Real Estate

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

LITTLE’S RUDD’S PUB GOES UNDER THE HAMMER

Posted on November 10th, 2017 by Clyde Mooney
Sam and Robyn Little have put to market their iconic Rudd’s Pub in south-east Queensland, ending a dozen year tenure at the country landmark. The town of Nobby, population around 500, lies just south of Toowoomba, around 150 kilometres west

SALE & LEASEBACK FOR COOKE-BEAUMONT AT BLAZING STUMP

Posted on November 8th, 2017 by Clyde Mooney
Cooke-Beaumont & Partners is executing a sale and leaseback of its big-format hot property the Blazing Stump Hotel. The Blazing Stump is a free-standing single level pub built 1880 in the heart of Wodonga, on the Victoria-NSW border. It is

BIG IMPERIAL ON OFFER AS NOBLE EXITS

Posted on November 8th, 2017 by Clyde Mooney
Luke Noble is selling the family’s three-storey pub outside Narrabri, mixed fortunes heralding changes to come for the Imperial. Noble bought the Hotel with his parents 12 years ago, and has sustained an owner-operator position at the big pub ever