Real Estate

O’NEILLS PARTING WITH BOOMTOWN BEACH HOTEL

Posted on March 27th, 2017 by Clyde Mooney
After more than three decades building a tropical utopia, the O’Neill family is parting with its huge-format Airlie Beach Hotel on the beach. Located 1,000 kilometres north of Brisbane and nearly 300 south-east of Townsville, Airlie Beach is in the

PAECH’S PETERSHAM PUB & HOTEL HEADS TO MARKET

Posted on March 24th, 2017 by Clyde Mooney
The purveyors of good time are divesting their newly renovated West Village pub and accommodation in Sydney’s inner west. Well known publican Locky Paech and business partner Dr James Bodel are GoodTime Hospitality. The group has owned and operated the

HPI OFFERS UP COLES TENANTED HOT PROPERTY INVESTMENTS

Posted on March 24th, 2017 by Clyde Mooney
Listed landlord HPI is making hay in the Sunshine state, offering up two of its Coles-tenanted pub freehold investments. Capitalising on the continued bullish market conditions, HPI (Hotel Property Investments) has listed the freehold of its Hotel Allen in Townsville,

ADELAIDE PRINCE PARKS ROYAL COACH HOTEL

Posted on March 24th, 2017 by Clyde Mooney
The prominent Royal Coach Hotel has been strategically bought by Prince Alfred College, banking a long-term development opportunity. Vendors Hospitality Investments P/L and McCracken Kent Town P/L have divested the three-storey city-fringe Hotel, which features a bar, the Terrace Restaurant,

SUGAR CAPITAL KALAMIA HOTEL TO MARKET

Posted on March 17th, 2017 by Clyde Mooney
The refurbished Kalamia Hotel is on the market, in Australia’s sugarcane capital in north Queensland. Ayr is located about 90 kilometres’ south-east of Townsville, part of the Burdekin Shire, which produces the most sugarcane per square kilometre in the country.

NEW BLOOD INTO WATERLOO HOTEL

Posted on March 15th, 2017 by Clyde Mooney
Hickey and Negas have sold their Grosvenor Hotel in Waterloo for north of $5 million to some industry newcomers looking to get in on the action of Sydney’s thriving inner-west pub scene. Former CCA executive Denis Hickey and businessman Warwick

TOWN & COUNTRY OFFERS UP FINAL TWO PUBS

Posted on March 13th, 2017 by Clyde Mooney
The Town & Country Pubs group is packing up its two remaining pubs, listing its coastal Queens and Tandara Hotels. Queensland-based Town & Country (T&C) is one part of a wider entity that is looking to build a portfolio of

RUMOURS ABOUND, BUT REDCAPE STILL IN THE AIR

Posted on March 13th, 2017 by Clyde Mooney
Speculation around what is arguably the country’s most talked-about pub group continues, as investment banks look to realise $700m out of Australia’s smokin’ hotel sector. The A-list portfolio that makes up Redcape Hotel Group has been seeking a suitor for

BRAITHWAITE’S COMMERCIAL ON OFFER AMID LOCAL MASTERPLAN

Posted on March 13th, 2017 by Clyde Mooney
The Braithwaite family is divesting their Commercial Hotel, in Boolaroo, ahead of thousands of new residents moving in next door. Situated on 1,399 m² on the prominent corner of Main Rd and First St, the two-storey Commercial Hotel is already