Property

BLACK RHINO BACKS UP IN THE SUNSHINE STATE

Dave Tomsic’s Black Rhino Group has continued its run into Queensland, picking up Irvin Hotels’ long-held Overlander Hotel in Mount Isa. Set on a large-format site on main drag Marian Street through Mount Isa’s Townview, the pub counts 40 EGMs, and incorporates a big drive-through bottleshop and 20 motel rooms, with a generous car park. […]

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REDCAPE SELL-DOWN DROPS MT ANNAN IN S-W SYDNEY

High-flying pub group Redcape “continues momentum” in its recent divestment program, with the big-ticket sale of its prized Mount Annan Hotel to an established Sydney hotel family. Redcape de-listed from the ASX in September 2021, with shareholders hoping to achieve higher valuations and MA Financial retaining 39 per cent of the $1.4 billion portfolio. At

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