The tenants and landlord of the Austral Hotel are in an ongoing legal dispute over whether or not the operators can continue at their investment, after disputes over an alleged renewal agreement. In 2020 Brettski Stewart and Ian Stewart, cousins, entered an agreement for the lease of one of Adelaide’s most popular pubs – the […]
Aspiring hotelier Jon Adgemis has reportedly finally locked in the $400 million refinancing to save Public Hospitality Group, as lenders mandate management and a Masterchef joins the project. According to sources in finance, Deutsche Bank and other lenders have executed a refinancing deal on around two-dozen assets in the Public (PHG) portfolio. Deutsche was
Dave Tomic’s bellicose Black Rhino has chased down another prized local in Millicent, adding the Grand Hotel to the growing portfolio. The elegant two-storey Grand Hotel, built in 1900 in the Federation style from local sandstone, is the most recent hotel to inhabit the town, behind the only other two nearby pubs, the Somerset and
Chef Ryan Davey took out the winning title of the AHA South Australia’s Best Pub Burger 2024 amidst stiff competition from forty other venues. Davey, who was representing the Belgian Beer Café from Adelaide’s East End, won the final round with his Black Angus Wagyu burger. “I am very proud to win this award. I
AVC’s Middle Park Hotel is moving up, hurdling a protracted battle with locals in VCAT for expansion and a rooftop terrace in the ‘quaint’ central Melbourne precinct. National pub operator Australian Venue Co looked to undertake one of its signature refurbishments on the 134-year-old heritage-listed hotel. The redevelopment application looked to add bar and dining
Social drinkers across Australia brace for the year’s second tax hike on alcohol, as the ratcheting beer and spirit excise goes up again in August. The nation’s peak hospitality body is again protesting the “crippling tax” scheduled to increase 5 August, saying it is another blow for everyday people struggling with the rising cost of
Once a haven for the alternative live arts scene in Sydney, relocated and now closed for a decade, owners of the Leichhardt Hotel of Leichhardt are anticipating a comeback. The classic suburban pub was originally constructed in 1888, in the Victorian Filigree style, adorned with decorative cast iron balustrades and veranda. The original was demolished
A man has been arrested over the fire that tore into the accommodation area of the historic Oxford Hotel, which has been closed since late 2023 over a tenancy dispute. Around 7am on Saturday emergency services were summoned to the complex on O’Connell Street in North Adelaide, finding an established blaze that had begun in
Lancer Group’s Royal Hotel in regional hub Tumut is being sold with plenty of blue sky, as investor owners in Sydney look to consolidate. Residing on a substantial 3,250sqm, the Royal is a classic two-storey brick structure built in 1854, with a full-length balcony overlooking Tumut main drag Wynyard Street. The pub provides a large
Recent freehold sales in the Victorian capital signify the resurgence of activity in the market as sharp yields reflect both investor and industry interest. The freehold interest in the Cornerstone Hotel of Port Melbourne transacted in recent weeks at a confidence-inspiring yield of 4.50 per cent. Built 1860, the staunch two-storey Georgian brick pub reflects
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