Real Estate

SYDNEY HOTEL NEEDING HOME HITS MARKET

Posted on July 24th, 2019 by Clyde Mooney
The recently homeless Martin Place Bar has come to market, in a rare example of opportunity in the tightly held Sydney hospitality and property market. Formerly located on pedestrian thoroughfare Martin Place in the heart of the CBD, Martin Place

WYNNE WYNNE IN ROYAL RICHMOND

Posted on July 17th, 2019 by Clyde Mooney
In an era dominated by corporate consolidation, long-time owners Mal Russell and family have divested their big Richmond landmark to in-limbo industry stalwarts Peter and Karen Wynne, for a hot market price. Built 1848, the Royal Hotel occupies a generous

PUBS CLOSE AS EVA IN HANDS OF LIQUIDATORS

Posted on July 17th, 2019 by Clyde Mooney
Entertainment Venues Australia has been put into liquidation, leaving in doubt the future of its five operations in the South Australian capital. News initially broke that two of its pubs, Kent Town’s Royal Terrace Hotel and The Glenelg Pier Hotel,

COMISKEYS BRING HISTORY AND FUTURE TO SAMFORD HOTEL

Posted on July 17th, 2019 by Clyde Mooney
The award-winning Comiskey Group has announced its latest endeavour, beginning with taking ownership of the Samford Valley Hotel. The family-owned Queensland company boasts a history of strategic operations in hotels and shopping centres spanning more than 30 years, as seen

YENDA HOTEL A CONTENDER

Posted on July 12th, 2019 by Clyde Mooney
After two decades at the wheel, Lance Gilbert has put up his beloved pub in mid-western NSW. Gilbert spent time in Yenda as a youth, his family operating a farm close to town. His mother had been brought up in

WALKER DOUGLAS AND CALLEN OFFER UP SINGLETON SOVEREIGNTY

Posted on July 10th, 2019 by Clyde Mooney
The Walker Douglas Group has teamed up with Callen Hotels to offer the freehold going concern of Singleton’s handsome Imperial Hotel.  The ‘Impy’ Singleton overlooks main drag John Street, just off the New England Highway through town, around an hour’s

PRIVATE BUYER SNAPS UP HARBOUR VIEW

Posted on July 10th, 2019 by Clyde Mooney
The freehold Harbour View Hotel has sold to a private buyer thought to be looking at its real estate prospects in Sydney’s historic The Rocks. A high net worth individual believed to be from the provedore sector has paid close

A FRIEND IN HAND IS YOUNG AGAIN

Posted on July 5th, 2019 by Clyde Mooney
Former Wallaby Bill Young has resumed Glebe legend the Friend In Hand, buying back from long-term owners the Byrne family.  William Kevin Young was a loose-head prop during the golden era of Australian rugby, playing 46 tests over a six-year

WOOLWORTHS OUTLINE ALH SALE

Posted on July 3rd, 2019 by Clyde Mooney
Woolworths has finally announced strategy to divest its contentious Hotels division, to be coupled with its key liquor division, leaving the future of Australia’s biggest drinks-hospitality group dithering. ASX-listed Woolworths (WOW) today released details of its plan to merge Endeavour

PADDINGTON’S CAPTAIN COOK SEEKS FRESH CANVAS

Posted on July 3rd, 2019 by Clyde Mooney
Jirsch Sutherland Insolvency Solutions has announced sale of the leasehold interest in Sydney’s historic Captain Cook Hotel, beside the stadiums in Paddington. The stately four-storey Captain Cook, built 1914, stands at the intersection of Flinders Street and Moore Park Road,