Real Estate

FIRST RESULTS FOR ASX-LISTED REDCAPE

Posted on February 20th, 2019 by Clyde Mooney
Redcape has announced its first results since its listing in November, showing strong outcomes on the back of a string of acquisitions. Redcape Hotel Group Management Ltd – responsible entity for publicly listed Redcape Hotel Group (ASX:RDC) – announced results

3 WEEDS TO MARKET

Posted on February 18th, 2019 by Clyde Mooney
One of Sydney’s original gastro pubs – the 3 Weeds – comes to market as its private owners make the decision to retire. Located in the heart of formerly working-class Rozelle, around four kilometres west of the Sydney CBD, the

WAYSIDE SOUTH MELBOURNE OFFERS NEW LEASE

Posted on February 18th, 2019 by Clyde Mooney
South Melbourne beauty the Wayside Inn has come to market, looking to a new long-term leaseholder in the newly refurbished pub, less than three kilometres from the CBD. Built 1915 on the corner of arterial City Road and Ferrars Street,

PADDINGTON ALE HOUSE SEEKS NEW FUTURE

Posted on February 18th, 2019 by Clyde Mooney
Perth icon the Paddington Ale House has hit the market, as long-time operator Neil Randall enters a new phase of life. The handsome two-storey Mount Hawthorn pub was built 1932 on a large corner block on Scarborough Beach Road, with

TAPHOUSE LIST COOLANGATTA SANDS HOTEL

Posted on February 15th, 2019 by Clyde Mooney
The south-east Queensland-based Taphouse Group has listed its big Coolangatta Sands Hotel in the Gold Coast. The two-level Sands holds a generous corner lot, surrounded by tourism magnets such as Kirra Beach and Snapper Rocks, adjacent the bustling 33,000sqm Strand

SINGO & LAUNDY LIST HOTEL STEYNE

Posted on February 13th, 2019 by Clyde Mooney
Business titans Arthur Laundy, John Singleton, Mark Carnegie and Robert Whyte have put to market their iconic Manly beachside pub, The Steyne. The one-off partnership banded together to buy the big landmark hotel in 2010, working to revise its image

MURRAY MEN TAKE ON CROOKWELL’S COMMERCIAL

Posted on February 13th, 2019 by Clyde Mooney
Peter Griffiths has sold Crookwell’s stoic Commercial Hotel – aka the Horse & Hound – to three brothers Murray, ushering locals into the pub game. The two-storey brick pub on main street was built 1871 on a 1,141sqm block. It

LAWLESS LISTS THE LOT IN THE NORTH

Posted on February 11th, 2019 by Clyde Mooney
Career publican Brendan Lawless has put to market his NSW north coast portfolio, comprising the popular Commercial Hotel ‘Middle Pub’ Mullumbimby and Ivory Tavern in Tweed Heads. Lawless took root in the extremely tightly-held region when he bought the Commercial

ALH’S AUSTRAL HOTEL SELLS FOR $25m

Posted on February 8th, 2019 by Clyde Mooney
Charter Hall has continued its confidence in the pub sector with another big acquisition, of the ALH-tenanted Austral Hotel in Mackay for a reported $25 million. Charter Hall began its investment in blue-chip pub assets in 2014, acquiring a $600

COOEE BRINGS PUBLICAN BACK

Posted on February 8th, 2019 by Clyde Mooney
The only pub in St George’s Basin has sold, heralding a return by local operators David Kennerwell and Michael Lucas. The Cooee Hotel is central to the south coast town, owned by Philip Archer and operated by a tenant, leased