Real Estate

EAST BRUNSWICK HOTEL READY TO FIRE

Posted on August 9th, 2017 by Clyde Mooney
A Brunswick blank canvas has hit the market, offering a rare opportunity in Melbourne’s tightly-held freehold market. Occupying a commanding corner of Lygon Street, the Victorian Classical-design East Brunswick Hotel (formerly the East Brunswick Club Hotel) is a classic Victorian

GOOD TIMES AT ALH’S LISTED LANDLORD ALE

Posted on August 9th, 2017 by Clyde Mooney
ALE has posted its annual results, with its nine per cent valuation lift and profit increases boding well for the pub industry. Listed ALE (ASX: LEP) is the largest landlord to Australia’s largest pub group, ALH, owned by Woolworths and

TAVERN COMPLEX FETCHES GOLD COAST PRICE

Posted on August 9th, 2017 by Clyde Mooney
As the Gold Coast gears up in anticipation of hosting the Commonwealth Games next April, the Merrimac Tavern freehold and complex has sold on a strong yield to a local investor. The lot at Merrilaine Cres, Merrimac, comprises the popular

‘BLANK CANVAS’ GATEWAY LOOKS TO NEW DIRECTION

Posted on August 7th, 2017 by Clyde Mooney
One of Newcastle’s most colourful and full of promise pubs has hit the market, offering “untapped potential” to a serious operator. Sitting resplendent on a prominent corner of Maitland Road in Islington, the Gateway has been operated by a local

NOWRA TAVERN TO MARKET AS SYNDICATE RETURNS NORTH

Posted on August 4th, 2017 by Clyde Mooney
The large-format North Nowra Tavern south of Sydney has hit the market, as its Brisbane-based owners exit NSW and look to the interests of expansive city groups. Occupying a big 6,019m² block next to a retail centre, the North Nowra

McGUIRES UNLEASH EXPANDED ALEXANDRA HILLS

Posted on August 4th, 2017 by Clyde Mooney
The Brisbane-based McGuire family has completed another big pub expansion, unveiling its new construction at the Alexandra Hills Hotel. Alexandra Hills is in Brisbane’s south-east, around 20 kilometres from the CBD. Located on a sprawling site on Route 22 to

PELATHON PARTS WITH OVERHAULED ORANA

Posted on August 2nd, 2017 by Clyde Mooney
After a top-to-bottom turnaround and just a year’s ownership, Pelathon has flipped its re-branded Orana Hotel in Lake Macquarie, ushering in new local veterans. Jaz Mooney’s Pelathon Pub Group (PPG) swooped on the receivership purchase of the flagging New Orana

DOOS LOOK TO BE DONE FOR IDYLLIC DUCK INN

Posted on August 2nd, 2017 by Clyde Mooney
The reluctant hero publican of holiday town Marysville has put his prized pub to market, hoping to spend more time enjoying the town he helped rebuild. [caption id="attachment_10552" align="alignright" width="273"] Marysville Hotel after the fire. Image: Facebook[/caption] February 2009 saw

BIG-TRADING TURVEY TAVERN TO ROCK REGIONAL MARKET

Posted on July 31st, 2017 by Clyde Mooney
The large-format Turvey Tavern has come to market, boasting plenty of opportunity in one of NSW’s strongest regions and regional gaming LGAs. For the past two decades Wagga Wagga’s Turvey has been operated fully under management on behalf of an

BRAITHWAITE BOOLAROO PUB SALE A COMMERCIAL SUCCESS

Posted on July 31st, 2017 by Clyde Mooney
Following plenty of interest and multiple written offers, Peter and Emma Braithwaite are off to tour the sub-continent as they pass the mantle of their beloved Commercial Hotel to industry newcomers. The Braithwaites listed their big corner pub in Boolaroo