Clyde Mooney, Author at PubTIC

BONDI’S ROYAL HOTEL SEEKS NEW OWNER AFTER 40 YEARS

Posted on October 11th, 2017 by Clyde Mooney

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

PUB EMPLOYEE JAILED FOR BETTING SPREE AND $50k DEBT

Posted on October 11th, 2017 by Clyde Mooney

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

MARLOW GROUP STEER CROSSROADS HOTEL NEW DIRECTION

Posted on October 11th, 2017 by Clyde Mooney

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

WORLD’S MOST CONSUMED SPIRIT AUSSIE BARTENDER COMP

Posted on October 11th, 2017 by Clyde Mooney

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

BLUE MOUNTAINS PORTFOLIO FOR SALE

Posted on October 9th, 2017 by Clyde Mooney

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

ROYAL HOTEL SUNBURY INVESTMENT WITH 51-YEAR LEASE TO ALH

Posted on October 9th, 2017 by Clyde Mooney

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

SOUTH MELBOURNE’S HISTORIC WATER RAT TO MARKET

Posted on October 9th, 2017 by Clyde Mooney

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,

HOW PUBS WIN BIG ON THE CUP: MELBOURNE CUP MAX

Posted on October 9th, 2017 by Clyde Mooney

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

ALE TESTS MARKET WITH BERWICK

Posted on October 6th, 2017 by Clyde Mooney

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,

SCHWARTZ PUTS UP $80m OF MELBOURNE HOTELS

Posted on October 6th, 2017 by Clyde Mooney

The Schwartz family has listed two big Melbourne investment properties, including the city’s oldest pub – Dixon Hospitality Group’s Duke of Wellington. Melbourne freeholds continue to lead the charge on yield benchmarks, averaging below six per cent and dipping below