Real Estate

MOUNTAINTOP GRAND CENTRAL COMES TO MARKET

Posted on August 17th, 2018 by Clyde Mooney
Classic suburban pub the Grand Central Hotel Lithgow has come to market, offering plenty of upside in the Blue Mountains town, west of Sydney. The three-storey Grand Central occupies 951sqm on a prominent Main Street corner, in a somewhat under-pubbed

CRITERION TO MARKET AS BRISBANE BUILDS

Posted on August 15th, 2018 by Clyde Mooney
As Brisbane powers on with public and private development in all directions, the Criterion Tavern in the heart of the business district has hit the market. The Criterion Tavern occupies 863sqm of the lower level of a high-rise office building

DOYLES OFFER PARADISE VALLEY GOING CONCERN AND POTENTIAL

Posted on August 13th, 2018 by Clyde Mooney
The Doyle family has put to market their big Paradise Valley Hotel in Clematis, offering a rare freehold going concern with expansion potential in the outer reaches of Melbourne. The Paradise Valley is located on a generous 9,916sqm block on

ALE FY18 RESULTS MEASURE CONTINUED SUCCESS IN PUB BUSINESS

Posted on August 10th, 2018 by Clyde Mooney
ALE’s results for FY18 herald continued strength in the Australian pub sector, showing strong valuations, record low debt and market-leading returns for investors. Listed entity ALE (ASX: LEP) is the biggest landlord to Australia’s biggest publican, the majority Woolworths-owned Australian

ALL-NEW KANDANGA HOTEL TO AUCTION

Posted on August 8th, 2018 by Clyde Mooney
Less than three years after it was levelled by fire, the Kandanga Hotel is rebuilt and better than ever and on the market as battlers Doug and Carol Greensill look to move on. The historic Kandanga Hotel in the south-east

MARY ELLEN SOLD

Posted on August 8th, 2018 by Clyde Mooney
Newcastle’s Mary Ellen Hotel has been sold by its newcomer local owner to private hotel investors. Merewether resident Adam Sherman purchased the Mary Ellen off-market late 2016, bringing extensive hospitality and business experience including decades owning and operating multiple McDonalds

LOCAL NEWCOMER BUYS HAWKESBURY’S CLARENDON TAVERN

Posted on August 6th, 2018 by Clyde Mooney
Adam Derwin has sold his large-format Clarendon Hotel freehold going concern to an industry newcomer for $6 million. The heart of Clarendon resides on the corner of Hawkesbury Valley Way and Racecourse Road, which leads into Hawkesbury Race Club. The

CLG’S LUCKY COQ TO MARKET

Posted on August 6th, 2018 by Clyde Mooney
The freehold interest of Colonial Leisure Group’s popular Lucky Coq is for sale, offering a prized lot five kilometres from the Melbourne CBD with certified earnings for the next dozen years. Colonial Leisure Group (CLG) operate 10 venues across Victoria,

BIG SHELLHARBOUR GREENFIELD TAVERN ON OFFER

Posted on August 3rd, 2018 by Clyde Mooney
The Waterfront Tavern within the $2.3bn Shell Cove development at Shellharbour is open for offers, providing rare opportunity for a greenfield oceanfront freehold in the NSW south coast resort community. Shell Cove is a joint venture between Frasers Property Australia

FREMANTLE INSTITUTION THE ESPLANADE HOTEL TO MARKET

Posted on August 3rd, 2018 by Clyde Mooney
The stunning Esplanade Hotel property has been put to market by Primewest, offering one of Perth’s premier accommodation and conference venues and development potential, with price tag believed to be north of $100 million. The historic Esplanade Hotel, on the