Real Estate

LAUNDY SELLS BIG BATEAU BAY

Posted on August 30th, 2017 by Clyde Mooney
Laundy group has capitalised on the market for coastal freehold properties, divesting the big-format Bateau Bay Hotel for circa $13m to a growing local operator. The Laundy Hotel Group purchased the Bateau Bay Hotel (BBH) in early 2015 for around

BIG FORREST BEACH HOTEL & BUSINESSES LISTED

Posted on August 30th, 2017 by Clyde Mooney
A Gold Coast syndicate has listed the under-management Forrest Beach Hotel, Motel and Caravan park on a massive block overlooking the beach outside of Townsville. High profile automotive dealer Brett Frizelle, lawyer Dwane Bugden, and publican Neil Haslam have owned

APF LISTS VIC ON THE PARK

Posted on August 28th, 2017 by Clyde Mooney
Singo and Dixon’s Australian Pub Fund is one step closer to exit with the listing of Marrickville’s Vic on the Park in a freehold-starved Sydney market. Occupying a 1,247sqm block on a prominent corner opposite Enmore Park, the former The

HOGES SYNDICATE GRABS QUEENS ARMS FOR $21m

Posted on August 28th, 2017 by Clyde Mooney
A syndicate of six investors including Paul Hogan has signed on to buy New Farm’s big Queens Arms Hotel for a reported $21 million. The syndicate is QAP Holdings, headed by Sydney publican Peter Ashelford and businessman Nick Politis –

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