Real Estate

DE WITH LISTS PREMIER HOTEL

Posted on August 25th, 2017 by Clyde Mooney
Rolly de With has listed his Premier Hotel, boasting plenty of upside and potential in the surging Central Coast market. The Premier was purchased by de With’s Castle Hotels in 2011, in a partnership between the AHA regional representative and

FULL YEAR RESULTS: INSIGHT ON HOSPITALITY PROPERTY AND PRODUCT

Posted on August 25th, 2017 by Clyde Mooney
Woolworths’ and Charter Hall’s full year profit results offer perspective on the big-picture health of the hospitality and liquor markets. Australian supermarket giant Woolworths, 75 per cent owner of the country’s largest pub group, ALH, continues its bold recovery plans

BRIGHTON UP UP FOR GRABS

Posted on August 23rd, 2017 by Clyde Mooney
After four decades at the helm, the 82-year-old owner of Darlinghurst’s Brighton Hotel is calling it a day and has listed the landmark pub for $8 million. Located on the prominent corner of Oxford and Riley Streets, just two blocks

BIG-FORMAT BYFORD FOR SALE

Posted on August 23rd, 2017 by Clyde Mooney
As the Western Australian government continues its push for greater focus on tourism and service industries, the big-trading Byford Tavern in Perth has come to market. Located on a generous 4,313sqm block on the South Western Highway in Perth’s growing

HEINEKEN BUYS 1,900 PUBS

Posted on August 23rd, 2017 by Clyde Mooney
Brewing giant Heineken has been given the nod to secure nearly 1,900 British pubs from Punch Taverns. More than two years in the making, the monster deal will see more than 3,200 pubs in the Punch portfolio split between Heineken

HUNT SNAPS UP OCEAN VIEW WHILST ON HOLIDAY

Posted on August 18th, 2017 by Clyde Mooney
Well-known publican Stephen Hunt has bought the Ocean View Hotel in an impulse deal that saw him prepare and take over the pub in just three days. Heading to Coffs Harbour with his boys for a rugby carnival, Hunt got

ROYAL RICHMOND TO MARKET HERALDS RUSSELL RETIREMENT

Posted on August 16th, 2017 by Clyde Mooney
Mal and Debra Russell are parting with their Royal Hotel in Richmond, presenting a famished market one of the best gaming opportunities to date this year. The Royal Hotel occupies a generous 1,760sqm block on the prominent corner of main

THE LIBRARY SALE COLLECTS $4.6m

Posted on August 16th, 2017 by Clyde Mooney
Perth institution The Library has changed hands for the first time in 34 years, the freehold going concern fetching $4.6 million. Entertainment Enterprises have owned the two-storey freestanding venue in Northbridge since 1983, purchasing it as Hannibal’s nightclub. The group

MERIVALE GRABS COLLAROY ‘PAVILION’: HEMMES

Posted on August 14th, 2017 by Clyde Mooney
Justin Hemmes says Merivale has strengthened its northern beaches “destination” portfolio with the $21m purchase of Mitchell Waugh and PHMG’s The Collaroy. Speaking with PubTIC, Hemmes explained how The Collaroy feels like an opportunity he has had before. “I think

REDCAPE VESTIGES IN $24m ALL SEASONS SALE

Posted on August 11th, 2017 by Clyde Mooney
Redcape has completed the sale of its very large-format All Seasons Quality Hotel in Bendigo for around $24 million, completing a process begun before Moelis bought the balance of the portfolio in June. Occupying 3.56 hectares on McIvor Highway in