Real Estate

RIVER ROYAL BACK – AND BACK ON MARKET

Posted on January 24th, 2018 by Clyde Mooney
Local mining identity Dale McNamara is parting with his painstakingly restored Morpeth pub, the River Royal Inn, having breathed life back into the drowned historic building. A ‘super storm’ in early 2015 brought a wall of water crashing through the

IRIS NEARS KINGS CROSS $47m DEVELOPMENT AS WOWSERS HUDDLE

Posted on January 22nd, 2018 by Clyde Mooney
Iris’ proposed $47m development in Kings Cross is under attack before it begins, with a local interest group fighting to scare Council into blocking the proposal. Kings Cross is back in the headlines, no longer for scandal or its infamous

PEET OFFERS UP FLAGSTONE ‘FUTURE’ PUB

Posted on January 22nd, 2018 by Clyde Mooney
Publicly-listed Peet is offering up a prime tavern site at the centre of its huge Flagstone master development. The greater Flagstone development is set to be one of Australia’s largest urban zoned greenfield projects, destined to become home to over

STRADBROKE ISLAND HOTEL AND RETAIL ON OFFER

Posted on January 19th, 2018 by Clyde Mooney
The idyllic Stradbroke Island Beach Hotel has come to market, as the dominant hospitality business on the Queensland tourist destination. The Hotel, known as Straddie Day Spa for its resort-style facilities, occupies a big 3,267sqm headland site at Point Lookout

FERMANIS’ RETREAT TO AUCTION

Posted on January 19th, 2018 by Clyde Mooney
Abbotsford’s storied Retreat Hotel will go under the hammer as a vacant freehold, to optimise the buyer pool for the development potential site. Built in 1915, the modest and aptly named Retreat is a local landmark, on the corner of

POOLE’S KEVINGTON HOTEL HEADS TO MARKET

Posted on January 19th, 2018 by Clyde Mooney
One of Victoria’s most history-smacked pubs has come to market, offering riverside acres in a former goldrush town. Built in 1862 as Garrett's Beer House, the Kevington Hotel is the last surviving pub of many that sprang up following the

PUBLICAN GROUP SINKS INTO RECEIVERSHIP DESPITE DIXON SWOOP

Posted on January 17th, 2018 by Clyde Mooney
Despite divesting its entire portfolio late 2017, the beleaguered Publican Group has been put into voluntary liquidation. The cashed-up Dixon Hotel Group – since rebranded to Australian Venue Co (AVC) – bought the clutch of nine Publican Group venues in

DIXON GROUP REBRANDS AND BUYS UP

Posted on January 15th, 2018 by Clyde Mooney
Dixon Hospitality Group has hit 2018 running, with a new group name and deals for two new northern venues into the stable. The Victorian-based hotel group fronted by former Spotless director Bruce Dixon has rebranded to Australian Venue Co (AVC),

IRIS’ MASSIVE KINGS CROSS DEVELOPMENT AT THE BOURBON

Posted on December 20th, 2017 by Clyde Mooney
Sam Arnaout’s expansive Iris Capital has lodged plans for a massive residential and hospitality development in Kings Cross to replace The Bourbon and Empire Hotels and surrounds. Around the group’s 2015 purchase of The Bourbon from Chris Cheung, Arnaout orchestrated

$4.4m FOR EMPTY BRUNSWICK PUB

Posted on December 18th, 2017 by Clyde Mooney
An unnamed buyer has secured the blank canvas freehold of Melbourne’s promising East Brunswick Hotel at auction for $4.4 million. The former CUB pub on the corner of Lygon and Albert Streets has seen several incarnations over the years, and