Real Estate

HILTON’S LONG-HELD QUAKERS INN SELLS

Posted on May 14th, 2018 by Clyde Mooney
Local identity and horseracing enthusiast Bill Hilton has sold his twice-built and long-run Quakers Inn for $24 million. Hilton built the large-format Quakers Inn back in 1991, with then business partner Nick Peters. Peters was the face of Peters Meats,

CORRIGANS PUT UP REVIVED DOODLE COOMA ARMS

Posted on May 14th, 2018 by Clyde Mooney
The heroes of Henty, who rescued and revived the town’s only pub, have listed it to pursue attempts to return to a life of normality. Henty is a town of around 1200 souls, midway between Albury and Wagga Wagga, in

REDCAPE ‘STRATEGY’ DIVESTS DOONSIDE HOTEL

Posted on May 11th, 2018 by Clyde Mooney
Redcape has bucked recent trends and sold its suburban heartland pub, the Doonside Hotel. The Doonside occupies a big 7,278sqm town centre site in the western Sydney suburb, around 50 kilometres out of the Sydney CBD. Features include public and

CHINATOWN GATEWAY COVENT GARDEN HOTEL SOLD

Posted on May 11th, 2018 by Clyde Mooney
Ending a decades-long reign, the Luey family has sold its Chinatown gateway pub, the Covent Garden Hotel. The three-storey dual-fronted Covent Garden Hotel was opened by Tooths & Co in 1911. The imposing building stands sentry at the gateway to

DY’S DECK FINDS A NEW HOUSE

Posted on May 11th, 2018 by Clyde Mooney
After coming to market in February, Dee Why’s only ‘pub’ on the beach has sold to Ben McBeath. Deck is a bar-restaurant overlooking Dee Why beach, with a primary service authorisation allowing it to serve drinks without a meal. The

ZAGAME FAMILY EXIT $300m PORTFOLIO

Posted on May 9th, 2018 by Clyde Mooney
The entire portfolio of the Zagame family has come to market with an expected price of $300 million, representing the biggest single gaming portfolio ever offered in Victoria. The portfolio consists of five gaming-centric hotels around Melbourne, as well as

REIDS TO BOW OUT OF WATERTOP WONDER THE BREAKWATER

Posted on May 9th, 2018 by Clyde Mooney
The picturesque and award-winning The Breakwater is for sale, as the long-serving Reid family decide it may be time to do something different. The Breakwater is a Perth institution, located literally atop the idyllic Hillarys Boat Harbour, which sees a

COLLINGWOOD SWEETHEART GRACE DARLING HOTEL UP FOR GRABS

Posted on May 7th, 2018 by Clyde Mooney
The team behind Collingwood’s beloved Grace Darling Hotel are hanging up the bar mats, listing the business into the tight Victorian market. Enjoying a prominent corner in the middle of Smith Street, central to Melbourne’s most diverse and in-demand precinct,

DON HODGE PICKS UP WARNERS AT THE BAY

Posted on May 4th, 2018 by Clyde Mooney
The growing Don Hodge Group has snapped up the large-format Warners at the Bay, bringing another hotel opportunity to its enterprising portfolio. Warners at the Bay was established in 1999 on a sprawling 10,790sqm block in the Central Coast community

OSCARS WIN TRIPLE 8 FROM GALLAGHERS

Posted on May 4th, 2018 by Clyde Mooney
Gallagher Hotels has offloaded the gaming-focused Triple 8 Hotel in Chinatown to the ever-active Oscars Hotels. Patrick Gallagher bought the operation with a seven-year lease in 2015 from Iris Group for circa $7.25 million, representing the two businesses’ fifth asset