Merivale has furthered its inner-west presence with the $22+ million purchase of APF’s Vic on the Park in Marrickville. John Singleton, Geoff Dixon and Mark Carnegie’s Australian Pub Fund (APF), backer to Riversdale, has been selling down its high-value portfolio, Vic on the Park representing the seventh sale, leaving just Balmain’s Unity Hall, and The […]
After “years of unsolicited approaches” Geoff Moulding is selling his big-potential Royal Hotel, overlooking Bondi Beach. The Royal is a Bondi Road staple, with a long history in local folklore and ownership. In 1907 the founding meeting of the historic Bondi Surf Bathers Life Saving Club took place at the Royal, and in 1966 it
BONDI’S ROYAL HOTEL SEEKS NEW OWNER AFTER 40 YEARS Read More »
A pub employee has been jailed for racking up almost $50,000 in debt on the hotel’s account, in a flurry of betting that “spiralled out of control”. The Geelong Advertiser reports the case of 28-year-old Jonathan Bush, appearing before Geelong Magistrate’s Courts on the charge of obtaining financial advantage by deception over a betting spree
PUB EMPLOYEE JAILED FOR BETTING SPREE AND $50k DEBT Read More »
The Marlow family has unveiled its big renovation of the landmark Crossroads Hotel, marking a new direction for the Casula pub. The Marlow Hotel Management Group (MHMG) has 11 venues across NSW and Queensland, including the large-format Crossroads Hotel in Sydney’s south-west, just 35 kilometres from the CBD. Recognising the shifting demographic and increasing population
MARLOW GROUP STEER CROSSROADS HOTEL NEW DIRECTION Read More »
The leading brand of the world’s most consumed spirit is looking for Australian bartenders to enter this year’s Enter The Dragon ‘Cocktail Combat Competition’. Baijiu (pronounced “Bye-Joe”) is a traditional Chinese alcoholic drink that is its own category, like rum or whisky. While not widely drunk in Australia, it is in fact the highest consumed
WORLD’S MOST CONSUMED SPIRIT AUSSIE BARTENDER COMP Read More »
Private family operators have put to market their Blue Mountains pubs the Katoomba and Alexandra Hotels, as they look to retirement. The Katoomba Hotel was first built in 1881, and the current structure in 1918. It thrived during the area’s boom in tourism during the latter half of the 20th century, being just over 100
The freehold interest of the Royal Hotel in Sunbury has come to market, with a coveted lease to Australia’s biggest publican, ALH, and land bank just forty kilometres from the CBD. The Royal Hotel is triple-net leased to Australian Leisure & Hospitality (ALH) for 51 years including options, drawing annual rent around $367k, with built-in
ROYAL HOTEL SUNBURY INVESTMENT WITH 51-YEAR LEASE TO ALH Read More »
South Melbourne’s historic Water Rat Hotel is on the market, with a short lease and favourable zoning and development potential on the 1858 property. Druids Hotel was the original to open on the prominent corner of Park and Moray Streets, later becoming the Freemason’s Hotel, and since 1991 the Water Rat Hotel, following a major
Famed authority on the Melbourne Cup, Max Hitchins, was also the former proprietor of Bondi Junction’s iconic Billy the Pig’s, which won every year, courtesy of its dedication to the race that stops the nation. Hitchins – known in certain circles as Melbourne Cup Max for his in-depth knowledge of the big event, able to
In a market probing for opportunity, Australia’s biggest pub landlord is testing the waters with one of its prized ALH-leased properties, Paddington’s Berwick Hotel. The ASX-listed ALE (ASX: LEP) holds a portfolio of 86 properties across the five mainland States, exclusively leased to Australian Leisure & Hospitality (ALH). The combined value of the portfolio tops
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