On the Market

HIBERNATING PYRMONT PUB COULD AWAKEN AFTER DECADES

Posted on March 9th, 2016 by Clyde Mooney
What could be Sydney’s “most intriguing hotel” has been listed for sale, after laying dormant for 32 years. Located on a prominent corner on what was the last stop on the old tram line out of Sydney, the Terminus Hotel

MELBOURNE METROPOLITAN GEM HITS THE MARKET

Posted on March 9th, 2016 by Clyde Mooney
A high-profile Melbourne CBD freehold has hit the market, boasting a triple-frontage and big potential as a pub or mixed development. The historic Metropolitan Hotel is on the busy corner of William and Lonsdale Streets, opposite the Mint, and close

GALLAGHER PARTNERSHIP SELLING PJ’s LEICHHARDT

Posted on March 7th, 2016 by Clyde Mooney
The landmark PJ Gallagher’s Leichhardt has hit the market, as thirsty investors await the continuation of the 2015 bumper year in pub real estate. Prompted by their own craving for expansion, the partnership of Patrick Gallagher and Jack Daly have

SOLOTEL TO OFFLOAD ALBION HOTEL PARRAMATTA

Posted on February 15th, 2016 by Clyde Mooney
Solotel is executing another big-ticket sale and lease-back, divesting the dirt at its Albion Hotel in Parramatta amid booming opportunity. After 30 years owning the generous 3,000 m² block on George St, facing the Parramatta river, Bruce Solomon has put

MARKET SEES MELBA’S ON THE MARK

Posted on February 1st, 2016 by Clyde Mooney
A Sydney publican is divesting his booming Surfer’s Paradise pub, as Queensland hotel assets greet a thirsty 2016 market. George Fleming has owned Melba’s on the Park for a number of years, and following its massive reinvigoration has determined to

SURFAIR’S UP AS SUNSHINE PROPERTY GROWTH CONTINUES

Posted on January 29th, 2016 by Clyde Mooney
As the Sunshine State property market continues to heat up, the popular Surfair Beach Hotel is testing the waters. Like the other eastern States, Queensland is experiencing major development, particularly in areas that benefit from the booming tourism industry and

BIG BENDIGO LATE-TRADER SWANS ONTO MARKET

Posted on December 14th, 2015 by Clyde Mooney
A popular late-trader in thriving Bendigo has hit the market, as brother and sister owners call time on decades in hospitality. Andreas and Alysia Bazzani opened the Black Swan Hotel in 2001, which incorporates The Perch nightclub and The Icon

LANTERN FINE-TUNES WITH THREE PUB SALES

Posted on October 30th, 2015 by Clyde Mooney
The new board of Lantern Hotel Group has begun its portfolio shake-up, announcing the divestment of three “non-core” assets from its books. The ASX-listed Lantern (LTN) released news yesterday it would be selling three of its 17 pub assets, amid

NEWMARKET SALE OPENS DOOR TO MELBOURNE MARKET

Posted on October 26th, 2015 by Clyde Mooney
Just two months after the leasehold business was sold to the booming Dixon Hospitality, Gerry Ryan’s Melbourne pub group is offloading the Newmarket Hotel freehold. Situated on a generous 1,000 m² block in bustling St Kilda, the hotel underwent an

ICON ISLAND HOTEL SALE PROMPTS ‘FLOOD’

Posted on October 19th, 2015 by Clyde Mooney
The signature hotel of one of Queensland’s holiday meccas has hit the market, prompting a flood of enquiries from “everywhere”. Residing on a strip of sand in the Coral Sea, around 30 kilometres south-east of Brisbane, North Stradbroke Island is