Real Estate

SALE ON FOR MITCHELL RIVER TAVERN

Posted on June 10th, 2020 by Clyde Mooney
The Mitchell River Tavern in Bairnsdale is being sold as a freehold going concern, as the long-time owner of the pub under management determines it is time to move on. The Victorian-era two-storey Tavern is located a stone’s throw from

FITZROY FGC GOES TO EXPANDING NEW LOCAL

Posted on June 3rd, 2020 by Clyde Mooney
Luke Ainscough has expanded his Windsor region collection, taking the re-stapled freehold going concern of the well-known Fitzroy Hotel. The Fitzroy was established around 1852 on a generous 1,319sqm site in the heart of Windsor’s retail and commercial zone. The

BRIGHTON IN NEW HANDS AGAIN

Posted on June 3rd, 2020 by Clyde Mooney
The Brighton Hotel in Mandurah has kick-started real estate transactions again in Western Australia, selling to a local syndicate and operators as the State’s pubs reopen this week. Mandurah is WA’s largest regional city, found around 70 kilometres south of

REILLY PUTS HENSON OUT TO DORE

Posted on May 29th, 2020 by Clyde Mooney
Inner west legend Ray Reilly has done a deal to divest his ‘ray of sunshine’ The Henson, passing his beloved baton to long-time cohort Ged Dore as part of a new partnership. The pub, previously known as the Henson Park

MALONEY LISTS ST JAMES FREEHOLD

Posted on May 18th, 2020 by Clyde Mooney
Publican Kim Maloney OAM has listed two freehold assets in Sydney’s CBD, behind and above his St James Hotel, with sources suggesting market expectations circa $60 million. The long-time publican and son of industry legend Cyril Maloney bought the freehold

CONTI SOLD AGAIN TO ANOTHER DEVELOPER

Posted on May 15th, 2020 by Clyde Mooney
The heartbreaking saga of the restoration of Sorrento’s magnificent Continental Hotel has reached another milestone, with prominent Melbourne developer Trenerry Property Group ready to settle on the latest deal. Bought years ago by Melbourne hotelier Julian Gerner, the four-storey limestone

LAUNDY REVIVING PENRITH’S LOG CABIN

Posted on April 29th, 2020 by Clyde Mooney
While venues across the country languish under the weight of a pandemic, Arthur Laundy is busy building for a new era, announcing major plans for the reinvented former Log Cabin Hotel in Penrith. The revival of one of Penrith’s best-loved

CRESCENT HEAD ON THE BLOCK

Posted on April 24th, 2020 by Clyde Mooney
The Gunns have announced the listing of their large-format Tavern of Crescent Head, offering a strong business and opportunity ready to capitalise on the reopening honeymoon. Darren and Hanh Gunn bought the business in 2011, bringing along their two-year-old son

CROOKWELL HOTEL SOLD

Posted on April 17th, 2020 by Clyde Mooney
Amid an historically quiet time in the pub game, Deborah Lang and David Kelly have taken the plunge with acquisition of the Crookwell Hotel in the NSW southern tablelands. The Victorian two-storey pub was built 1884 on a 2,183sqm corner

AVC HALTS DEAL TO BUY SAND HILL ROAD PORTFOLIO

Posted on April 15th, 2020 by Clyde Mooney
The nine-digit deal for KKR’s Australian Venue Company to buy the Sand Hill Road portfolio has been put on hold as both groups share in the national pain of pub closures. News emerged early March of the agreement, understood to