Real Estate

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

LAUNDY REVEALS NEW GREENFIELD SITES

Posted on March 20th, 2020 by Clyde Mooney
As the hospitality industry reels from what is hoped to be a temporary downturn, news has emerged pub industry patriarch Arthur Laundy is building no less than three new pubs. A deal was recently secured to purchase the site of

INVERELL’S IMPERIAL JOINS THE MARCH

Posted on March 16th, 2020 by Clyde Mooney
The stately Imperial Hotel in the heart of Inverell is for sale, as long-time operator Michael Painko looks to move on. The two-storey Georgian Imperial was built on an expansive 2,063sqm lot on a major corner of Otho Street, which

SARACENS HEAD KEYS AND TITLE ON OFFER

Posted on March 16th, 2020 by Clyde Mooney
Adelaide’s elegant Saracens Head Hotel is for sale as a long-term lease or freehold going concern. Commonly known as ‘Sarries’, the two-storey stone and iron lacework pub was built 1873 on a prominent corner of Carrington Street, amid universities and

O’DONNELLS EXIT WITH NORTH NOWRA ON OFFER

Posted on March 13th, 2020 by Clyde Mooney
The O’Donnell family flags the end of its portfolio sell-down with the listing of its south coast landmark operation the North Nowra Hotel. The large-format pub is set on an underutilised block of 6,019sqm next to the North Nowra Shopping

BLACK RHINO TAKES CRAIG’S ROYAL HOTEL

Posted on March 13th, 2020 by Clyde Mooney
Ballarat’s biggest-ever sale has transacted, seeing the long-serving Finnings family pass the baton of Craig’s Royal Hotel to the growing Black Rhino Group. The heritage-listed pub was built 1853, as the Ballarat Hotel, celebrating the first licensed premise in town.

ALH SNAPS UP TWO NEW PUBS

Posted on March 11th, 2020 by Clyde Mooney
Australia’s biggest publican is back on the acquisition trail, picking up two more Queenslanders in a week. Australian Leisure & Hospitality (ALH) has been in flux for much of FY20 following the announcement of a plan by parent company Woolworths