Real Estate

PORT MACQUARIE’S FINNIAN’S HITS THE MARKET

Posted on September 13th, 2017 by Clyde Mooney
Furthering the NSW coastal surge, popular Port Macquarie pub Finnian’s Irish Tavern has come to market. Finnian’s occupies a large 1,223sqm site on the same block as one of Port Macquarie’s largest shopping centres, between a Coles supermarket and a

ROGERS TAKE ON HETHERINGTONS’ GUNYAH

Posted on September 11th, 2017 by Clyde Mooney
Campbell Rogers has grown his footprint of Central Coast pubs, purchasing the Gunyah Hotel from rugby league families the Hetheringtons and the Mullins’. League legend brothers Brett and Jason Hetherington and family have owned the Gunyah in Lake Macquarie with

ROZELLE’S RUBY HOTEL TO MARKET TO BUY OR LEASE

Posted on September 11th, 2017 by Clyde Mooney
In a market short of metropolitan opportunities, the Ruby Hotel in Rozelle is for sale or lease following extensive refurbishment and operation by the investor owner. Michael Huang purchased the Ruby in 2015. Commonly known as Ruby L’otel, it enjoys

ABBOTSFORD’S PARK HOTEL HOT SALE BY AUCTION

Posted on September 11th, 2017 by Clyde Mooney
Melbourne’s tightly-held freehold market has held to precedent, with the Park Hotel in Abbotsford selling at auction for more than 140 per cent of reserve, at a razor-sharp yield. Built in 1864, the Park sits on a big corner block

FEROS’ JDA WORKS SALE OF ALLAWAH HOTEL

Posted on September 8th, 2017 by Clyde Mooney
John Feros’ JDA Hotels and associates have executed a sale and management deal on top gaming pub the Allawah Hotel for around $30 million. Located on 1,274sqm on a corner of Railway Parade, beside the refurbished Allawah train station, the

IRIS OFFLOADS CROWN PARRAMATTA IN $50m DEAL

Posted on September 6th, 2017 by Clyde Mooney
Iris Capital has nailed another development play, selling its DA-approved Crown Hotel in Parramatta to Coronation Property, in a transaction worth $50 million. Iris bought Crown Parramatta mid-2014, with principal Sam Arnaout negotiating the deal himself with vendor Rod Salmon

TANKERVILLE ARMS HEADS TO RARE VICTORIAN AUCTION

Posted on September 6th, 2017 by Clyde Mooney
Fitzroy’s thumping Tankerville Arms Hotel is to be sold via auction, with price expectation exceeding $20 million. The Tankerville sits on 1,087sqm on the prominent corner of Nicholson and Johnston Streets Fitzroy, just two kilometres from the heart of Melbourne.

BIG NORTH NOWRA PUB SELLS FOR $12m

Posted on September 4th, 2017 by Clyde Mooney
Sydney publican Mark Duggan has teamed with Gary O’Donnell to secure the large-format North Nowra Tavern for close to $12 million. Duggan operates Burwood’s Avondale Hotel, and O’Donnell brings local knowledge, having formerly run Nowra’s Archer Hotel, before selling it

FEDDY IN DENI TO RISE AGAIN VIA NEW INVESTOR MODEL

Posted on September 1st, 2017 by Clyde Mooney
Small-scale partial investors will revive the magnificent Federal Hotel in Deniliquin via a ‘fractional investing’ scheme driven by pioneering entertainment company Omecca. The Federal Hotel, on the town centre corner of Napier and Cressy street in Deniliquin, was built in

BRISBANE VALLEY TAVERN & CENTRE ON OFFER

Posted on September 1st, 2017 by Clyde Mooney
The Brisbane Valley Tavern and Centre have come to market, offering five tenancies and underlying gaming value in one of south-east Queensland’s thriving regions. The Brisbane Valley Centre in Fernvale is a 3,174sqm block incorporating the Tavern and Motel, as