Real Estate

OZ PUB GROUP GROW WITH THE BOUNDARY

Posted on November 24th, 2017 by Clyde Mooney
One of Brisbane’s oldest and most iconic pubs has sold for the first time in 95 years to Colin Macleod’s expanding Oz Pub Group. The Boundary Hotel has stood on the corner of Boundary Rd and Jane St in Brisbane’s

MERIVALE TAKES ANOTHER HEART OF THE EASTERN SUBURBS

Posted on November 22nd, 2017 by Clyde Mooney
The march of Merivale continues with another prominent acquisition, the group picking up Halcyon’s Hotel Centennial on Oxford Street, Woollahra. The Centennial is a landmark two-storey pub built in 1888 on a 780sqm block, opposite Centennial Park, making it proximate

SCHWARTZ REAPS $92m FOR DIXON’S THE DUKE PLUS ADINA

Posted on November 22nd, 2017 by Clyde Mooney
Morry Schwartz has divested two big properties in Melbourne’s East End, collecting $92 million for the Adina Hotel, and the city’s oldest pub, the Duke of Wellington, operated by Dixon Group. Publisher and property developer Morris ‘Morry’ Schwartz put the

UNIVERSAL ACQUIRE BRIGHTON HOTEL ON OXFORD ST BOUNCE

Posted on November 20th, 2017 by Clyde Mooney
Universal Hotels has boosted its presence in Darlinghurst, acquiring the multi-level Brighton Hotel in the heart of a rebounding Oxford Street. The Brighton has been owned by the same family since 1977, and hit the market in August as its

MELBOURNE’S ICONIC WATER RAT HOTEL SOLD

Posted on November 20th, 2017 by Clyde Mooney
UPDATE: The historic Water Rat Hotel in South Melbourne has sold, holding a short lease and offering a range of options for the buyer. The two-storey pub was built in 1858 as Druids Hotel on a 314sqm block just three

MOELIS GROW REDCAPE WITH 3 BUYS FOR $100m

Posted on November 17th, 2017 by Clyde Mooney
This week Moelis – new owner of Redcape Hotel Group – announced nearly $100 million in acquisitions into the portfolio ahead of a big capital raising and its potential re-listing. Redcape Hotel Group (RHG) already operates top gaming pub the

PHILLIPS LIST BLUE MOUNTAINS BEAUTY

Posted on November 15th, 2017 by Clyde Mooney
The Phillips’ are calling time on running pubs and parting with their period-style Blue Mountains Hotel in the NSW highlands, which they’ve owned for 33 years. Historic Lawson is a Blue Mountains town around 90 kilometres due west of the

PELATHON SELLING QUEENS HOTEL AFTER 1 WEEK

Posted on November 13th, 2017 by Clyde Mooney
Pelathon is testing the waters in Gladstone – hand-balling its newly acquired Queens Hotel as the mining region begins to gather steam again. Jaz Mooney’s Pelathon Management Group purchased both the Queens Hotel and Tandara Hotel in Sarina in one

NEGLINE SELL-DOWN BRINGS TATTERSALLS TO MARKET

Posted on November 13th, 2017 by Clyde Mooney
The Tattersalls Hotel in Narrabri has come to market, as its Central Coast owners increase focus on businesses closer to home. Narrabri is around 450 kilometres due west of Coffs Harbour, about 500 north-west of Sydney. It is a country

MERIVALE MOVES INTO BONDI AT THE ROYAL

Posted on November 10th, 2017 by Clyde Mooney
After some speculation, Merivale has confirmed its acquisition of the famed Royal Hotel at Bondi. The Royal is a Bondi Road institution, and part of local folklore. It saw the founding meeting of the historic Bondi Surf Bathers Life Saving