of the south-coast region’s most keenly contested sale campaigns. Located on a 2,665sqm site in the heart of the Nowra CBD, the pub is one of only two on the northern side of the Shoalhaven River. It adjoins an
For the first time in decades, the Railway Hotel in Windsor has been listed for sale, offering genuine upside in a growth corridor. A classic corner pub, the two-storey Railway is at the gateway to the Windsor retail and commercial precinct, unsurprisingly adjacent to the train station, and council car parking. It includes a bar,
Iris Capital is executing plans for a massive $77 million redevelopment of The Palms at Chullora, adding residential buildings and commercial space. Plans were lodged with Canterbury-Bankstown Council for the mixed-use project on The Palms’ 11,744sqm site on the Hume Highway, slated for construction in three stages. The existing Palms is a two-storey suburban pub,
The re-stapled business and title of the seaside Dingo Beach Hotel is off the leash for the first time in many years, representing a rare slice of paradise. The pub is located in Queensland’s idyllic Whitsundays region, around 40 minutes north-west of bustling Airlie Beach, with the world-renowned Great Barrier Reef offshore. Holding a 2,884sqm
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