REDCAPE BOLSTERS COASTAL PORTFOLIO WITH CAVES BEACH

Redcape Hotel Group has gone coastal, acquiring Caves Coastal Bar & Bungalows in Lake Macquarie from the Gravanis brothers’ Oscars Hotels. Caves Beach Hotel resides on nearly a full hectare of unobstructed oceanfront in the popular and growing seaside precinct,

RSL RAMS HOME SALE TO HEMMES

RSL NSW has completed its $19 million “flash sale” of former sub-branch headquarters The Barracks to hospitality juggernaut Merivale – ahead of schedule – after a special resolution and new members’ voting rights nullified. The Barracks, at 5-7 Barrack St,

BILL YOUNG PLAYS TO EPPING GROWTH

Northern Sydney icon the Epping Hotel has been acquired by Wallaby-turned-leading hotelier Bill Young, looking to capitalise on its connectivity and potential in a growth corridor. The large-format pub is a landmark of the area, built in 1928. It holds

CITY VIEW LOOKS TO SALE REVIVAL

The historic former City View Hotel in south-west Brisbane is on offer with vacant land and a concept plan for an added motel development. The City View is a striking 118-year-old two-storey Federation-era brick structure on a high-profile 594sqm site

WALKERS STEP INTO NORTH SYDNEY LEGACY

North Shore landmark the North Sydney Hotel, aka Percy’s, has been sold by long-time owners the Davis’ to Kent Walker’s Lesday as the precinct approaches re-entry into the rugby league rodeo. Situated on upper Miller Street, across from North Sydney

ROCKLEA TO SHAKE UP BRISBANE MARKET

The large-format Rocklea Hotel is being sold by the Ingham Myers brothers, offering clear upside as Brisbane ramps up to its international spotlight in 2032. Established in 1874, the pub occupies a prominent 3,141sqm site on arterial Ipswich Road. It

TWO TOWNSVILLE SALES AND AN EXIT FOR REDCAPE

Redcape has further tweaked the portfolio, divesting two pubs in Townsville to the Queensland-based Falvey family as its rolls capital into upgrades and acquisitions where it sees its opportunity. The MA Financial hospitality fund has parted with the Hermit Park

AVC TAKES TWO IN THE SUNSHINE

Australian Venue Co has further consolidated its outlook in the Sunshine State, acquiring two prominent licensed venues from the same private operator. Both considered local landmarks, AVC is taking over operations at Bartlett’s Tavern in Rockhampton and the Black Nugget

RYAN LISTS BANKSIA IN BLOOM

Energised by the recent high-profile purchase of the Royal Oak in Sydney’s eastern suburbs, veteran hotelier Patrick Ryan has listed Top150 performer the Banksia Hotel, in Sydney’s south. The big Hotel occupies a prominent 1,037sqm corner on the arterial Princes

EVT PUTS UP CRICKETER’S ARMS

ASX-listed Entertainment Ventures is divesting its interest in the charming Royal Cricketer’s Arms in Prospect, putting up a lease with 27 years remaining. The two-storey Arms (RCA) was first licensed in 1880, serving patrons of the Blacktown region, offering “great