Chris Morris’ Colonial Leisure Group has added to the property portfolio with the freehold of its Lucky Coq in Windsor. CLG operates 10 venues across Victoria, and around the same number again across several other states. It has occupied the Lucky Coq, on the corner of Chapel and High Street, since 2009, on a lease […]
Family-owned Matthews Hospitality is expanding in its heartland with purchase of Bentleys Hotel, in South Australia’s Clare Valley. Matthews is one of South Australia’s largest family-owned hotel groups, having owned, operated and sold a total of 36 hotel licences and freeholds over the years since its inception during World War II by Seymour and Doris
Following heated weekend negotiations, it has been announced Damien Kelly’s Rose & Crown Hotel Parramatta and Corrimal Hotel of Wollongong have sold for a combined $74.5 million. The properties went to market in January, under direction from Wexted Advisors, as the first tranche of assets to be divested out of Kelly’s troubled Pub Invest portfolio.
KELLY’S ROSE & CROWN AND CORRIMAL SOLD AFTER HOT PURSUIT Read More »
Jaz Mooney has listed Brisbane landmark The Normanby Hotel, offering either the freehold going concern or leasehold on the Sunshine State icon. Built in 1890 on Red Hill, the multi-level Normanby is one of the city’s oldest and most beloved pubs. In 1992 it was added to the Heritage Register. For years its boisterous ‘Sunday
JAZ MOONEY PARTING WITH BRISBANE ICON THE NORMANBY Read More »
The large-format Thomas Blamey Tavern in the Riverina has been sold to a consortium led by publican Lee Green. Occupying a 6,110sqm site in Wagga Wagga, one of the state’s premium regional precincts, and only a couple of blocks from popular recreational area Lake Albert, the big pub offers public bar, bistro, sports bar with
GREEN CONSORTIUM SNAPS UP BIG-TICKET THOMAS BLAMEY Read More »
The Beachfront Hotel in Darwin is being sold by NT icon Doug Sallis, representing the first freehold going concern sale in many years. Occupying a massive 7,000sqm site, it is close to the CBD, Hospital and the Territory’s largest retail centre – Casuarina Square – in what is deemed one of Australia’s fastest-growing urban regions.
Hospitality giants the Comiskey Group, producers of two of Australia’s largest pubs, have announced the start to and a partnership with their new venue, The Doonan. The Queensland family-owned company has been widely acclaimed for its creation and operation of the huge Eatons Hill Hotel, and sprawling Sandstone Point Hotel, injecting $200 million into the
A passive investor has put to market suburban stalwart the Oonoonba Hotel of Townsville, offering oodles of upside in the thriving community. Established in 1963, the pub occupies an expansive 3,739sqm corner lot with double street frontage, six kilometres from the Townsville CBD and close to shopping centres, schools, and local residential developments Fairfield Waters
Australia’s largest publican, the ASX-listed Endeavour Group, aka ALH, reported mixed financial results this week, prompting a share price surge. Representing the milestone of its first full financial reporting period since listing, Endeavour (ASX:EDV) has both benefitted and suffered at the hands of the COVID pandemic. The announcement Monday cited its hotel operations, a portfolio
ENDEAVOUR POSTS STRONG RESULTS DESPITE LAGGING PUBS PORTFOLIO Read More »
Wielding an approved DA, Andrew Lazarus is offering up the renovation-ready Beach Hotel on Merewether Beach, in Newcastle. The large-format Hotel resides on a picture perfect 1850sqm site with panoramic views of Merewether Beach – the home to Australia’s largest surf carnival, Surfest Newcastle – and just three kilometres from the heart of Newcastle. The
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