Melbourne-based Black Rhino Group has taken another run at South Australian potential, buying all three pubs in the Copper Coast town of Moonta. Found around 160 kilometres north-west of Adelaide, Moonta is a community of over 4,000 people and one of three towns known as the Copper Coast, or ‘Little Cornwall’, in a nod to […]
Justin Hemmes has furthered his push south, buying one of Narooma’s oldest and most historic buildings, Lynch’s Hotel. Located on a 2,300sqm site in Narooma’s town centre, the Hotel features a classic bar, a casual restaurant with indoor and outdoor dining areas, and traditional pub-style hotel rooms with common amenities. “Every great town needs a
The stoic and enigmatic Captains Flat Hotel of Captains Flat has sold to first-timers, local family the Durrs. The very large-format pub was built c.1937, occupying a 2,024sqm block and the only Hotel in Captains Flat – an historic township south-east of the heart of Canberra. It came about at a time when the town
The long-standing Hakfoort Group has sold its iconic Redbrick Hotel in Woolloongabba to pub royalty the Mathieson family. The heritage-listed Victorian-era Hotel was built in 1890 for Thomas Burke, who remained owner and proprietor until 1899. Several owners followed before it was renamed ‘Burke’s Hotel’ in the 1980s in his honour. For many years it
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 »
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 »
One of Victoria’s oldest inns, the stately Elephant Bridge Hotel, has sold to a prominent farming family, who bring plans to reinvigorate the recently restored pub into the community. This historic two-storey bluestone establishment is described as “one of regional Victoria’s best restored and elegant” hotels. Built circa 1842 it still operates under its original
Investors and hoteliers are pushing top-dollar prices for strong assets in regional hot-spots, as hungry capital eyes the booming Australian hotel market. The freehold has been sold of the Grand Hotel in Armidale – a major locality in the New England region, with a population of circa 25,000. Built in 1921, the prominent brick Hotel
REGIONAL CENTRES ON FIRE AS HOT MARKET EYES THE BUSH Read More »
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