Real Estate

GALLAGHER TAKES SOLOTEL’S CHELSEA CHATSWOOD

Posted on April 27th, 2018 by Jane Louise
Gallagher Hotel Group has welcomed another Sydney north shore pub into the fold, picking up title to Chatswood’s Chelsea Hotel from Solotel for circa $20 million. The Chelsea is a modest local pub on the western side of Chatswood station,

BALMAIN INSTITUTION DICK’S HITS THE MARKET

Posted on April 23rd, 2018 by Clyde Mooney
Elia Economou has been tempted to sale of his beloved Dick’s Hotel, Balmain, as the pub thrives in an evolving precinct. Closely following the news that the landmark Town Hall Hotel is back on the market as a reinvented retail

IRIS PULLS KINGS CROSS DA OVER BACKLASH

Posted on April 23rd, 2018 by Jane Louise
Iris Capital has entered the next stage of its controversial Kings Cross development, by withdrawing the DA widely condemned by local interest groups and enlisting input. In January Sam Arnaout’s development company Piccadilly Freehold submitted plans for a $47 million

BALD FACED HOTEL SALE: LEVY SELLS AND STAYS

Posted on April 20th, 2018 by Clyde Mooney
Marcus Levy’s Marvan Hotels has executed a reversal of fortune, with the sale and leaseback of its Leichhardt pub the Bald Faced Stag. Marvan bought the pub a few years’ ago for circa $4.5 million, with a few potential outcomes

HOTEL FORMERLY KNOWN AS O’SULLIVAN’S HITS MARKET

Posted on April 20th, 2018 by Clyde Mooney
After 20 years creating a local icon, the O’Sullivans are calling time on the pub game, listing their pub long known as the O’Sullivan Hotel. The site of 914 Mt Alexander Rd Essendon has served the community in a variety

CROSS ROADS HOTEL OFFERS NEW DIRECTIONS

Posted on April 20th, 2018 by Clyde Mooney
The big-trading Cross Roads Hotel in the tiny truck-stop town of Tomingley has come to market, offering option of a thriving leased freehold or blank slate opportunity. Tomingley is a town of just 306 souls, that happens to be mid-point

STATELY BRITANNIA COMES TO MARKET

Posted on April 18th, 2018 by Clyde Mooney
Long-serving publicans David Kolevas and Carolyn Trudgeon have put their beloved Britannia up for sale as they ease from pub life into retirement. The couple bought the handsome Britannia more than a decade ago, in the Maryborough suburb of Carisbrook,

BALMAIN TOWN HALL FLIPPED – AND NO LONGER A PUB

Posted on April 18th, 2018 by Clyde Mooney
Less than a year after selling as a freehold going concern, the former Town Hall Hotel in Balmain has come to market as a mixed-use passive freehold. Developer John Adgemis and associates bought both the Town Hall and the Swanson

PUBLIC HOUSE SELLING FOUR IN HAND AS PRIVATE RESIDENCE

Posted on April 16th, 2018 by Clyde Mooney
Mitchell Waugh’s Public House Group has listed the famous Four in Hand for alternative uses, looking to transfer the pub licence and gaming and capitalise on the building’s potential. Public House Group (PHG) purchased the formerly two-hatted gastro pub from

PARTRIDGE CALLS TIME ON GOLDEN SANDS

Posted on April 13th, 2018 by Clyde Mooney
The Golden Sands Hotel at magnificent Nambucca Heads comes to market as a generation moves on and the freehold owners seek new horizons. Long-time publican John Partridge has owned a string of pubs, and the Golden Sands for 30 years