Interstate investors are divesting their long-held Railway Hotel in Marian, to focus closer to home. Located 28 kilometres from Mackay Airport, the Railway is the only hotel in the town of Marian, serving around 4,200 local residents and the broader Pioneer Valley, with its population of some 15,000 people. Within the Railway’s 1,586sqm site is […]
The Bayfield family is parting with their stately Light Brigade Hotel, as they head back to the beach. Standing like a sentinel at the highest point in Paddington-Woollahra since the 1880s, the three-level pub occupies a prominent position with two street frontages, on the corner of Oxford St and Jersey Rd. Beyond its proximity to
Harvest Hotels has consummated its new investment fund with purchase of the big-ticket Jerrabomberra Hotel, in red-hot Queanbeyan. Known locally as ‘The Jerra” the pub occupies a generous 2,759sqm opposite the Jerrabomberra Village Shopping Mall, providing sports bar, bistro, gaming room with 30 machines, and drive-through bottleshop. As an asset, the A-grade regional venue possesses
DB Pubs has consolidated its portfolio in New England with sale of the Royal Hotel Armidale to growing local hoteliers Tom and Harley Payne. Occupying a large 1,836sqm site on main drag Marsh Street, the two-storey Art Deco hotel holds a coveted late-trading 3am licence, providing public bar, sports bar and TAB, gaming room with
A recently renovated Haymarket landmark pitched to be the next big versatile hospitality venue in the city’s southern fringe, is being sold by a private investor. Constructed 1884, the multi-storey Goulburn St building was originally a barracks for the Salvation Army, before being transformed in the 1960s into the China Town Twin Cinema. Occupying a
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,
The Shorts have sold their idyllic and windswept Seabreeze Beach Hotel on the NSW mid-north coast to the growing Hunter group. The Short family have owned and operated the seaside pub at picturesque South West Rocks for over two decades, having purchased the title in 2001 for around $7 million. The large-format Hotel comprises state-of-the-art
After seven premium sales, high-profile pub operators Redcape have not ruled out further adjustments to the asset sheet. The Moelis-managed fund has continued its strategic divestment initiative, which sees another three this week, with Redcape saying all buyers were long-term industry participants, who have “been through the cycles and continue to see long term value
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