Real Estate

UNIVERSAL SALE BRINGING BROAD APPEAL

Posted on June 27th, 2018 by Clyde Mooney
Universal nightclub in Bendigo is for sale, offering potential for seven-day trade and an expanded offering, with a rare 5am licence. The nightclub opened in the late 90s, licensed to hold 500 patrons. Widely known as Universal on McCrae Street,

BLUE SKY FOR FIREHOUSE HOTEL UNDER HUGE TOWER PROJECT

Posted on June 25th, 2018 by Clyde Mooney
North Sydney’s historic Firehouse Hotel will become the nucleus of a massive 35-storey tower through $121 million plans for its airspace. Publican Mark Barry has owned the pub since 2001, overseeing its conversion from a heritage-listed fire station, built in

TOURIST HOTEL SOLD TO LOCAL

Posted on June 25th, 2018 by Clyde Mooney
A Sydney-based syndicate has sold Narrabri’s big Tourist Hotel to an enterprising local set to breathe some new life into the simmering local. Narrabri is a town of 6,000 people around 500 kilometres north-west of Sydney, best-known for its cotton

OPEN ARMS BREAK WITH DELAWARE AS BOTH LOOK NORTH

Posted on June 20th, 2018 by Clyde Mooney
The partnership between American hospitality giant Delaware North and Open Arms Hospitality has split, as each cite opportunities and pending acquisitions. Delaware North (DN) operates hundreds of hospitality venues across four continents, serving over half a billion customers each year.

MATES LIST ‘COUNTRY PUB’ QUEENSPORT BRISBANE

Posted on June 20th, 2018 by Clyde Mooney
Brisbane’s “country pub in the city” has come to market, as the two long-time owners call time to pursue other colourful activities. Old mates Warwick Brown and Peter Chase have owned the Queensport Tavern at Hemmant for 17 years. Chase

LAUNDY-MALLOY ACQUIRE COLES’ LAST NSW PUB

Posted on June 18th, 2018 by Clyde Mooney
Coles has completed its exit from NSW pub operations, selling the Northlakes Tavern to the pub partnership of Arthur Laundy and Mark Malloy. Moving to minimise or remove itself entirely from its PR burden of association with gaming, Coles listed

ARCADIA VILLAGE HOTEL MAGNETIC ISLAND SET TO ATTRACT

Posted on June 18th, 2018 by Clyde Mooney
The idyllic Arcadia Village Hotel on Magnetic Island has come to market, offering a sprawling freehold going concern or booming leasehold opportunity. The Arcadia Village occupies a massive 1.07Ha (10,070sqm) site, overlooking the Coral Sea, a 20-minute ferry trip to

READY-TO-GO TERRANORA TAVERN ON OFFER

Posted on June 15th, 2018 by Clyde Mooney
Brisbane developer Terry Harmer has listed the business opportunity of the refurbished Terranora Tavern, in the newly appointed Terranora shopping centre. Harmer boasts a background in shopping centre development, and around two years ago bought from United Petroleum the entire

RIVERSDALE BUYS LPH NEWCASTLE

Posted on June 13th, 2018 by Clyde Mooney
Riversdale has ended speculation of a complete sell-down with the purchase of the Lambton Park Hotel in suburban Newcastle. The pub was bought around three years’ ago by a partnership of three newcomers to the industry, who went on to

EVERYTHING PEACHY FOR MARLOW GROUP

Posted on June 8th, 2018 by Clyde Mooney
The Marlow Hotel Group has secured the huge Peachtree Hotel in Penrith, following less than a year’s ownership by ASX-listed property developer, Boyuan Holdings. Chinese development company Boyuan Holdings Limited (ASX: BHL) bought the big Penrith pub last October from