Real Estate

REILLY BUYS THE GOODTIME WEST VILLAGE WHITE COCKATOO

Posted on June 19th, 2017 by Clyde Mooney
Aligning with the arrival of a new Paech, the Goodtime Hospitality boys have divested their West Village Hotel – aka the White Cockatoo – to inner-west publican prophet Ray Reilly. Forming in mid-2014, Locky Paech and James Bodel’s hotel business

MARKET SEES GLASSHOUSE HOTEL FGC ON OFFER

Posted on June 16th, 2017 by Clyde Mooney
Furthering the opportunity in Sydney’s south-east, Bob Tate and partners have listed the striking Glasshouse Hotel in Maroubra. Joining the elegant and historic Botany Bay Hotel in Banksmeadow, further south on the peninsula, the Glasshouse Hotel prides itself as a

BRIGHTON’S MARINE HOTEL SHARPENS YIELDS FURTHER

Posted on June 16th, 2017 by Clyde Mooney
Investment money keeps pouring into the pub sector, with the Marine Hotel Brighton setting another low yield benchmark in Victoria. The freehold interest of the Marine Hotel was sold early 2016 by automotive entrepreneur Bobby Zagame for $13 million, showing

BOTANY BAY SETS SALE AGAIN AMID FOODIE OPPORTUNITY

Posted on June 14th, 2017 by Clyde Mooney
Having seen a run of operators leave behind an elegantly refurbished yet blank canvas, the Botany Bay Hotel freehold sale may spark a pub revolution in Sydney’s under-cooked south-east. In mid-2015 the freehold and leasehold of the Hotel sold, with

SOLOTEL’S NEW MARLBOROUGH AND PUBLICAN OF THE YEAR

Posted on June 9th, 2017 by Clyde Mooney
Solotel has taken the reins at Newtown’s landmark Marlborough Hotel, furthering its grip on the inner west and installing publican of the year Amanda Verratti to further Public House successes. Following announcement of the acquisition in April, Bruce Solomon’s group

RETURN OF NEW FEDERAL HOTEL

Posted on June 7th, 2017 by Clyde Mooney
Ipswich publican Craig Wise is reviving one of the area’s oldest pubs, bringing back an old name with a new look and feel. What was the Irish-themed Squealing Pig has returned to its former moniker of the Federal Hotel, under

BUSY BRISSY PRENTICE PORTFOLIO FOR GRABS

Posted on June 5th, 2017 by Clyde Mooney
Prominent publican Tony Prentice is cashing up in pursuit of a slower race, listing five thriving south-east Queensland freehold operations with a total of 119 EGMs. Headed to market individually in one line, the Prentice portfolio on offer consists of

BEVENS LIST LORDS HOTEL BEAUTY

Posted on June 5th, 2017 by Clyde Mooney
A picturesque pub in tourism-booming Tasmania has come to market as the Bevens feel their work is done and it’s time for someone fresh to take over. The two-storey brick Lords Hotel in Scottsdale was founded back in 1911, and

HUNTER VALLEY PUBS HIT THE MARKET

Posted on June 2nd, 2017 by Clyde Mooney
Prominent Hunter Valley developer and businessman Manuel Fernandes has listed a triple-play of pubs in the region, recognising their better fit with a hands-on operator. Fernandes operates a construction company, and was previously the owner of Dubbo’s Macquarie Hotel. Following