Real Estate

IRIS TAKES HOTEL STEYNE IN RECORD DEAL

Posted on May 6th, 2019 by Clyde Mooney
High-flyers Arthur Laundy and John Singleton have sold their Manly institution The Steyne to booming Iris Capital in a record deal for a Sydney freehold going concern. Built 1859, the Hotel Steyne has stood sentry over the Manly Beach for

SOUTH MELBOURNE’S THE GEORGE HEADS TO MARKET

Posted on May 6th, 2019 by Clyde Mooney
Sam Tresise is looking to divest his fully-managed leasehold interest at the elegant The George, in South Melbourne. Tresise counts a number of business interests in the southern capital, including the nearby Bells Hotel. Time constraints have meant The George

PELATHON NEW CUSTODIANS OF NORMANBY

Posted on May 3rd, 2019 by Clyde Mooney
Jaz Mooney’s Pelathon Group has taken on another big project in self-proclaimed "Brisbane’s Best Pub” – the noble and sometimes notorious, Normanby Hotel. A living hero of Brisbane’s history since 1890, the Normanby is found on a big 3,683sqm block

ALBION HOTEL HEADS TO MARKET

Posted on May 3rd, 2019 by Clyde Mooney
The bustling Albion Hotel in tightly-held southern NSW comes to market as long-time owners look to move on. The four-level Albion is a handsome Art Deco centrepiece of border town Albury, on main road Dean Street, central to a busy

SINGO SWEEPS UP GOSFORD’S BIG ELANORA HOTEL

Posted on April 26th, 2019 by Clyde Mooney
Real estate mogul ad-man John Singleton has backed his own overtures in Gosford with the big-ticket purchase of family legacy pub the Elanora Hotel. Large-format ‘The Elly’ enjoys a big 7,667sqm block on a corner of East Gosford main thoroughfare

HEMMES FORKS OUT $7.5m FOR 3 WEEDS

Posted on April 24th, 2019 by Clyde Mooney
Justin Hemmes is keeping up his growth strategy, picking up Rozelle’s 3 Weeds in a strong result for the long-time owners and the evolution of the peninsula precinct. Set on an 880sqm lot around four kilometres west of the Sydney

KELLY LOOKS TO REVIVE THE EDDY

Posted on April 17th, 2019 by Clyde Mooney
One of Bathurst’s oldest pubs is set to be revived, entering the growing portfolio of local operator MPK Hotels. The two-storey Edinboro Castle Hotel occupies a big 1300sqm plot in the middle of Bathurst thoroughfare William Street. ‘The Eddy’ has

NEW PATH FOR THE TERMINUS

Posted on April 17th, 2019 by Clyde Mooney
Marulan’s only pub – the Terminus Hotel – has come to market as its private owners look to exit the industry. The Terminus is a large-format corner local set on a big 4,713sqm block in the heart of town, just

FORMER FANNY’S FREEHOLD OFF TO AUCTION

Posted on April 17th, 2019 by Clyde Mooney
Argyle House Hotel in Newcastle – formerly the famed Fanny’s nightclub – is headed to auction as a revival or development play on the heritage building and lot. The single-storey structure on the corner of Wharf and Centenary Roads in

KNOX LOCKS UP GRIFFITH AREA HOTEL

Posted on April 15th, 2019 by Clyde Mooney
Griffiths’ Area Hotel has been snapped up by local publican Jim Knox, fending off metro rivals for the strong regional pub. After 15 years’ ownership, a private syndicate determined in March to divest its Griffith hotel, which it has operated