Real Estate

WESFARMERS’ WOES COULD BE AUS VENUE CO BOON

Posted on March 19th, 2018 by Clyde Mooney
The battle of the supermarket pub groups has taken another twist with Wesfarmers’ mooted plans to shed Coles from its portfolio, as Aus Venue Co looks to step up the value of its operations. Eleven years after buying and reviving

IRIS SEEKS HOTELIER FOR NEWCASTLE’S EAST END

Posted on March 19th, 2018 by Clyde Mooney
Iris has changed tack in its massive East End development, now considering a hotel operator for an alternative use in the former David Jones building. The four-stage development at Newcastle’s East End originally conceived 16 large apartments to occupy the

‘UNIQUE’ YARRAVILLE PUB ON OFFER

Posted on March 14th, 2018 by Clyde Mooney
A large corner pub on the outskirts of Melbourne city has hit the market, boasting a blank canvas and development potential in a rapidly growing precinct. Yarraville’s Commercial Hotel occupies 1,538sqm at the junction of Whitehall and Hall Streets, around

TOURIST OF NARRABRI ON THE TRAIL

Posted on March 14th, 2018 by Clyde Mooney
One of Narrabri’s big pubs has come to market through Ray White, with diverse revenue and new opportunities amid NSW’s recently proposed gaming laws. The Tourist Hotel is central to the North West Slopes regional town of 6,000 people, incorporating

INSTANT PORTFOLIO FOR MYSTERY BUYER TO MOUNT ISA

Posted on March 14th, 2018 by Clyde Mooney
Two adjacent pubs in mega-mining town Mount Isa have sold in one deal from one private group to another. The Red Earth and Isa Hotels have been part of the stable of a well-known Brisbane-based hotel group, sharing adjoining boundaries

TOOHEY MOVES IN TO RESCUE THE RETREAT

Posted on March 12th, 2018 by Clyde Mooney
After heading to market as a vacant possession to optimise the buyer pool for its potential redevelopment, the storied Retreat Hotel has been bought to stay a pub for a long time yet. Listing in January, the modest Retreat is

HEALESVILLE’S VERY GRAND HOTEL SALE BY HOTEL KEEPERS

Posted on March 12th, 2018 by Clyde Mooney
Owners of the elegant Grand Hotel in Healesville have put their pub to market to focus on their accommodation businesses. The Grand Hotel, built circa 1880, is a three-storey Victorian pub set on a 1,517sqm block zoned Commercial 1. It

KARRATHA’S BIG TAVERNS RETURN TO MARKET

Posted on March 9th, 2018 by Clyde Mooney
Six months after they were previously listed, the two big pubs of Karratha in WA’s Pilbara region are back on the market with the same upsides, but renewed confidence in the economy. Karratha is a resources town of 16,000 people

LAUNDY BREAKS GROUND ON NEW PUB CONSTRUCTION

Posted on March 7th, 2018 by Clyde Mooney
Marking a highlight of a career spanning more than five decades, Arthur Laundy yesterday celebrated construction beginning on his Marsden Park Hotel & Brewery by planting a ceremonial shovel in the ground. Stakeholders and representatives of key suppliers to Laundy