Real Estate

IRVIN HOTELS BUYS HOMESTEAD TAVERN AS SPANKIE EXITS

Posted on February 24th, 2017 by Clyde Mooney
Another Sydney hotelier has bought big in Brisbane, with Joe Irvin picking up the “trophy asset” Homestead Tavern for $15.6 million. The ongoing shortage of opportunities in Sydney and Melbourne is driving more publicans up the coast, finding value in

HARITOS TO EXIT PUBS WITH SALE OF VERANDAH

Posted on February 22nd, 2017 by Clyde Mooney
Prominent Sydney publican Dean Haritos has been tempted to market with his last pub, offering the high-end Verandah Hotel to a galvanic market. Located between Castlereagh and Elizabeth Streets, adjacent to Martin Place, the Verandah occupies a generous 1,000 m²

CRAFT BEER HEAVEN THE LOCAL TAPHOUSE DARLO FOR SALE

Posted on February 22nd, 2017 by Clyde Mooney
The creators of the Great Australian Beer SpecTAPular are parting with their Sydney instalment of the Local Taphouse, citing booming business in their other operations. [caption id="attachment_8818" align="alignright" width="291"] Steve Jeffares and Guy Greenstone[/caption] Beer legends Steve Jeffares and Guy

NEW PUB GROUP GRABS DOVE & OLIVE

Posted on February 20th, 2017 by Clyde Mooney
One of Sydney’s most popular craft beer haunts has been sold by the purveyors of Good Beer. The Good Beer Company has operated sister venues the Dove & Olive and the Keg & Brew, both in Surry Hills, for the

OWNERS TO PART WITH BOUNDARY HOTEL AFTER NEAR CENTURY

Posted on February 20th, 2017 by Clyde Mooney
After nearly a century in the same hands, a private family is parting with their West End cornerstone, the Boundary Hotel. Occupying a generous block of nearly 2,000 m² on bustling Boundary Street, the Hotel consists of a public bar,

IMPERIAL HOTEL METRICS TO PIQUE MARKET

Posted on February 20th, 2017 by Clyde Mooney
Hotelier David Richards has listed the large-format Imperial Hotel Coonabarabran, boasting big business in the centre of town. Coonabarabran’s Imperial is located on the corner of main road John Street and Dalgarno Street, and incorporates seven retail business tenants. The

TOP GAMER VEGAS HOTEL POTTS POINT TO MARKET

Posted on February 17th, 2017 by Clyde Mooney
Potts Point landmark the Vegas Hotel has come to market, with top gaming performance and built-in development potential. A former #1 in Liquor & Gaming’s list of NSW venues, Geoff Redmond’s the Vegas has been dubbed one of the precinct’s

VIC PUBS RAZING DOUBTS OVER DEVELOPMENT

Posted on February 15th, 2017 by Clyde Mooney
Developers are making the most of Victoria’s updated development laws – and challenging those they don’t like – putting many historic pubs under threat or under another structure. Bridie O’Reilly’s in Brunswick is an institutional Irish pub for the people,

CROWN TOPS OFF LANTERN SELL-OFF

Posted on February 13th, 2017 by Clyde Mooney
The feeding frenzy of Lantern’s pub sell-down has ended with the sale of the Crown Hotel to Damian Kelly’s Peak Investments for $26.1 million. The ASX-listed Lantern Hotel Group (LTN) has executed a well-publicised and highly strategic divestment program of

PRIZED NEW OPERATOR FOR HISTORIC PORT OFFICE HOTEL

Posted on February 13th, 2017 by Clyde Mooney
One of Brisbane’s historic and best-loved pubs is in new hands, with Nick and Meagan Gregorski set to reopen the renovated Port Office pub tomorrow. Fourth generation publican Nick Gregorski recently revived The Alliance Hotel in Spring Hill, winning praise