Real Estate

MURRAY-SIDE MILDURA HOTEL GRAND TO MARKET

Posted on April 19th, 2017 by Clyde Mooney
The magnificent former coffee palace that is the Hotel Mildura Grand is on offer for $2.9 million. Built in 1891 as the Mildura Coffee Palace, the imposing structure was intended to serve a planned Temperance colony in Mildura, on the

SOLOTEL WINS ON RIVERSDALE’S MARLBOROUGH SUPER-PUB

Posted on April 12th, 2017 by Clyde Mooney
The six-week all-star campaign for the Marlborough Hotel has culminated with Bruce Solomon and celebrity chef partner Matt Moran taking the keys for $33 million. John Singleton, Geoff Dixon and Mark Carnegie’s $300m Australian Pub Fund (APF) began offering its

INVESTOR BUYS BIG ALBERT PARK BEACH HOTEL

Posted on April 10th, 2017 by Clyde Mooney
As development fever continues to grip Victoria, the landmark Beach Hotel site, with supermarket, has sold to a Chinese investor for around $18 million. Famed for its vibrant atmosphere and views of Port Phillip Bay, the Beach Hotel overlooks Albert

REARDON CRIES EUREKA FOR SALE

Posted on April 10th, 2017 by Clyde Mooney
The younger Pat Reardon is parting with his Hotel ‘goldmine’ in Richmond, as he sets off abroad. The Reardon family has operated pubs all around Melbourne, including previously the Yorkshire Stingo and Railway in Brunswick, and for 25 years now,

O’HARA ADDS TO HIS COLLECTOR HOTEL

Posted on April 7th, 2017 by Clyde Mooney
Dan O’Hara and his gun chef(s) are about to revamp Parramatta’s Collector Hotel, after taking the keys this week. The Collector resides in a Western Sydney University building, in booming Parramatta. The leasehold business boasts the unusual benefit of retaining

ANOTHER SPIRIT BLUE-CHIP TO MARKET IN HEART OF BRISBANE

Posted on April 7th, 2017 by Clyde Mooney
Continuing the run of Spirit Hotels blue-chip Queensland freeholds, the big Waterloo Hotel and tower has come to market. The Waterloo Junction complex in Newstead comprises an historic pub and several retail tenancies, plus upmarket commercial office space. It represents

SPIRIT’S BARRIER REEF HOTEL ON OFFER IN HEART OF REEF

Posted on April 5th, 2017 by Clyde Mooney
Hot on the heels of HPI’s listing of two Coles-leased blue-chip freeholds, another but soon-to-be-vacant Spirit Hotel has come to market, in booming Cairns. The Barrier Reef Hotel occupies 530 m² on the corner of Abbott and Wharf Streets, and

THE DOWNS FOR SALE AS TOOWOOMBA LOOKING UP

Posted on April 5th, 2017 by Clyde Mooney
One of Toowoomba’s favourite watering holes has come to market as its Bundaberg-based owner looks to expand into bigger operations. Thomfield Property Holdings (TPH) owns the Downs Hotel, Drayton, around 130 kilometres west of Brisbane, and operates it remotely under

CHARTER HALL LONG WALE PUB REIT – LONGER AND STRONGER

Posted on April 5th, 2017 by Clyde Mooney
Charter Hall’s pub REIT has stepped up expansion plans, retiring bank debt in favour of a A$200 million US Private Placement note as it chases “sustainable and growing returns” for its investors. The Long WALE Investment Partnership (LWIP), 45 per

ALL QUALITY, AS REDCAPE DIVESTS

Posted on April 3rd, 2017 by Clyde Mooney
As speculation around its own fate continues, Redcape Hotel Group has listed the freehold of one of Australia’s largest accommodation pub assets. The very large-format All Seasons Quality Hotel occupies 3.56 hectares (35,570 m²) on McIvor Highway in Bendigo, around