Real Estate

MONTAGUE SOLD AS RETREAT BECKONS

Posted on February 16th, 2018 by Clyde Mooney
With one on the market, the Fermanis family has taken an unsolicited offer on title to its Montague Hotel on a tight Victorian return. Recently listing its Abbottsford pub, the Fermanis’ were approached off-market to sell their quaint corner pub

COLES TO EXIT NSW PUBS WITH NORTHLAKES LISTING

Posted on February 9th, 2018 by Clyde Mooney
Wesfarmers’ Coles is looking to exit the NSW pub game, listing the Central Coast’s Northlakes Tavern as it focuses on off-premise-heavy Queensland. Coles and Woolworths have been feeling the squeeze in the retail world in the wake of Aldi’s influence,

WARMING LISTING HOT ADELAIDE PUB PROPERTY

Posted on February 9th, 2018 by Clyde Mooney
The freehold of Adelaide’s stunning Sarries and offices have come to market, as the city welcomes widespread development. The landmark corner Saracens Head hotel, known as Sarries, has stood on Carrington Street since 1873, the elegant two-storey stone pub and

INVESTORS LIST OPPORTUNE OPHIR TAVERN

Posted on February 7th, 2018 by Clyde Mooney
The affluent Ophir Tavern in Orange is on offer, boasting a massive block and development opportunity at an undercooked pub in a rising regional town. The Ophir, taking its name from a Biblical port famous for its wealth, is one

MYSTERIOUS MONARCH SELLS BIG BANKSIA TO RYANS

Posted on February 5th, 2018 by Clyde Mooney
Emerging pub group Monarch has divested its big footprint high-gaming Banksia Hotel in Rockdale to industry stalwarts Patrick Ryan and family. The Banksia was purchased by Monarch Hotels – a joint venture between hotel business veteran Joel Fisher and New

BELLEVUE HOTEL OPPORTUNITY IN FAR NORTH SOUTH

Posted on February 2nd, 2018 by Clyde Mooney
After a dozen years in the top end, owner-operator Wayne Hornby is ready to call time at his popular South Townsville pub – just as the area is “about to boom”. Former Brisbanite, Hornby moved to the northern capital –

DY’S DECK HAS HIT THE MARKET

Posted on February 2nd, 2018 by Clyde Mooney
Dee Why’s only beachside “pub” has hit the market, as the northern beaches basks in big-budget renovations by the biggest names in the game. Deck is a bar-restaurant at the northern end of the retail strip on Dee Why beach

SHERMAN SENDS MARY ELLEN TO MARKET

Posted on January 31st, 2018 by Clyde Mooney
Adam Sherman has put to market his elegant Mary Ellen Hotel in the Newcastle suburb of Merewether, offering a growth trajectory in the newly refreshed pub. Local resident Sherman purchased the Mary Ellen off-market just 15 months ago, entering the

IVY COULD BE REDEVELOPED INTO ACCOMMODATION HOTEL

Posted on January 29th, 2018 by Clyde Mooney
Merivale has responded to implications the days of ivy are numbered, clarifying news to demolish the site in favour of an accommodation hotel are “still so far from final” and it is business as usual. Justin Hemmes’ bought the site

SYDNEY PUB ICONS CLOSING FOR DEVELOPMENT

Posted on January 24th, 2018 by Clyde Mooney
As tourism-driven capex continues to flow into Australia’s cities, two Sydney institutions call time ahead of ambitious developments. Jacksons on George has stood at the gateway to The Rocks since 1986, at times considered a rite of passage of youth