Real Estate

MPK GROW IN MUDGEE AND ORANGE

Posted on October 9th, 2019 by Clyde Mooney
MPK Hotels has significantly expanded its portfolio with the well-timed acquisitions of both the Royal Hotel in Orange and Federal Hotel in Mudgee. A quintessentially Australian pub, the striking Royal Hotel stands like an advertisement for Art Deco on Lords

RIVERSDALE SELLING UP IN SYDNEY

Posted on October 4th, 2019 by Clyde Mooney
Singo’s Riversdale Pub Fund has signalled an end to its Sydney portfolio with the listing of the iconic Unity Hall Hotel in Balmain. The Fund was founded in 2010 by John Singleton, Mark Carnegie and Geoff Dixon, and at one

SOUTHERN BELLE HEADS TO MARKET

Posted on October 4th, 2019 by Clyde Mooney
For the first time in 34 years, Goulburn’s handsome Southern Railway Hotel is on the market, offering a diverse business in one of the State’s thriving communities. Jude Bourne bought the title to the pub in 1985, and following the

A NEW ERA FOR THE EMPIRE

Posted on October 2nd, 2019 by Clyde Mooney
Goulburn’s Empire Hotel is a freehold going concern again, with a new publican buying the re-stapled freehold and operation. In August private owners of the title joined with long-time operator Allan Deeth to send the pub to market. The Empire

AIRLIE BEACH HOTEL CONQUERS DEBBIE

Posted on September 27th, 2019 by Clyde Mooney
The windswept Airlie Beach Hotel is back down to earth and safely in new hands, after overcoming the ravages of Cyclone Debbie. Built 1968 on an 8,819sqm block just metres from the destination Whitsundays tourist beach, the Airlie Beach Hotel

BLUE SKY IN CROOKWELL COUNTRY

Posted on September 27th, 2019 by Clyde Mooney
Hitting the market this week is the Crookwell Hotel outside of Goulburn, coming with textbook upside atop a strong mixed revenue business. Crookwell is a town in the NSW southern tablelands, north-west of Goulburn, around 200 kilometres inland of Wollongong.

CAIRNS CENTRAL OFFERS OPPORTUNITY

Posted on September 27th, 2019 by Clyde Mooney
Amid major works and investment in the area, a vacant hotel operation has come to market at Cairns’ historic Central Hotel. The striking two-storey Queenslander was built on the corner of Lake and Spence Streets in the heart of the

LAUNDY BANKS IN MAITLAND

Posted on September 25th, 2019 by Clyde Mooney
Furthering the Hunter’s quest as one of the country’s hottest regions for pub property, industry icon Arthur Laundy has snapped up the Clancys’ The Bank at Maitland. Going coastal from Sydney, in 2010 Terry and Tammy Clancy bought up the

50-YEAR OWNERS SELL SUBIACO TO LOCALS

Posted on September 25th, 2019 by Clyde Mooney
After 50 years in the same hands, Perth icon the Subiaco Hotel has been bought by dynamic local publicans Dave Allan and Lawson Douglas. Michael and Judy Monaghan acquired the historic pub business in the late 60s, and bought into

HUNT SEEKS INVESTORS IN $50m PUB FUND

Posted on September 20th, 2019 by Clyde Mooney
Newcastle-based hotelier Stephen Hunt has been courting investors to double the size of his hotels fund to $50 million, following strong growth and robust returns. SJH Hotel Fund, run by Hunt Hospitality, owns hotel trusts around the Lakeside Village Tavern